> On Jul 30, 2019, at 10:57 AM, Adrien Monteleone > <adrien.montele...@lusfiber.net> wrote: > > > What I have found so far, is that certainly the Operations section will > contain several adjustments to account for anything accrued or transacted in > credit as opposed to cash. (i.e., changes to AR/AP, Inventory, Depreciation, > Unearned Revenue, Accrued Expenses, Deferred Taxes, Stock Disbursement > Compensation, etc.)
This is only for the ‘indirect method’ of calculating the Operations section. There is also a ‘direct method’ which is allowed by GAAP(though GAAP requires the indirect schedule also) and strongly recommended by IAS. (though IAS allows either method) I’ll detail both methods when I add more. I suspect the Direct Method will be easier to accomplish with GnuCash and more likely to be more useful to an individual or cash -basis SMB. The Indirect Method will require calculation code from the Income Statement and Balance Sheet since the workflow pulls figures from those reports. Regards, Adrien _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
