> On 2 Aug 2019, at 13:09, Mike or Penny Novack <stepbystepf...@comcast.net> > wrote: > > On 8/2/2019 3:34 AM, Adrien Monteleone wrote: >> I’m not sure about keeping track of member donations in an Asset account. >> > There are difficult issues doing financials for non-profits which can require > some fiddling using gnucash (or any alternative). > > For example -- the members may want to receive "statements" (invoices) and > want these to reflect a unified statement (membership as well as pledges) BUT > membership dues are NOT a receivable for such organizations <<which may be > keeping books on a cash basis, but more important, a member can withdraw at > any time, does not OWE the billed dues. They DO owe pledges, but only > according to the terms of the pledge* >>
Fortunately, our members don’t want to receive invoices or statements of any sort, and they don’t make pledges - except perhaps in that they undertake to dine at another member’s house at some future date, and make a payment to the club’s charity account. > > ONE solution is to bite the bullet and keep multiple books for different > purposes. I have one file for the club, and one for the charity - the bank accounts must be kept separate, and I think it’s important for me to be wearing a “club” hat or a “charity” hat in dealing with the bookkeeping. > Main books on a cash basis NOT tracking members but just the source of the > income (dues, donations, pledges, etc.) and the other used just to be able to > invoice and track which members have paid, etc. If I understand you correctly, this would involve my keeping four sets of books: Club - members Club - business of running the club Charity - members Charity - business of running the charity > In the example situation above where members may contribute (get credited for > contributions actually made by others) that is another level of complexity. > > Michal D Novack > > * Thus if a pledge is $5000 in the form of $1000 a year for five years they > do not owe $5000 immediately I wish I had such a problem to deal with! Thanks, Michael _______________________________________________ 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.
