First, let me say that I have never in my 50 years of accounting/bookkeeping, been successful setting up and using a budget. It was just too much work when the information was already in the books as to how much was spent in each account in each period. The few times I set up a very simple one, there was no relating it to actual. I have been treasurer of a non-profit for the past 7 years. My predecessors, if I was lucky, kept a check register. It took a long time to get the term assets/liabilities in to some sort of books. I suppose I was fortunate that we weren't big enough, here in USA, that I didn't have to make detailed reports to the government, and the members were only concerned with cash in bank. We do, from time to time, have dedicated funds to specific purposes. I can easily see the balance of these funds and make deposits/withdrawals. 110 Bank of Gnu $1,337.34 placeholder shows sum of sub accounts .... 110.1 General fund $1,234.45 .... 110.2 Dedicated fund 1 $67.89 .... 119,3 dedicated fund 2 $35.00One bank account with virtual funds. Now I know at a glance how much is each dedicated fund. I even had one slip into the red this month which is ok in that it tracks donations for our dinners and would have come out of General fund any way. In fact, based on a comment by our Commander, I had just set up the fund using data from the first of last year.
Bruce Preach the Gospel wherever you go. If necessary, use words. _______________________________________________ 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.
