On Fri, 2 Dec 2022 at 18:49, john <jra...@ceridwen.us> wrote: > That accountant you pay can also tell you how to set up your books for the > new company. You'll get much better advice from them than from this list: > They're licensed to practice accounting in the UK, unlike anyone here. > > That said the £1 per share is called par value and is the lowest amount > the company might sell the shares for. It's usually much less than the > actual price the company gets for the shares and that's what you enter in > the company's books. See e.g. > https://smallbusiness.chron.com/account-issuance-par-value-shares-57788.html > . > > Regards, > John Ralls >
It's not a new company, but in previous years I have submitted things on spreadsheets. He has acce[ted spreadsheets in the past - he sent me one with different tabs for what he needed. He has also suggested commercial software - one of which was Kashflow. Now he has stopped using that as the prices have risen, and he is not finding it so good. So I'm glad I did not go down that route. He does not seem too fussed about how things are recorded, as long as he can work out what's happened. I have just sent him some screenshots from GnuCash, and asked if they are okay before I start putting this year's transactions in. Dave _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
