On 3/13/2023 5:47 PM, Vincent Dawans wrote:
This sort of fund accounting is typically taken care of by using the
analytical dimension feature offered by some accounting softwares.
Unfortunately gnuCash doesn't have that feature (yet).
Here is an article somewhat explaining how it works (for a different
accounting package):
https://www.bakertilly.com/insights/tame-your-wild-not-for-profit-chart-of-accounts-with-dimensions
That was not the situation this person was asking about.
Non-profits often have "restricted" donations, funds donated that are
only usable for certain purposes. That restriction can be formal/legal,
in which case really should be kept in a segregated account. But a small
non-profit might have not enough to bother with that and might have some
funds only "morally restricted" (can, in emergencies, used for other
purposes).
Even when restricted funds kept in a separate account, if a small
org/small amounts the several restricted funds might be kept in a single
account.
Michael D Novack (who has been treasurer of several 501(c)3 orgs
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