This is as much an accounting question as a GnuCash one but how one does this depends on the sofware's capabilities so it makes sense to ask here.
Our church has two main accounts (as in places where money is kept), a current account at a bank, and a 'building fund' kept in a building society savings account. I run two separate instances of GnuCash, one for the current account and one for the building fund. Both of these are run on a 'cash accounting' basis so the balances in GnuCash exactly match the statements from the bank and building society. I need to have a way to record payments that go 'through' the current account but which are actually building fund transactions. For example if we have a fund raising event the cash has to go into the current account (can't pay cash direct into the savings account) and similarly in the opposite direction we often pay building maintenance costs with a cheque from the current account and need to transfer money to cover that from the building fund. Thus, every so often (say monthly) I will need to do a sum that works out the amount owed either way and do an on-line transfer one way or the other. What sort of expense/income should this be and how do I record which transactions (already recorded) it balances out? For example we might have 'income' into the current account as follows:- Scarfe Trust for roof 750.00 Talk and Tea collection 205.00 Tea concert 410.00 Carol singing 35.00 Then I need to make an 'expenses' payment out of the current account to the building fund of 1400.00 but it needs somehow to reference the above income to show where the amount came from. Has anyone any experience or ideas of how to manage this? -- Chris Green _______________________________________________ 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.