On Thu, 2021-07-29 at 18:11 +0100, Michael Hendry wrote:
> On 29 Jul 2021, at 11:53, David Sumbler wrote:
> > I have a set of accounts in which some transactions have a
> > considerablenumber of splits, each one relating to an individual
> > person. All ofthese splits have the same amount in the
On Thu, 29 Jul 2021 16:31:38 +1000
Weiwu Zhang wrote:
> Much thanks David for the explanation! I have already got 3 accountant
> offer on setting up the whole thing including their choice of
> software; but I'd wait a few days to see if anyone would offer to also
> set up with GNUCASH. If no I'll
On 29 Jul 2021, at 11:53, David Sumbler wrote:
>
> I have a set of accounts in which some transactions have a considerable
> number of splits, each one relating to an individual person. All of
> these splits have the same amount in the debit column, but the number
> of splits in each of these tr
- We record expenses at the moment of payment since most are purchased
online, invoiced, and paid at the same time.
- But regarding income, we always invoice customers first, and record
receivable when doing the invoicing. I know how to make an invoice
with GnuCash and how to do a transaction
I have a set of accounts in which some transactions have a considerable
number of splits, each one relating to an individual person. All of
these splits have the same amount in the debit column, but the number
of splits in each of these transactions varies.
When I need to add a new transaction of
David, good suggestion to split the task:
1. Get accounting advice on needs - how to structure business accounts and
required processes
2. Select software and set it up
Just because your accountant can advise you on the best accounting setup
for your business doesn't necessarily mean their favour
