I think I should add - I am pretty sure that "cost of goods sold" is
related only to goods being sold. Yes of course, when providing a
service there may well be costs from consumables used in that service.
But how you account for those costs (when "expensed") is different.
Thus -- the sal
On 12/7/2024 8:48 PM, Stephen M. Butler wrote:
Are there intra-city transactions? If not, the simple solution is to
have one set of books per store. However, that does make it hard to
roll up to a grand total for the entire business.
Well, there are pros and cons. You'd want to take into acc
On 7 Dec 2024, at 20:45, Gary Kulp wrote:
>
> Hello,
>
>
>
> I'd be appreciative if someone could illustrate how to account for income and
> expenses from multiple business locations. For example, if I were to account
> for five hair salons in five cities, I would need to account for the
>
The simplest solution that occurred to me was to have a separate GnuCash
file for each location... perhaps reports can be copied to a spreadsheet
that you can then use for over-arching reports.
On Sat, Dec 7, 2024 at 2:46 PM Gary Kulp wrote:
> Hello,
>
>
>
> I'd be appreciative if someone could
Are there intra-city transactions? If not, the simple solution is to
have one set of books per store. However, that does make it hard to
roll up to a grand total for the entire business.
The next approach would be to have a high-level account for each
location within ASSETS, LIABILITIES, EQU
Thanks for this detailed response, Jim. Indeed I'm trying to imitate the
Quicken "Class" field, which I believe is the same as a tag. I'll delve into
the matter Monday. I appreciate the kind welcome and advice.
Sincerely...Gary Kulp
On Sat, 07 Dec 2024 17:17:24 -0600 Jim DeL
Hello, Gary, and welcome to GnuCash!
On 2024-12-07 12:45, Gary Kulp wrote:
I'd be appreciative if someone could illustrate how to account for income and
expenses from multiple business locations
Firstly, let me acquaint you with a clarifying question that appears
frequently on the gnucas
Hello,
I'd be appreciative if someone could illustrate how to account for income and
expenses from multiple business locations. For example, if I were to account
for five hair salons in five cities, I would need to account for the following
in each city using GNU Cash.
Income
Haircu