On 11/24/2024 12:04 AM, R Losey wrote:
Now this puzzles me... double entry bookkeeping is double bookkeeping,
whether a transaction has the simple case of "used my credit card to
buy gas" or a transaction with a dozen accounts (such as a
paycheck, with deductions for 401K, medical insurance, de
Now this puzzles me... double entry bookkeeping is double bookkeeping,
whether a transaction has the simple case of "used my credit card to buy
gas" or a transaction with a dozen accounts (such as a paycheck, with
deductions for 401K, medical insurance, dental insurance, social security
taxes, medi
I highly concur with you, Liz, about learning incrementally. I learn one
part, and when I have it down, I branch out and learn something new. Of
course, it's very true that people learn in different ways.
I started out just using GnuCash to register my expenses... I kind of
ignored deferred income
I have not been saying need to know much about double entry bookkeeping
TO GET STARTED USING GNUCASH and the new user won't have to do much with
equity beyond opening entries if never "closing the books" << much
EXPLICITLY with equity -- accounts of type "income" and "expense" are
actually type
us,
wenn es nötig ist.
From: gnucash-user on
behalf of Michael or Penny Novack via gnucash-user
Sent: Saturday, November 23, 2024 9:43:36 PM
To: gnucash-user@gnucash.org
Subject: Re: [GNC] Tutorial and Concepts
I have not been saying need to know much about double entry book
On Sat, 23 Nov 2024 13:08:54 -0500
David Warren wrote:
> I understand this answer, and agree that double-entry accounting does
> not need to be 'daunting', but I don't really agree that the typical
> 'basic' personal finance user is mostly going to make simple entries
> that credit a bank account
On Sat, 23 Nov 2024 12:02:17 -0500
Michael or Penny Novack via gnucash-user
wrote:
> I do not see how one can use a tool that automates a process with no
> understanding of the process.
That's the way I do programming, find an example, change some
parameters and test the result. Analyse result
On Sat, 23 Nov 2024 08:15:29 -0600
R Losey wrote:
> Sometimes, it is not a matter of understanding double-entry
> accounting or bookkeeping, but much more "how is this commonly
> done?". This group, at times, seems to throw out the "go learn
> double-entry bookkeeping" or "read the manual" just a
I understand this answer, and agree that double-entry accounting does not
need to be 'daunting', but I don't really agree that the typical 'basic'
personal finance user is mostly going to make simple entries that credit a
bank account and debit an expense account simply to record purchases. Here
a
On 2024-11-23 10:08, David Warren wrote:
> I understand this answer, and agree that double-entry accounting does
> not need to be 'daunting', but I don't really agree that the typical
> 'basic' personal finance user is mostly going to make simple entries
> that credit a bank account and debit an ex
Generally using "credit cards" involves a liability account, not an asset
account.
> On 11/23/2024 9:38 AM PST Phyllis Bruce wrote:
>
> Whenever you spend money, you identify the source of the money (your bank
> accounts or credit cards or cash from your wallet.) Those are your assets.
> You
Thanks, Mr. Losey for getting this particular ball rolling. I don't have
an accounting degree but I was a budget analyst for many years using
various computer programs. It is not necessary for many users to
understand double entry accounting in order to use Gnucash.
Whenever you spend money, you
On 11/23/2024 9:15 AM, R Losey wrote:
I changed the subject because I want to start a discussion regarding the
below comment, which regularly appears in this group (I am not throwing
rocks at Stan).
Sometimes, it is not a matter of understanding double-entry accounting or
bookkeeping, but much m
I changed the subject because I want to start a discussion regarding the
below comment, which regularly appears in this group (I am not throwing
rocks at Stan).
Sometimes, it is not a matter of understanding double-entry accounting or
bookkeeping, but much more "how is this commonly done?". This g
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