I’ve been reading various non-GC articles and blog postings about how a small
business might account for PPP or EIDL funding and expenses.
I’ve looked for but have not found any GnuCash list posting about this.
I’m curious if anyone is using GC for this and, if so, how you’ve chosen to do
so?
I realize some more information might be useful.
Briefly (and oversimplified), both PPP and EIDL are US government programs
which provide money from the government to a small business.
PPP funds are a loan, some or all of which can be forgiven (not need to be paid
back) and is expressly not ta
I just had a committee meeting for a 501(3)(c) this week where this was
discussed. This is not really a gnucash issue but an accounting issue. A
banker sits on the committee and part of the problem is that SBA has not
finalized their procedures. Apparently some draft information has been
released a
In general, I’d say this is an accounting question - for a local, certified,
qualified accountant, not for the list.
But, to the basic question of how to ID some transactions for reporting
purposes, you have a few options.
#1 - you can use the Notes field to put some sort of label, tag, or desc
To continue on Dale’s notes:
Regardless of the real-world treatment of the funds, you can create a
sub-account in GnuCash under your bank account and treat the funds as
segregated. That will also make reporting easier as you might not need to use a
tagging system, but you might still find taggi
On 5/23/2020 11:56 AM, Adrien Monteleone wrote:
To continue on Dale’s notes:
Regardless of the real-world treatment of the funds, you can create a
sub-account in GnuCash under your bank account and treat the funds as
segregated. That will also make reporting easier as you might not need to use
This is exactly where Job Costing would be of direct assistance. Job
costing is now partially implemented in GnuCash (at least you can define
jobs and you can attach them to any specific expenses). Please see a new
thread on Job Costing soon.
For either a for-profit or a non-profit 501c3, what y
Hi, I recently installed and am using GnuCash (Version: 3.10 / Build ID:
3.10+(2020-04-11), on Windows). I am happy to see some functionality for
Job Costing has been added in recent years. This is very important to
develop so that many more small businesses could possibly use GnuCash. But
what i
Mentioning a couple of related threads:
https://lists.gnucash.org/pipermail/gnucash-user/2020-May/091134.html
https://lists.gnucash.org/pipermail/gnucash-devel/2020-May/045064.html
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To update your subs
Tried the Aqbanking section on GnuCash 3.10 with my Amex account. It was
encouraging to see the latest version of Aqbanking now recognizes the content in
the OFX download (last broken version could only read the headers). Was about to
congratulate the development team, but then I noticed something
The most obvious match would be to match any Transfer Accounts in the data
to gnu Accounts, even if the result needs to be verified.
Other comments:
1) User's rapid clicks can unintentionally select the wrong account,
mapping invalid data
2) Seems there could be an opportunity for user to re-run a
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