Starting a new business. For the next month or so, what few bills I have
will be paid by me, until I get my business checking set up. Its been
years since I studied double entry accounting, but I thought if I paid a
bill for lets say 100.00, I would credit my owner account for 100.00 and
debit
account to enter transactions.
Regards,
Adrien
On 1/3/23 3:51 PM, Jamie Tolbert wrote:
When I try to edit an opening balance account, to add a subaccount Owners
capital, it says the account is read only ?!?!?
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or adding transactions in the account,
but it doesn't stop me from creating a sub-account.
Try creating Owner's Capital as a sub of the parent: Equity instead.
Also, what version of GnuCash and what OS?
Regards,
Adrien
On 1/3/23 4:07 PM, Jamie Tolbert wrote:
I tried that, same results.screens
Still having trouble wrapping my head around my issue(s). I tried the
tutorial under HELP, is there a better new user guide?
Started a new property rental business, and for now, am on a cash basis,
Originally , I thought I would just pay each bill, and credit owner
equity and debit the bill
I dont have another asset account,yet...soon I will have a business
checking account, but in the meantime, I do I tell the software I
started a business with an initial investment of 500.00, and that money
should be in petty cash?
-- Original Message --
From "Rich Shepard"
To
trying to add a few more accounts after using the wizard, and starting
to enter transactions, I realized I missed a few..tried the help
file, I must be missing how do I add an new account?
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To u
I am slowly wrapping my head around things, kinda stuck on a question
about accounting for unsold inventory. Say I bought 10 widgets, for 100
each, my cost of good sold is 1000; I sold 6 for 140 each. My sales is
840, but my cost of good sold is only 600, not 1000, How do I account
for the 4 re
new user here, seems like all the files are in my document storage
folder, I'd like to move them to their own separate folder, is that
possible?
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Date 3/11/2023 2:40:23 PM
Subject Re: [GNC] new user woes
On 2023-03-11 10:23, Jamie Tolbert wrote:
Originally , I thought I would just pay each bill, and credit owner
equity and debit the bill, but that seems very cumbersome and confusing,
I mean no disrespect -- every one of us Gnu
