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Questions tagged [gnucash]

For questions related to the GnuCash personal and small-business financial-accounting software freely licensed under the GNU GPL. As this is a personal finance site, questions about usage of the software are preferred over technology-related questions.

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9
votes
2answers
1k views

How should I record the changing value of an investment in accounting software?

I have the following (simplistic) structure set up in GnuCash, but this should apply to other software too: Assets Bank account Pension Income Salary Interest Every month, my salary is split ...
7
votes
1answer
355 views

Gnucash extension to generate interest entries

I often find myself manually entering interest (and according tax) entries for savings accounts in gnucash. Is there a plugin or extension available where I can enter the initial value, the interval ...
6
votes
1answer
627 views

Accounting for payment into wrong currency account

I deal with clients in several countries and have two bank accounts in two currencies. Recently, I sent out an invoice with the wrong bank account number, so a client invoiced in SGD made a payment ...
5
votes
1answer
2k views

How does GNUCash calculate “profits”

At the bottom is a summary bar, which shows "Net Assets" and "profits". I'm slightly baffled at what GNUCash thinks profits are, since it seems to be different than "net worth".
9
votes
2answers
1k views

Is it possible to add your own currencies or other “countable entities” in GnuCash?

I'm trying to track the income and expenses of an essence that is not listed as any pre-defined GnuCash currency (say, bubble gum stickers, number of calories or air temperature). Is it possible to ...
10
votes
1answer
328 views

Is it possible to track meter readings in GnuCash?

I'd like to keep the record of, for example, water and electricity consummation. Is it possible to properly implement a pseudo-account in GnuCash to store the meters' readings? Even more, having the ...
3
votes
2answers
286 views

How should I document mandatory furlough in GNUCash?

My union contract requires a certain number of furlough hours be taken over the next year and a half. Furloughs are basically unpaid vacation--I don't show up, and don't get paid. How should I ...
16
votes
2answers
11k views

Starting with GnuCash. How to eliminate automatic entries ending up in the “unbalanced” account?

I just started using GnuCash and there is something I do not quite get how to get rid of (and whether I should try to get rid of). When I start importing transactions, I have expenses, income, etc. ...
17
votes
3answers
5k views

improve gnucash OFX transaction matching

I wrote a script that cleans up OFX transaction files downloaded from banks so that the name and memo fields are more readable once imported into gnucash. This works great, I now get very clean ...
18
votes
2answers
10k views

What's the difference between 'cleared' and 'reconciled' in my financial accounting software?

Been using GNUCash for the past four years, and I'm slowly learning the more advanced features over time. Until now I've never needed to bother with future dated transactions, but recent large ...
5
votes
4answers
1k views

How do I set up the formulas to properly split monthly loan payments to principal and interest?

This has been a small annoyance for months now: the formulas GNUCash produced via loan repayment wizard don't match up with my lender's amortization tables. The formulas use pmt() functions, like this ...
8
votes
1answer
2k views

Gnucash: Add new column for bookings

Is there a way to add a custom column for accounts in gnucash, so that I can add special information to bookings like: "Who added the entry?" or "What is the date of the bill?" I could input this ...
6
votes
1answer
1k views

GnuCash bookkeeping for account contributions to accounts having annual contribution limits?

I'm using GnuCash, and trying to figure out how to structure a couple of accounts to track contributions to accounts like Roth IRAs and HSAs that have an annual contribution limit that I need to track....
11
votes
2answers
3k views

Setting up general ledger/tax reporting for a Real Estate Rental LLC in GnuCash

I have downloaded the GnuCash accounting software for use with our real-estate rental LLC, in hopes of following more universal accounting practices and determining our individual cash basis, but my ...
4
votes
1answer
448 views

Gnucash: Keyboard shortcut to move to blank transaction?

When entering transactions in Gnucash, there is a toolbar icon to jump to "Move to the blank transaction at the bottom of the register". What is the equivalent keyboard shortcut to do that?
16
votes
2answers
2k views

What is the best cross-platform GPL personal finance tool available?

If I want desktop, web and mobile (preferably Android) access to all my accounts and assets, in a personal finance tool, what would you recommend I look at? Until Wesabe cancelled their web dashboard ...
7
votes
2answers
838 views

What is a good open source Windows finance software

I have played around with GnuCash a little but it doesn't quite meet up to what I am looking for. I currently run QuickBooks and use class tracking to keep a fine line of separation between my ...
20
votes
4answers
20k views

What headaches will I have switching from Quicken to GnuCash?

I'm interested in switching to an open source checkbook program. I currently use Quicken and I'm interested in switching to GnuCash but I have usability concerns. Does GnuCash have all the features ...