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(OT accounting systems) |
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|
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On Sun, Dec 04, 2016 at 01:10:16PM -0500, james wrote: |
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> GNUcash is superior to Quickbooks, as it is a 'double entry' accounting |
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> system. Last time I check Quickbooks was not 'double entry' and that is |
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> a big deal in accounting. |
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QuickBooks is double-entry, and has been for a very long time; It did |
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used to obscure the fact before, to make accounting 'easier' for |
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non-accounting people to understand. |
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|
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For the Foundation, I'm presently using Ledger-CLI [1], but this is a |
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hurdle for any third-party financial auditing (we should be prepared at |
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all times for a real financial audit), because they want data in |
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quickbooks format. |
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|
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If there is a good GNUCash support for non-profit accounting (which does |
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differ from small-business accounting, see [2]), and matching |
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documentation for it, I'm VERY interested to know about it. |
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|
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Why Ledger? The Software Freedom Conservancy started a project aimed at |
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Non-Profit accounting [3], wrapped around Ledger, which covers far more |
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of the non-profit nuances than GNUCash does. |
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|
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They included enough documentation in how to specifically configure |
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Ledger for non-profit usage, so it was easy to get going since I already |
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used Ledger for my personal accounting. |
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|
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Ledger being plain-text based does work very well with version control, |
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even for multiple parties (I enlisted help to convert old bank |
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statements). |
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|
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[1] http://www.ledger-cli.org/ |
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[2] http://www.accountingcoach.com/nonprofit-accounting/explanation/1 |
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[3] https://sfconservancy.org/npoacct/ |
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|
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-- |
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Robin Hugh Johnson |
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Gentoo Linux: Dev, Infra Lead, Foundation Trustee & Treasurer |
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E-Mail : robbat2@g.o |
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GnuPG FP : 11ACBA4F 4778E3F6 E4EDF38E B27B944E 34884E85 |
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GnuPG FP : 7D0B3CEB E9B85B1F 825BCECF EE05E6F6 A48F6136 |