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Gnucash 2.4 Small Business Accounting: Beginner's Guide

You're reading from   Gnucash 2.4 Small Business Accounting: Beginner's Guide Manage your accounts with this desktop financial manager application

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Product type Paperback
Published in Feb 2011
Publisher Packt
ISBN-13 9781849513869
Length 324 pages
Edition 1st Edition
Tools
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Toc

Table of Contents (20) Chapters Close

Gnucash 2.4 Small Business Accounting
Credits
About the Author
About the Reviewers
www.PacktPub.com
Preface
1. Getting Started with GnuCash 2. Transactions – the Lifeblood of a Business FREE CHAPTER 3. Fun and Eye-opening Part - Reports and Charts 4. How not to Get Lost in the Transactions Jungle 5. Repetitive Work? Let GnuCash do it 6. Business Mantra: Buy Now, Pay Later 7. Budget: Trip Planner for your Business 8. Making Tax Times Less Stressful 9. Printing Checks and Finding Transactions 10. Adapting GnuCash for Non-profits and Personalizing 11. Data Import/Export: Use your Phone to enter Expenses 12. Application Integration and Other Advanced Topics Pop Quiz Answers Index

Time for action – assigning numbers to accounts


Let us see an example of how to assign account numbers using the Renumber Subaccounts feature of GnuCash.

  1. Make sure the Account Tree window is on top. Select one of the parent accounts, say, Expenses. From the menu select Edit | Renumber Subaccounts…. Enter 4 in the Prefix field and select an Interval of 5 as shown in the following screenshot:

  2. Click Renumber. You will find that GnuCash has renumbered all the subaccounts of this parent account.

  3. Next you can select, say, Auto and renumber all its subaccounts.

  4. However, you will find that the top-level account, namely Expense has not been numbered. You have to number this manually. Click on the Account Code field on the Expense line. The field will become a textbox allowing you to edit it. Enter the number 4 as shown in the following screenshot:

  5. Now you can tab out of that field and make sure to save your changes.

What just happened?

Who said that numbered accounts are for dictators and spies? You...

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