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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 – entering simple transactions quickly and easily


In this tutorial, we are going to enter a simple transaction of withdrawing $300 cash from the checking account.

  1. From the menu, select Actions | Transfer to open the Transfer Funds window.

  2. In the Basic Information pane, enter 300 in the Amount field, leave today's date unchanged in the Date field, enter the check number 2073 in the Num field, and enter Withdraw cash in Description.

  3. Scroll down in the Transfer From list and select Checking Account. You may have to click on the + sign to open the tree, if the account is not visible.

  4. Scroll down in the Transfer To list and select Cash. At this point, the window should look like this:

  5. Select OK to commit the transaction.

  6. We will now confirm that the transaction has been entered in the respective accounts correctly. In the Account tab, double-click on the Checking Account. It will open in a separate Checking Account tab. This is known as the account register for Checking Account. You...

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Gnucash 2.4 Small Business Accounting: Beginner's Guide
Published in: Feb 2011
Publisher: Packt
ISBN-13: 9781849513869
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