The GnuCash application doesn’t have a built-in payroll processing module. However, this is the same scenario as you might encounter when dealing with other commercial accounting /bookkeeping software such as Sage 50 or Quickbooks. In the case of most of the commercial accounting software packages, you might have to pay extra to get the payroll …
In the previous post, we showed how to synchronize the local repository with the remote repository located at Bitbucket cloud. For that we used a single branch called “master” locally and a branch called “origin/master” remotely. This branch can be shared with other users so that they can also clone the repository and do their …
Bitbucket is a version control system. A version control system (VCS) is where programmers can store their code at various stages of development, so that they can restore previous versions easily when there is a requirement. Bitbucket is based on Git, which is one of the most popular VCS. Git was created by Linus Torvalds, …
Small businesses often might need to purchase things or services from vendors such as online stores, regular retailers or other small businesses. Whenever a purchase happens, it needs to be recorded in the books. So, let us see how to do this using GnuCash. Let us add a vendor and then the purchase bill. Adding …
Any business needs customers for its continued existence. Major part of the business income is generated from sales to customers. Usually when selling something, an invoice is created in order to document the details of the sale. In this post, let us look at how to add information about customers and sales invoices as well …
Cloud vs Desktop version for accounting software ? Nowadays many of the accounting / bookkeeping software are available in both desktop and public cloud versions. In fact, many of them do not provide an option for desktop version. It is a matter of convenience and personal preference as to which version is considered better before …
Using GnuCash – Transactions and Opening Balances Read More »
The accounting equation says that the difference between total assets of a business and its total liabilities equals its net worth (equity). Assets – Liabilities = Equity This can further be expanded when we consider the income and expense. The equity (net worth) increases when receiving an income and decreases when money is spent for …
(I used to have a small business and previously was relying on third party accountants for bookkeeping and accounting. Though I was okay to send most of the financial documents and receipts to the bookkeeper, I was looking for a software that can be used for personal bookkeeping and accounting as well as preparing the …
Using GnuCash for Small Business Bookkeeping and Accounting – Installation Read More »
Happy New Year 2021 !
Our new ebook on IBM Tivoli Netcool OMNIbus V8.1 Implementation Questions and Answers has been published as an Amazon kindle ebook. Our ebook will help in preparing for the IBM Tivoli Netcool OMNIbus V8.1 Implementation exam (exam code: C9560-519). It provides two practice tests each consisting of 70 questions and detailed explanations and links to …
