Book Image

Gnucash 2.4 Small Business Accounting: Beginner's Guide

4 (1)
Book Image

Gnucash 2.4 Small Business Accounting: Beginner's Guide

4 (1)

Overview of this book

Attention, small business owners! Stop tax-day stress. Stop procrastinating with a shoebox full of receipts. Stop reinventing the wheel with a spreadsheet. Stop making decisions simply on a hunch. Stop wasting money on software that is overkill. Start by downloading GnuCash and getting your accounts in order. Designed to be easy to use, yet powerful and flexible, GnuCash allows you to track bank accounts, income, and expenses. As quick and intuitive to use as a checkbook register, it is based on professional accounting principles to ensure balanced books and accurate reports. You can do it and Gnucash 2.4 Small Business Accounting Beginner's Guide will help you get up and running with maintaining your accounts. Gnucash 2.4 Small Business Accounting Beginner's Guide speaks business language, not accountant-speak, because it is written by a former small business owner. It guides you to use GnuCash from scratch with step-by-step tutorials without jargon, pointing out the gotchas to avoid with lots of tips. It will teach you to work on routine business transactions while migrating transaction data from other applications gradually. You will be able to keep on top of transactions and run reports after reading just three chapters! Beyond Chapter 3, it is up to you how far you want to go. Reconcile with your bank and credit card statements. Charge and pay sales tax. Do invoicing. Track payments due. Set up reminders for bills. Avoid stress at tax time. Print checks. Capture expenses using your mobile phone. Gnucash 2.4 Small Business Accounting Beginner's Guide gives you the power. Know your numbers. Make decisions with confidence. Drive your business to its full potential.
Table of Contents (20 chapters)
Gnucash 2.4 Small Business Accounting
Credits
About the Author
About the Reviewers
www.PacktPub.com
Preface
Index

Time for action – creating a custom report and saving it


Let's say that you want to create an Account Summary:

  1. From the menu select Reports | Account Summary. The Account Summary report will open in a new tab. You notice that it is for the period ending on the last day of this financial year. Also, you find that the few relevant numbers are buried in a sea of zeroes.

  2. Click on the toolbar button Options. You can also select Edit | Report from the menu Options.

  3. The checkbox Include accounts with zero total balances in the Display tab will be checked by default. Uncheck it. The checkbox Omit zero balance figures in the same tab will be unchecked by default. Check it.

  4. In the General tab, type MACS in the Company name field.

  5. Click on the Stylesheet drop-down list and select Technicolor and then click on OK to see the following screenshot of the report:

  6. Now that you have jumped through enough hoops, you want to make sure this report is saved and saved for good. You may have earlier noticed the Add Report...