[TriLUG] Financial Tracking Software
elfick at mac.com
Thu May 26 19:17:54 EDT 2005
Sounds like gnucash would make an interesting meeting presentation.
Alan Porter wrote:
> It is basically like Quicken, with one major exception (see below).
> You have registers for your checking and savings accounts, and you
> enter your data in the same way. You reconcile the same way. You
> get a few basic reports (not many).
> The exception? GnuCash treats your "categories" (Quicken term) just
> like any other "account" (GnuCash term). You can click on a category
> and see a register of transactions, just like you do with your bank
> accounts. It's like looking at your transactions from the other side.
> In the Quicken world, it's like a detailed report on that category.
> For example, I can open the account called "expenses:car:gas" and
> see every transaction I made at gas stations. This is because GnuCash
> treats all transactions as if they were transfers between accounts
> (double-entry accounting). For example, there will be a transaction
> that transfers $10 from "liabilities:creditcard:visa" to "expenses:car:gas".
> I can see the same transaction from either "account" (or in Quicken
> terms, from the Visa "account" or the gas "category").
> I also liked the fact that it imported my Quicken data with very
> little hassle.
> If you want a short introductory show-n-tell, reply offline and I'll
> show you all of my financial secrets.
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