Here is how I set up my own books in GnuCash. It took less than 7 minutes.
In case you’re wondering how profitable I am, so far, I’ve lost $133.
Here is how I set up my own books in GnuCash. It took less than 7 minutes.
In case you’re wondering how profitable I am, so far, I’ve lost $133.
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I’m not sure exactly why but this website is loading very slow for me. Is anyone else having this problem or is it a issue on my end? I’ll check back
later on and see if the problem still exists.
I’ve also been having trouble. What are you trying to access – maybe I can e-mail it to you. – Mark
why you set up Capital account in Equity
Capital is part of equity.
And I see in other video you transfer the income from sale to capital and exp from expenses to capital>> If u transfer the income from sale to cash in asset or transfer exp from expenses to cash ..is that will be wrong??
The sale should increase capital and expenses should decrease capital. GnuCash will do this for you.
The sale also increases cash and the expense should decrease cash.