[ncolug] Re: FOSS personal finance program

  • From: Chuck <cstickelman@xxxxxxxxxx>
  • To: ncolug@xxxxxxxxxxxxx
  • Date: Wed, 06 Jan 2016 09:17:05 -0500

On Wed, 2016-01-06 at 05:23 -0500, Henry Keultjes wrote:

On 01/05/2016 11:28 PM, Chuck wrote:
I tried doing the PFX thing and found it to take more time than
manually entering the transactions - my bank didn't categorize the
transactions properly so I had to revisit each transaction, which
seemed to defeat the purpose.

Chuck

On Wed, 2016-01-06 at 03:17 +0000, Rob Gibson wrote:
I would suggest GnuCash.  It can do double-entry accounting,
investments, and it has a simple mode.  You can also import your
bank's PFX output, if offered, to enter your transactions
automatically to then be categorized.  Oh, and it's been packaged
by nearly every distribution and has a Windows port, if anyone is
forced (under duress) to use it there.

Rob

On Tue, Jan 5, 2016 at 7:24 PM Mike <bellyacres@xxxxxxxxx> wrote:
On 01/05/2016 03:43 PM, M. Knisely wrote:
I uses Spouse 1.0.  Never plan on upgrading.

Michael Knisely

Spouse 1.0 gets cranky sometimes when she deals with finances! 
Even if
she is better at it...

Mike

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Chuck:

The key is a transaction document to start with.  Like you need a
purchase order to become a payables document but it becomes a
liability first.  How else would you balance the books?  Similar
example with payroll.  The withholdings etc become a liability when
the paycheck is entered,

Henry
This sounds like a solution that would only work for businesses.  There
is no need for a Purchase Order in GNUCash, and shouildn't be for a
personal finance package.  I'm not sure what a transaction document is,
but I do balance our accounts monthly, so again, it feels like GNUCash
is a more appropriate solution for what Mike was asking.

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