We learned a lot in this chapter about how to set up the accounts needed for a small business.
Specifically, we covered:
- Installing GnuCash on a Windows PC: We walked through the steps involved in downloading and installing GnuCash on a PC running Windows 7, Vista, or XP.
- Creating a set of accounts: We learned how to use the built-in template in GnuCash to quickly create a complete set of accounts needed for a typical small business.
- Tweaking the set of accounts: While the preceding step helped us to make quick progress on setting up accounts, that was not enough. No two businesses are going to be exactly the same. There is always a need to tweak it further. We then looked at how to make account additions, changes, and deletions so that we ...