[ubuntu-uk] gnucash accounts

[Leon Barker]

On 26/06/07, michaelweaver <weavermicha at googlemail.com> wrote:
>         I do not know if I have got this right but having a look at the Gnucash
> concepts guide when creating accounts in Gnucash, I create for example
> an account called assets as a top level account but do not put in any
> details such as an account name or number and then add my actual
> accounts as parent accounts under the assets account which is then where
> I fill in my actual bank account names etc.
> Is this correct that my top level account does not need any actual
> information apart from a name like Assets and that I do not even need to
> select an account type in the list when creating the first account?

I used the Setup wizard defaults which makes it very easy (although it
is a bit americanized - you can edit them afterwards anyway)

Top level account would be Assets
Then beneath that you would put your Bank accounts and Savings accounts etc

I would just play around with it untill your comfortable, it looks and
sounds much more complicated than it actually is ;)

Regards
Leon