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Gnucash 2.4 Small Business Accounting by Ashok Ramachandran

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Time for action - creating the default business accounts

We are going to create the account hierarchy for our sample business, Mid Atlantic Computer Services (MACS). This will give you the hands-on feel to create accounts for your business, when you are ready to do that.

  1. Select from the menu File | New | New File. This will launch the New Account Hierarchy Setup assistant.

    Note

    GnuCash uses the term assistant to describe what you may have seen in other Windows applications called a wizard. Assistants help you perform tasks that are complex or not frequently performed. Assistants present you with a sequence of dialog boxes that lead you through a series of well-defined steps.

  2. Click Forward to go to the Choose Currency screen.
  3. You will find that US ...

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