To set up GnuCash
to handle accounts receivable and accounts payable
for a company two preliminary things must be done. The first is to build an appropriate
Account Hierarchy and the second is to register the company in
GnuCash
.
There are many different ways to set up a business account
hierarchy. You can start with the Business Accounts setup which is
available from the New Account Hierarchy assistant, or you could build one
manually. To access the prebuilt Business Accounts, start GnuCash
and
click on → and
proceed until you see the list of available accounts, select Business
Accounts.
![]() | Note |
---|---|
The prebuilt Business Account hierarchy will not meet your needs exactly. You will need to make adjustments for the hierarchy to function well with your particular situation. It should be close enough that it is recommended you begin with it. |
After you have built the account structure, register the GnuCash
file as belonging to your company by filling in the data requested in
the Section 10.3.3, “Business Book Options Tab” accessible from the
→ menu.