My own accounting

Here is how I set up my own books in GnuCash.  It took less than 7 minutes.

In case you’re wondering how profitable I am, so far, I’ve lost $133.

About Mark P. Holtzman

Chair of Accounting Department at Seton Hall University. PhD from The University of Texas at Austin. Worked at Deloitte's New York Office. BSBA from Hofstra University.

7 Responses to “My own accounting”

  1. I’m not sure exactly why but this website is loading very slow for me. Is anyone else having this problem or is it a issue on my end? I’ll check back
    later on and see if the problem still exists.

  2. why you set up Capital account in Equity

  3. And I see in other video you transfer the income from sale to capital and exp from expenses to capital>> If u transfer the income from sale to cash in asset or transfer exp from expenses to cash that will be wrong??


  1. Transparency « Accountinator - April 18, 2012

    […] More advanced companies should try the open-source program GnuCash.  Free download here.  Quick demonstration video here. […]

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