How to record vendor payments in GnuCash

This is third in my series of GnuCash purchases videos.  Before you watch this, watch “How to record vendor names in GnuCash” and “How to record vendor bills in GnuCash.”

This video shows you how to record vendor payments using open-source GnuCash software:

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.

4 Responses to “How to record vendor payments in GnuCash”

  1. Thanks for your videos! I have now watch them all and have a reasonable understanding of the basics of gnucash. I’m looking forward to new videos

  2. Hi Mark,
    I’ve really enjoyed all your videos on GnuCash. Have been a quickbooks pro 2005 user but needed to upgrade my computer. New computer won’t allow the 2005 version to run. 😦

    So I started searching for free accounting software. Found Gnu, loaded it but it’s quite different then what I’m use to. Then found your videos after some searching. There were quite a few simple things which you pointed out that cause me to think I might be able to use this software and understand what’s going on.

    I’m a small remodeling contractor, handyman and QB does far more than I need and cost’s far more than I want to spend. I wish Gnu had better job costing features like classes to help track specific jobs types but the price makes it very reasonable. I’m not an accountant but want to keep accurate records and be able to give my accountant the proper documentation needed for taxes. Because of your videos I’m going to spend a bit more time testing Gnu.

    Thanks,

    • Thanks so much Vigz for the feedback. GnuCash has some job-order costing features, but not really enough. If you get larger, you’ll need to switch to something more advanced. I think QuickBooks has a construction version.

      Good luck.

      Mark

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