Combined Personal plus Businesses in same file

Michael DeBusk michael at nlphilia.com
Wed Apr 9 12:28:49 EDT 2008


Derek Atkins wrote:

> I wont get into the pros/cons here; you should talk to a real
> accountant on that.  But GnuCash wasn't really designed for this,
> but it can be made to work with a LOT of effort on your part.

There are legal requirements, too, for keeping one's personal financial
records separate from those of one's business. A former employer of mine
spent some richly-deserved time in a federal prison due, in large part,
to his failure to separate his personal and corporate assets.

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