User Guide - Financial Software: Difference between revisions

Revision as of 20:00, 24 February 2009

Fedora offers software from the GNOME and KDE environments to manage your finances. GnuCash is the financial software recommended for users with the GNOME desktop environment, and KMyMoney is recommended financial software for the KDE environment. Although each financial software application is recommended for a specific desktop environment, remember both will work on any Fedora desktop environment.

GnuCash and KMyMoney are not installed by default from the Live-CD or the DVD. If you do not have access to the Internet, you can install them with the Fedora DVD. To install either, or both packages, read the chapter on managing software. You can install them by either using the PackageKit application or on the command line by using Yum.

GnuCash

File:Docs Drafts DesktopUserGuide Financial gnucash-icon.png GnuCash allows you to track bank accounts, stocks, income and expenses. It has a checkbook register, it is based on double entry accounting principles.

Launch the GnuCash by clicking Applications > Office > Gnucash Finance Management.

Configuring GnuCash

Launch GnuCash by clicking Applications > Office > Gnucash Finance Management.
Push the [Close] button to close the Tip of the Day window.
From the Welcome Window select which wizard you want to open and click the [OK] button.
If you select Create a new set of accounts select the [Forward] button on the Setup Account Hierarchy window.

Choose your curency and click the [Forward] button.
Select all of the boxes next to the accounts you want to create in the Categories window, then push the [Forward] button.
Follow the directions in the Setup new accounts window, then click [Forward].
Push the [Apply] button to finish your account setup.

If you choose to import a Qif file, select the box then press the [Forward] button.

Select your QIF file to load. Click the [Forward] button. Now you have the option to load more QIF files for additional accounts. Select the[Forward] button.
Pressing the [Forward] button guides you through Matching QIF accounts with GnuCash account, Matching QIF categories with GnuCash accounts, and currency selection.
Click the [Apply] button to import your data, or the [Back] button to review your matchings.

Using GnuCash

Open GnuCash by selecting Applications > Office > GnuCash on the top menu panel.
The Accounts tab opens. The top menu bar allows you to manipulate your accounts. You can:

Edit, delete and create new accounts.
Set Preferences.
Schedule transactions.
Do transfers.
Reconcile an account.
Stock splits.
Add customers, vendors, and employees for a business.
Set reminders.
Generate reports.
Setup online banking.
Edit prices of inventory.
Access the general ledger.

Double click on an account to bring up a check book type register for that account. The top menu bar changes to allow manipulation of transactions. This menu includes the options above, plus you can:

Change the view of the ledger from basic ledger to auto-split ledger, transaction journal, or double entry.
Cut, copy, paste, duplicate, delete, void, and enter transactions.
Set billing terms for customers.
Create bill, invoices, vouchers.

Setup Online Banking

Online banking setup can be accessed from the Accounts window or the Register. On the top menu bar select Tools > Online Banking Setup. The Initial Online Banking Setup window lists what you need to complete the setup.

Click the [Forward] button.
Select the [Start AqBanking Wizard] in the Start Online Banking Wizard window.
The Configuration window Intro provides a summary of what you can do.
Type in the information required in the [Users], [Accounts], and [Backends] tabs on the top of the window.
Select OFX-Direct Backend if you are not sure which one to use.
You may need to call your bank to get their server URL. If you chose the OFX-Direct backend it is likely their URL is https:\\ofx.yourbank.com\.
Return to the Start Online Banking Wizard and click the [Forward] button.
Check the boxe(s) under the New? column to match the bank accounts with your GnuCash accounts.
Press the [Forward] button.
Now select the [Apply] button to finish.
To download your bank transactions select the Accounts or Register tab then: Actions > Online Actions > Get Transactions or > Get Balance and fill in the information asked for to complete the operation.

For additional help using the application, please refer to the documents on the Gnucash website.

KMyMoney

File:Docs Drafts DesktopUserGuide Financial kmymoney-icon.png KMyMoney Isa full double-entry accounting software package, for personal or small-business use. It also performs online banking

Configuring KMyMoney

For additional help using the application, please refer to the FAQs on the KMyMoney website.

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@@ Line 1: / Line 1: @@
 [[Category: Documentation]]
 [[Category: User Guide]]
 Fedora offers software from the GNOME and KDE environments to manage your finances. '''GnuCash''' is the financial software recommended for users with the GNOME desktop environment, and '''KMyMoney''' is recommended financial software for the KDE environment. Although each financial software application is recommended for a specific desktop environment, remember both will work on any Fedora desktop environment.
+'''GnuCash''' and '''KMyMoney''' are not installed by default from the Live-CD or the DVD. If you do not have access to the Internet, you can install them with the Fedora DVD.  To install either, or both packages, read [[User Guide - Managing Software|the chapter on managing software]].  You can install them by either [[User Guide - Managing Software#Installing Software|using the PackageKit application]] or on the command line by [[User Guide - Managing Software#Installing Software 2|using Yum]].
 == GnuCash ==
-[[Image:Docs_Drafts_DesktopUserGuide_Financial_gnucash-icon.png]]  '''GnuCash''' allows you to track bank accounts, stocks, income and expenses. It has a checkbook register, it is based on double entry accounting principles.  '''GnuCash''' is not installed by default from the Live-CD or the DVD. If you do not have access to the Internet, you can use the Fedora DVD to install '''GnuCash'''. To install the package '''GnuCash''', read [[User Guide - Managing Software|the chapter on managing software]].  You can install '''GnuCash''' by either [[User Guide - Managing Software#Installing Software|using the PackageKit application]] or on the command line by [[User Guide - Managing Software#Installing Software 2|using Yum]].
+[[Image:Docs_Drafts_DesktopUserGuide_Financial_gnucash-icon.png]]  '''GnuCash''' allows you to track bank accounts, stocks, income and expenses. It has a checkbook register, it is based on double entry accounting principles.
-After you install '''GnuCash''' using one of the methods described above, launch the program by clicking ''Applications > Office > Gnucash Finance Management''.
+Launch the '''GnuCash''' by clicking ''Applications > Office > Gnucash Finance Management''.
 ==='''Configuring GnuCash'''===
@@ Line 62: / Line 63: @@
 * Now select the '''[Apply]''' button to finish.
 * To download your bank transactions select the ''Accounts'' or ''Register'' tab then: ''Actions > Online Actions > Get Transactions'' or ''> Get Balance'' and fill in the information asked for to complete the operation.
-<!-- ######THIS IS OLD TEXT ON HOW TO INSTALL, REPLACED WITH LINKS ABOVE. ######  Here is how to install '''GnuCash''' using '''Add/Remove Software''' in the Gnome Desktop Environment. Click ''System > Administration > Add/Remove Software''. This will open the '''Add/Remove Software''' application. In the '''[Search Box]''' with the binoculars icon, type: <pre>gnucash </pre> Next, click the '''[Find]''' button. The message "Querying" appears in the lower left corner. Tick the box next to <code>Gnucash is an application to keep track of your finances</code>. The message "Downloading repository information" appears in the lower left corner. The window area below the list of packages contains additional information about '''GnuCash'''. Select any additional packages to install or remove at this time by changing tick boxes next to the package name. Finally, click the '''[Apply]''' button. This starts the '''GnuCash''' installation process and concurrently installs or removes any additional packages where you modified the tick box. Follow any prompts to install additional packages. '''GnuCash''' is now installed on your computer. Another way to install the '''GnuCash''' application is to use the command line. Click ''Applications > System Tools> Terminal'' to open the command line.Type:  <pre>su -c 'yum install gnucash'</pre> You will be prompted for the computer's root password. Type in the root password and press 'Enter'. You will not see the password as you type. The terminal will start giving information about the application, and end with <code>Is this ok [y/N]:</code>. Type: <pre> y</pre>The terminal downloads the necessary files and completes the installation of '''GnuCash'''. {| border="1"
-|-
-|||This is the default icon associated with '''Gnucash'''.
-|}
--->
 For additional help using the application, please refer to the [http://www.gnucash.org/docs.phtml documents]  on the [http://www.gnucash.org/ Gnucash]  website.
@@ Line 72: / Line 69: @@
 == KMyMoney ==
-[[Image:Docs_Drafts_DesktopUserGuide_Financial_kmymoney-icon.png]] '''KMyMoney''' is  not installed by default with either the Fedora Live-CD or DVD, but can be using either [[User Guide - Managing Software#Installing Software|using the PackageKit application]] or on the command line by [[User Guide - Managing Software#Installing Software 2|using Yum]]. If you do not have an Internet connection, you can install '''KMyMoney''' with the Fedora DVD.
+[[Image:Docs_Drafts_DesktopUserGuide_Financial_kmymoney-icon.png]] '''KMyMoney''' Isa full double-entry accounting software package, for personal or small-business use.  It also performs online banking
-<!-- ################ Install Text Not Used ######################################
-To install '''Kmymoney''' using the '''Add/Remove Software''' utility in the KDE desktop environment, start by clicking the large Fedora icon in the lower left corner called the '''Kicker'''. Next, select ''Applications > Administration > Add/Remove Software''. In the '''[Search Box]''' with the binoculars icon, type:
-<pre>kmymoney</pre>Next, click the '''[Find]''' button. The message "Querying" appears in the lower left corner.Tick the box next to <code>Personal finance</code>. The message "Getting information" appears in the lower left corner. The window area below the list of packages contains additional information about '''Kmymoney'''.Select any additional packages to install or remove at this time by changing tick boxes next to the package name. Finally, click the '''[Apply]''' button. This starts the '''Kmymoney''' installation process and concurrently installs or removes any additional packages where you modified the tick box. Follow any prompts to install additional packages.'''Kmymoney''' is now installed on your computer.Another way to install the '''Kmymoney''' application is to use the command line. Click the '''Kicker''' and select ''Applications > System > Terminal Konsole'' Type: <pre>su -c 'yum install Kmymoney2' </pre> You will be prompted for your password. Type in the root password and press 'Enter'. You will not see the password as you type. The terminal will start giving information about the application, and end with <code>Is this ok [y/N]:</code>. Type: <pre> y</pre> The terminal downloads the necessary files and completes the installation of '''Kmymoney'''.After either installation method, launch '''Kmymoney''' by clicking the '''Kicker'''and selecting '' Applications > Office > Personal Finance Manager''.
-{| border="1" |-
-|||This is the icon associated with '''Kmymoney'''.
-|}-->
 ==='''Configuring KMyMoney'''===