‘MyLedger: GnuCash Companion’ FAQ
Contents
- What is the relationship between ‘MyLedger App’ and ‘GnuCash Desktop Software’?
- How does ‘MyLedger App’ work in conjunction with ‘GnuCash Desktop Software’?
What is the relationship between ‘MyLedger App’ and ‘GnuCash Desktop Software’?
- MyLedger is a companion mobile app for GnuCash (desktop software) . You can import the data from GnuCash, and record transactions on-the-go in the app, and later export the data into GnuCash.
- MyLedger can also serve as a standalone personal finance app without using the GnuCash software. It tracks bank accounts, stocks, income and expenses etc. It is based on formal double-entry accounting principles. When you need the powerful features of GnuCash (like the reporting feature), you can export data as a GnuCash file and open it with GnuCash.
- MyLedger and GnuCash use the same concept. If you are familiar with using GnuCash, you will also be familiar with using MyLedger. Please refer to: GnuCash Tutorial and Concepts Guide
How does ‘MyLedger App’ work in conjunction with ‘GnuCash Desktop Software’?
As shown in the figure below,
- The ‘File-B.gnucash’ file can serve as an exchange file between ‘MyLedger App’ and ‘GnuCash Desktop Software’.
- Edit ‘File-B.gnucash’ using ‘GnuCash Desktop Software’;
- Import data from ‘File-B.gnucash’ using ‘MyLedger App’;
- Use ‘MyLedger App’ to record personal financial information anytime, anywhere;
- Export data to ‘File-B.gnucash’ using ‘MyLedger App’;
- Repeat steps a, b, c, and d.
- The ‘File-B.gnucash’ file exported by app only contains data such as accounts, transactions, commodities and prices, so do not use the exported file to overwrite ‘File-A.gnucash’ file containing all the data.
- ‘File-A.gnucash’ file and ‘File-B.gnucash’ file can exchange data using the import and export features of ‘GnuCash Desktop Software’. See also: 6.16. Importing Transactions from Files / 6.17. Exporting Transactions
- Please be careful to back up your important files frequently.
