Hi everyone,

I’m from a non-profit organization, and I’d like your advice on properly setting up fund accounting in Odoo. Specifically, I’m wondering how to handle the equity section of the balance sheet for net assets.

Should I:

1. Create three separate net asset accounts in the chart of accounts for Restricted, Temporarily Restricted, and Unrestricted funds (with the default account for Current Year Earnings used for Unrestricted)?
2. Use the analytical accounting function to create analytic plans for Restricted, Temporarily Restricted, and Unrestricted funds while keeping a single default Net Asset account in the chart of accounts?
3. Combine both approaches?

I’d love to hear your thoughts or see how others have managed this.

Thanks in advance!