On 4/14/2024 8:45 PM, Oleander via gnucash-user wrote:
Hello,
is "Housing" a proper account name if I want to include only my apartment expenses like
Rent/Mortgage and Repairs&Maintenance? I'd like to record my Utilities expenses separately within
another account so that my "Housing" account adds up only the expenses related to the
building.
If not, what would you use?
Thanks,
a) The name you choose to give an account is whatever is meaningful to
YOU. Just avoid any of the (few) reserved account names (like "asset",
"expense", etc.)
b) You can either have "utilities" totally elsewhere OR you can consider
those expense intimately related to housing and have that account a
CHILD of "housing". Your CoA (chart of accounts) is logically of
structure type TREE where accounts can be children of an account that is
their parent. So you could have "rent" and "utilities" as children of
"housing". That would allow you to see the separate totals of
"utilities" and "rent" as well as the total for "housing" (I am
referring to reports)
c) But say you were thinking of entering OTHER sorts of utility expenses
under "utilities", say you bill for phone service << we used to think of
a phone associated with a place but now many of us carry them in our
pockets. You could have "utilities" separate..
d) What you can;t do is have it both ways. Traditional double entry
bookkeeping allows only one tree structure for the CoA. To get it
different in different reports you would have to BOTH set up the CoA
correctly AND select just certain accounts for the report.
Michael D Novack
_______________________________________________
gnucash-user mailing list
gnucash-user@gnucash.org
To update your subscription preferences or to unsubscribe:
https://lists.gnucash.org/mailman/listinfo/gnucash-user
-----
Please remember to CC this list on all your replies.
You can do this by using Reply-To-List or Reply-All.
