Re: [GNC] Moving from Quicken

[David T. via gnucash-user]

I will echo R Losey's comments but also add that over the years, I've used (and 
abandoned) the various download transactional data features in favor of manual 
entry. 

First, many institutions have become restrictive in their download offerings 
and refuse to consider anything outside the commercial banking software 
ecosystem. In the US, that means Intuit. 

Second, Gnucash allows rapid transaction input (by memorizing previous 
transactions and copying them in for you) that can speed data entry immensely. 
(Aside, I understand that recent updates of this feature have been a little 
controversial)

Third, downloaded data needs to be validated and confirmed by me, which takes 
time. 

As a consequence of all this, I have found that importing took more work than 
just biting the bullet and doing it by hand. 

For what it's worth, I'm tracking at least three checking accounts, three 
taxable investment accounts, six retirement accounts, four pension accounts, 
and two credit card accounts. 

And using Gnucash 4.12, because I'm slow to innovate. 

⁣David T.​

On Jan 9, 2024, 3:06 AM, at 3:06 AM, R Losey  wrote:
>We've just trained ourselves to enter the data manually. It IS possible
>to
>download into GC; I just haven't used it.
>
>You can create separate asset accounts -- we also have more than one
>checking account, and we just have them as separate accounts and enter
>the
>data separately.  You can name them whatever makes sense to you:
>"Barry's
>Business Checking", "Joint Checking", "Susan's Business Checking" --
>for
>example.
>
>If you mean in reports, all reports are configurable; most (if not all)
>of
>them allow you to choose the accounts on which to report.
>
>On Mon, Jan 8, 2024 at 11:33 AM barry milliken
>
>wrote:
>
>> Thanks for your answer.
>> When I said personal accounting I oversimplified.
>> My wife and I both have independent consulting businesses.
>> That means we have 3 bank accounts and six credit cards for a total
>of 9
>> "accounts" (transaction sources)
>> Managing downloads manually would be too cumbersome.
>> How does Gnucash allow me display my source accounts separately?
>> Thanks
>>
>>
>> Barry Milliken
>> --
>> *From:* R Losey 
>> *Sent:* Monday, January 8, 2024 11:17:58 AM
>> *To:* barry milliken 
>> *Cc:* gnucash-user@gnucash.org 
>> *Subject:* Re: [GNC] Moving from Quicken
>>
>> I, too, left Quicken about 8 years ago and changed to GnuCash. I had
>a
>> slight familiarity with double-entry accounting, and I've seldom had
>any
>> issues with GnuCash.
>>
>> I thought about importing Quicken data, but then decided against
>it... I
>> reasoned that if I really did need to reference something I had in
>Quicken,
>> I could open those files.  In fact, I think I opened Quicken two or
>three
>> times in the first couple of years, and haven't touched it since.
>It's just
>> something to think about.
>>
>> I had trouble getting the downloads from financial institutions to
>work,
>> so I do them manually and regularly reconcile. I don't really miss
>this
>> function, but it is possible.
>>
>> As you will have heard, GnuCash doesn't have "categories"; it has
>> "accounts". At the risk of offending a great multitude of GnuCash
>users,
>> from the practical point of view, GnuCash accounts are very much like
>> categories in Quicken. I know that they are not really the same
>thing, but
>> as a former Quicken user, they are.
>>
>> In my experience, the one thing I had trouble with in GnuCash were
>the
>> reports - most of them seem to need some kind of tweaking to get them
>to do
>> what is wanted. Here's another thing to think about: instead of
>assigning
>> accounts as "tax deductible", if you have an account whose
>transactions are
>> deductible (such as charitable giving, you can create a report for
>just
>> these accounts. You just need the discipline to only enter deductible
>items
>> in such accounts. I do know that there is a US tax setup feature, but
>I
>> haven't made  full use of that -- and the report using the accounts I
>want
>> to know about for tax reasons works well enough for my needs.
>>
>> RL
>>
>> On Sat, Jan 6, 2024 at 9:50 PM barry milliken
>
>> wrote:
>>
>> I've been frustrated using Quicken for years.  Maybe GNUcash will do
>what
>> I want.
>>
>> My list of functions is small:
>> I use Quicken for personal accounting, mainly to categorize
>transactions
>> for tax reporting.
>> Can GNUcash do these things:
>> - import data from a Quicken QDF file as a starting point.
>> - allow downloads of transactions from my bank accounts and credit
>cards.
>> - allow me to assign a category to each transaction.
>> - create categories (or import quicken categories) and assign each as
>tax
>> deductible or not.
>> - report and summarize tax deductible transaction at tax time.
>>
>> That's all I care about.
>>
>> Thanks
>>
>>
>> Barry Milliken
>>
>> ___
>> gnucash-user mailing list
>> gnucash-user@gnucash.org

Re: [GNC] Moving from Quicken

[R Losey]

We've just trained ourselves to enter the data manually. It IS possible to
download into GC; I just haven't used it.

You can create separate asset accounts -- we also have more than one
checking account, and we just have them as separate accounts and enter the
data separately.  You can name them whatever makes sense to you: "Barry's
Business Checking", "Joint Checking", "Susan's Business Checking" -- for
example.

If you mean in reports, all reports are configurable; most (if not all) of
them allow you to choose the accounts on which to report.

On Mon, Jan 8, 2024 at 11:33 AM barry milliken 
wrote:

> Thanks for your answer.
> When I said personal accounting I oversimplified.
> My wife and I both have independent consulting businesses.
> That means we have 3 bank accounts and six credit cards for a total of 9
> "accounts" (transaction sources)
> Managing downloads manually would be too cumbersome.
> How does Gnucash allow me display my source accounts separately?
> Thanks
>
>
> Barry Milliken
> --
> *From:* R Losey 
> *Sent:* Monday, January 8, 2024 11:17:58 AM
> *To:* barry milliken 
> *Cc:* gnucash-user@gnucash.org 
> *Subject:* Re: [GNC] Moving from Quicken
>
> I, too, left Quicken about 8 years ago and changed to GnuCash. I had a
> slight familiarity with double-entry accounting, and I've seldom had any
> issues with GnuCash.
>
> I thought about importing Quicken data, but then decided against it... I
> reasoned that if I really did need to reference something I had in Quicken,
> I could open those files.  In fact, I think I opened Quicken two or three
> times in the first couple of years, and haven't touched it since. It's just
> something to think about.
>
> I had trouble getting the downloads from financial institutions to work,
> so I do them manually and regularly reconcile. I don't really miss this
> function, but it is possible.
>
> As you will have heard, GnuCash doesn't have "categories"; it has
> "accounts". At the risk of offending a great multitude of GnuCash users,
> from the practical point of view, GnuCash accounts are very much like
> categories in Quicken. I know that they are not really the same thing, but
> as a former Quicken user, they are.
>
> In my experience, the one thing I had trouble with in GnuCash were the
> reports - most of them seem to need some kind of tweaking to get them to do
> what is wanted. Here's another thing to think about: instead of assigning
> accounts as "tax deductible", if you have an account whose transactions are
> deductible (such as charitable giving, you can create a report for just
> these accounts. You just need the discipline to only enter deductible items
> in such accounts. I do know that there is a US tax setup feature, but I
> haven't made  full use of that -- and the report using the accounts I want
> to know about for tax reasons works well enough for my needs.
>
> RL
>
> On Sat, Jan 6, 2024 at 9:50 PM barry milliken 
> wrote:
>
> I've been frustrated using Quicken for years.  Maybe GNUcash will do what
> I want.
>
> My list of functions is small:
> I use Quicken for personal accounting, mainly to categorize transactions
> for tax reporting.
> Can GNUcash do these things:
> - import data from a Quicken QDF file as a starting point.
> - allow downloads of transactions from my bank accounts and credit cards.
> - allow me to assign a category to each transaction.
> - create categories (or import quicken categories) and assign each as tax
> deductible or not.
> - report and summarize tax deductible transaction at tax time.
>
> That's all I care about.
>
> Thanks
>
>
> Barry Milliken
>
> ___
> 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.
>
>
>
> --
> _
> Richard Losey
> rlo...@gmail.com
> Micah 6:8
>


-- 
_
Richard Losey
rlo...@gmail.com
Micah 6:8
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Re: [GNC] posting of Switching of Mutual Fund

[Paras Desai]

Hello Michael,

Thanks for your time to reply my queries

However, I think I have confused you with my question or term used in it.

The term  of "Equity Fund" was meant to signify the name of  Mutual Fund that 
invest in all stock (Equity of the companies, that is the term used here in 
India for such types of fund as in like Debt Fund, Liquid Fund, Multi Assets 
Fund etc)

I did not mean to Debit Equity as it is a standard of the  accounting parlance.

Thanks

With regards
Paras

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[GNC] GNUCash Finance Quote Error with YahooWeb

[Fross, Michael]

Hello.  A few days ago I started to get the attached error when I attempted
to download quotes with GNUCash with YahooWeb as a source.

Running direct from the command line seems to work fine:

"C:\Program Files (x86)\gnucash\bin\gnucash-cli.exe" --verbose -Q dump
YahooWeb AAPL
aapl:
high => 185.59
 low => 181.50
 success => 1
date => 01/08/2024
name => Apple Inc.
  method => yahooweb
last => 185.56
currency => USD
 isodate => 2024-01-08
  symbol => aapl
open => 181.99
  volume => 58101744
exchange => NasdaqGS - NasdaqGS Real Time Price

I'm using the latest gnucash version (v5.5), running on Windows 11Pro, and
have F:Q 1.59 installed, and I'm using YahooWeb as the source.

I have not heard anything about this on the list, so there is a good chance
it's me.  I have changed to other sources, and MarketWatch worked for most
of my symbols, but not all.  AlphaVantage also worked until it hit its
limit.  Seems like something with YahooWeb specifically.  I'd like to keep
using it as it seems fast and all of my symbols work with it.

Happy to help figure this out.  I'll take a look at the YahooWeb.pm file
tomorrow and see what I can find.

Michael
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Re: [GNC] Help

[David Cousens]

Max,

The backup files and log files give you some protection in the event of a 
system or GnuCash crash. The backup files are
a copy of the data file at its state before the last time it was opened before 
a crash. The log files record the
transactions which had been entered in GnuCash up to the point the crash 
actually occurred. You can open the last backup
if the datafile is corrupted during a crash and then import the log files to 
recover the transactions you had entered in
the last seesion in which the crsh occurred. The last entry in the log file can 
also give you informationabout why a
crash occurred if it was a GnuCash crash and not a system crash.

It is generally useful to retain them. BY default the retention period is 
usually 30 days but you can set it to any
period that works for your workflow. Backup and log files older than the 
retention period form today's date are deleted
when GnuCash is started up so the files will not build up to occupy too much of 
your hard disk space.

It is wise to also have a periodic backup to another system and/or offsite 
storgae to optimize your chances of recovery
in the vent of a hard disk failure.


David Cousens

On Mon, 2024-01-08 at 13:18 -0800, Max Crystal wrote:
> 
> 
>  
> 
>  
> 
>  
> 
> David,
> 
> As you can see, I checked never for backup log to never.  Am I doing 
> something wrong?  It is still posting to my hard
> drive files every time.  I Have version 5.5
> 
>  
> 
>  
> 
>  
> 
>  
> 
> From: David T.  
> Sent: Monday, January 8, 2024 12:55 PM
> To: Max Crystal 
> Cc: gnucash-user@gnucash.org
> Subject: Re: [GNC] Help
> 
>  
> 
> That's handled in settings. You can disable by setting the log file retention 
> to 0.
> 
> David T.
> 
> On Jan 8, 2024, at 9:05 PM, Max Crystal   > wrote:
> 
> Every time I open and close the register it creates a notepad log entry on
> my hard drive.  Can I disable this so I will not have multiple entries every
> day.
> 
> Max
> 
> 
> 
> ___
> gnucash-user mailing list
> gnucash-user@gnucash.org
> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
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Re: [GNC] Help

[David Carlson]

Max,

Those log files are usually very small and they get deleted at the same
time as the automatic backup files.  I have GnuCash configured to keep them
for several days and I find them very handy when GnuCash crashes to
re-enter whatever I had entered after my last manual file save, which is
not very much since I save every few minutes.  I use compressed XML
format.  If you use one of the database formats, it may work differently,
but I have no experience with that to share.

If you are saving your GnuCash data file(s) in dedicated folder(s) in your
userland as recommended, they aren't cluttering up your hard drive to speak
of.

On Mon, Jan 8, 2024 at 3:40 PM David T. via gnucash-user <
gnucash-user@gnucash.org> wrote:

> I don't really know. I don't pay any attention to the log files. They're
> there if I ever need them, and seem to disappear after a reasonable time.
>
> ⁣David T.​
>
> On Jan 8, 2024, 10:18 PM, at 10:18 PM, Max Crystal <
> maxie...@roadrunner.com> wrote:
> >
> >
> >
> >
> >
> >
> >
> >
> >David,
> >
> >As you can see, I checked never for backup log to never.  Am I doing
> >something wrong?  It is still posting to my hard drive files every
> >time.  I Have version 5.5
> >
> >
> >
> >
> >
> >
> >
> >
> >
> >From: David T. 
> >Sent: Monday, January 8, 2024 12:55 PM
> >To: Max Crystal 
> >Cc: gnucash-user@gnucash.org
> >Subject: Re: [GNC] Help
> >
> >
> >
> >That's handled in settings. You can disable by setting the log file
> >retention to 0.
> >
> >David T.
> >
> >On Jan 8, 2024, at 9:05 PM, Max Crystal  > > wrote:
> >
> >Every time I open and close the register it creates a notepad log entry
> >on
> >my hard drive.  Can I disable this so I will not have multiple entries
> >every
> >day.
> >
> >Max
> >
> >
> >
> >--
> >This email has been checked for viruses by Avast antivirus software.
> >www.avast.com
> ___
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-- 
David Carlson
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Re: [GNC] Help

[David T. via gnucash-user]

I don't really know. I don't pay any attention to the log files. They're there 
if I ever need them, and seem to disappear after a reasonable time. 

⁣David T.​

On Jan 8, 2024, 10:18 PM, at 10:18 PM, Max Crystal  
wrote:
>
>
>
>
>
>
>
>
>David,
>
>As you can see, I checked never for backup log to never.  Am I doing
>something wrong?  It is still posting to my hard drive files every
>time.  I Have version 5.5
>
>
>
>
>
>
>
>
>
>From: David T. 
>Sent: Monday, January 8, 2024 12:55 PM
>To: Max Crystal 
>Cc: gnucash-user@gnucash.org
>Subject: Re: [GNC] Help
>
>
>
>That's handled in settings. You can disable by setting the log file
>retention to 0.
>
>David T.
>
>On Jan 8, 2024, at 9:05 PM, Max Crystal  > wrote:
>
>Every time I open and close the register it creates a notepad log entry
>on
>my hard drive.  Can I disable this so I will not have multiple entries
>every
>day.
>
>Max
>
>
>
>--
>This email has been checked for viruses by Avast antivirus software.
>www.avast.com
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Re: [GNC] Help

[Max Crystal]

David,

As you can see, I checked never for backup log to never.  Am I doing something 
wrong?  It is still posting to my hard drive files every time.  I Have version 
5.5









From: David T. 
Sent: Monday, January 8, 2024 12:55 PM
To: Max Crystal 
Cc: gnucash-user@gnucash.org
Subject: Re: [GNC] Help



That's handled in settings. You can disable by setting the log file retention 
to 0.

David T.

On Jan 8, 2024, at 9:05 PM, Max Crystal mailto:maxie...@roadrunner.com> > wrote:

Every time I open and close the register it creates a notepad log entry on
my hard drive.  Can I disable this so I will not have multiple entries every
day.

Max



--
This email has been checked for viruses by Avast antivirus software.
www.avast.com___
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Re: [GNC] Help

[David T. via gnucash-user]

That's handled in settings. You can disable by setting the log file retention 
to 0.

⁣David T.​

On Jan 8, 2024, 9:05 PM, at 9:05 PM, Max Crystal  
wrote:
>Every time I open and close the register it creates a notepad log entry
>on
>my hard drive.  Can I disable this so I will not have multiple entries
>every
>day.
>
>Max
>
>
>-- 
>This email has been checked for viruses by Avast antivirus software.
>www.avast.com
>___
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[GNC] Help

[Max Crystal]

Every time I open and close the register it creates a notepad log entry on
my hard drive.  Can I disable this so I will not have multiple entries every
day.

Max


-- 
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Re: [GNC] Moving from Quicken

[sunfish62--- via gnucash-user]

For the record, the US tax features in GnuCash function by assigning accounts 
to specific tax lines, much like your approach. 

It's helpful insofar as it guides your accounting decisions (what types of 
entries I need to track for tax purposes, etc.), but it doesn't make your 
decisions for you. Once setup, it's very easy to use. 

⁣David T.​

On Jan 8, 2024, 7:19 PM, at 7:19 PM, R Losey  wrote:
>I, too, left Quicken about 8 years ago and changed to GnuCash. I had a
>slight familiarity with double-entry accounting, and I've seldom had
>any
>issues with GnuCash.
>
>I thought about importing Quicken data, but then decided against it...
>I
>reasoned that if I really did need to reference something I had in
>Quicken,
>I could open those files.  In fact, I think I opened Quicken two or
>three
>times in the first couple of years, and haven't touched it since. It's
>just
>something to think about.
>
>I had trouble getting the downloads from financial institutions to
>work, so
>I do them manually and regularly reconcile. I don't really miss this
>function, but it is possible.
>
>As you will have heard, GnuCash doesn't have "categories"; it has
>"accounts". At the risk of offending a great multitude of GnuCash
>users,
>from the practical point of view, GnuCash accounts are very much like
>categories in Quicken. I know that they are not really the same thing,
>but
>as a former Quicken user, they are.
>
>In my experience, the one thing I had trouble with in GnuCash were the
>reports - most of them seem to need some kind of tweaking to get them
>to do
>what is wanted. Here's another thing to think about: instead of
>assigning
>accounts as "tax deductible", if you have an account whose transactions
>are
>deductible (such as charitable giving, you can create a report for just
>these accounts. You just need the discipline to only enter deductible
>items
>in such accounts. I do know that there is a US tax setup feature, but I
>haven't made  full use of that -- and the report using the accounts I
>want
>to know about for tax reasons works well enough for my needs.
>
>RL
>
>On Sat, Jan 6, 2024 at 9:50 PM barry milliken
>
>wrote:
>
>> I've been frustrated using Quicken for years.  Maybe GNUcash will do
>what
>> I want.
>>
>> My list of functions is small:
>> I use Quicken for personal accounting, mainly to categorize
>transactions
>> for tax reporting.
>> Can GNUcash do these things:
>> - import data from a Quicken QDF file as a starting point.
>> - allow downloads of transactions from my bank accounts and credit
>cards.
>> - allow me to assign a category to each transaction.
>> - create categories (or import quicken categories) and assign each as
>tax
>> deductible or not.
>> - report and summarize tax deductible transaction at tax time.
>>
>> That's all I care about.
>>
>> Thanks
>>
>>
>> Barry Milliken
>>
>> ___
>> 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.
>>
>
>
>-- 
>_
>Richard Losey
>rlo...@gmail.com
>Micah 6:8
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Re: [GNC] Moving from Quicken

[Kalpesh Patel]

Old but still good source of information: 
https://www.bogleheads.org/forum/viewtopic.php?t=234157

If the file has many years of data then suggestion is to start the account with 
the most amount of transaction to least and start with Bank/CC/Loans types of 
accounts first before going to Investment type of accounts. I recall providing 
good details on my experience of migrating from Quicken 2017 to GNC back in 
2020s so might be worth searching the archive for it. 

For certain things I still fire up Quicken and I did have to learn double-entry 
method as I was not familiar with. Just one quick thing to keep in mind: 
Quicken categories become GNC accounts as mentioned by R Losey. I initially 
exported the account tree in Quicken and imported into GNC as the first thing 
using QIF format which prevented a lot of annoying pop-up asking if you want to 
do this or that in GNC. It took few iteration to get it right before settling 
on the final time. Experimenting and making backup copies in GNC is key to 
fail-fast and recover quick when things do not go the way you expect. Also be 
prepared to potentially looks and review through QIF file in a text editor as 
there are times when GNC expects precise info while exported QIF file may not 
have it or may have it wrong.

-Original Message-
From: R Losey  
Sent: Monday, January 08, 2024 11:18 AM
To: barry milliken 
Cc: gnucash-user@gnucash.org
Subject: Re: [GNC] Moving from Quicken

I, too, left Quicken about 8 years ago and changed to GnuCash. I had a slight 
familiarity with double-entry accounting, and I've seldom had any issues with 
GnuCash.

I thought about importing Quicken data, but then decided against it... I 
reasoned that if I really did need to reference something I had in Quicken, I 
could open those files.  In fact, I think I opened Quicken two or three times 
in the first couple of years, and haven't touched it since. It's just something 
to think about.

I had trouble getting the downloads from financial institutions to work, so I 
do them manually and regularly reconcile. I don't really miss this function, 
but it is possible.

As you will have heard, GnuCash doesn't have "categories"; it has "accounts". 
At the risk of offending a great multitude of GnuCash users, from the practical 
point of view, GnuCash accounts are very much like categories in Quicken. I 
know that they are not really the same thing, but as a former Quicken user, 
they are.

In my experience, the one thing I had trouble with in GnuCash were the reports 
- most of them seem to need some kind of tweaking to get them to do what is 
wanted. Here's another thing to think about: instead of assigning accounts as 
"tax deductible", if you have an account whose transactions are deductible 
(such as charitable giving, you can create a report for just these accounts. 
You just need the discipline to only enter deductible items in such accounts. I 
do know that there is a US tax setup feature, but I haven't made  full use of 
that -- and the report using the accounts I want to know about for tax reasons 
works well enough for my needs.

RL

On Sat, Jan 6, 2024 at 9:50 PM barry milliken 
wrote:

> I've been frustrated using Quicken for years.  Maybe GNUcash will do 
> what I want.
>
> My list of functions is small:
> I use Quicken for personal accounting, mainly to categorize 
> transactions for tax reporting.
> Can GNUcash do these things:
> - import data from a Quicken QDF file as a starting point.
> - allow downloads of transactions from my bank accounts and credit cards.
> - allow me to assign a category to each transaction.
> - create categories (or import quicken categories) and assign each as 
> tax deductible or not.
> - report and summarize tax deductible transaction at tax time.
>
> That's all I care about.
>
> Thanks
>
>
> Barry Milliken
>
> ___
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> gnucash-user@gnucash.org
> To update your subscription preferences or to unsubscribe:
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--
_
Richard Losey
rlo...@gmail.com
Micah 6:8


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Re: [GNC] Moving from Quicken

[R Losey]

I, too, left Quicken about 8 years ago and changed to GnuCash. I had a
slight familiarity with double-entry accounting, and I've seldom had any
issues with GnuCash.

I thought about importing Quicken data, but then decided against it... I
reasoned that if I really did need to reference something I had in Quicken,
I could open those files.  In fact, I think I opened Quicken two or three
times in the first couple of years, and haven't touched it since. It's just
something to think about.

I had trouble getting the downloads from financial institutions to work, so
I do them manually and regularly reconcile. I don't really miss this
function, but it is possible.

As you will have heard, GnuCash doesn't have "categories"; it has
"accounts". At the risk of offending a great multitude of GnuCash users,
from the practical point of view, GnuCash accounts are very much like
categories in Quicken. I know that they are not really the same thing, but
as a former Quicken user, they are.

In my experience, the one thing I had trouble with in GnuCash were the
reports - most of them seem to need some kind of tweaking to get them to do
what is wanted. Here's another thing to think about: instead of assigning
accounts as "tax deductible", if you have an account whose transactions are
deductible (such as charitable giving, you can create a report for just
these accounts. You just need the discipline to only enter deductible items
in such accounts. I do know that there is a US tax setup feature, but I
haven't made  full use of that -- and the report using the accounts I want
to know about for tax reasons works well enough for my needs.

RL

On Sat, Jan 6, 2024 at 9:50 PM barry milliken 
wrote:

> I've been frustrated using Quicken for years.  Maybe GNUcash will do what
> I want.
>
> My list of functions is small:
> I use Quicken for personal accounting, mainly to categorize transactions
> for tax reporting.
> Can GNUcash do these things:
> - import data from a Quicken QDF file as a starting point.
> - allow downloads of transactions from my bank accounts and credit cards.
> - allow me to assign a category to each transaction.
> - create categories (or import quicken categories) and assign each as tax
> deductible or not.
> - report and summarize tax deductible transaction at tax time.
>
> That's all I care about.
>
> Thanks
>
>
> Barry Milliken
>
> ___
> 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.
>


-- 
_
Richard Losey
rlo...@gmail.com
Micah 6:8
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Re: [GNC] posting of Switching of Mutual Fund

[Michael or Penny Novack]

How to do it using gnucash is not your problem. How to do it even were 
you using pen and ink on paper is your problem. In other words, you 
don't know the account to debit in order for the transaction to be in 
balance.


Hint: Accounts of type income and expense are both temporary accounts of 
fundamental type equity. So if you credit an income account and debit 
equity by the same amount you have NOT really changed your total equity. 
If you closed the books, that income amount would have ended back up in 
equity, just as the Balance Sheet report includes the net of unclosed 
income and expense accounts as unrealized gain or loss (the amount that 
WOULD be transferred to equity were the books  closed).


Michael D Novack

PS -- Then tutorial is intended as a very basic guide just to get you 
started. If you are needing to record transactions involving more 
complex situations then bite the bullet and work your way through a 
typical "Accounting 101" text (ideally, one for accounting under the 
rules of YOUR jurisdiction




I am just wondering, how this transaction can be effected in GNUCASH. 
I tried to search for wiki and some old communication on this subject 
but could not get the clear idea. Hence, thought of seeking help here.


Will very much appreciate any help

With my best regards


Paras 




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[GNC] posting of Switching of Mutual Fund

[Paras Desai]

Hello Sirs,

I have an investment in a liquid Mutual fund and I every week 
systematically transfer some amount to an Equity Fund (which is STP)


While doing so, there is an effect of Capital gain or Loss and the money 
does not come to any account, but the fund gets transferred to another 
fund automatically


The Transaction is like below

A. Liquid Fund : SWITCH OUT  (PRACTICALLY SALE)

 Units 773.14, Purchase Cost : 9696.630, Sales realization is : 
1, Short term Capital Gain is 303.370


B. Equity Fund: SWITCH IN (PURCHASE)

    Units : 75.684, Value: 10,000

Here, Money does not come to my bank or security account

Normal Posting could be

Cr Liquid Fund : 9696.630

Cr Short Term Capital Gain : 303.370

Dr Equity Fund, 1

I am just wondering, how this transaction can be effected in GNUCASH. I 
tried to search for wiki and some old communication on this subject but 
could not get the clear idea. Hence, thought of seeking help here.


Will very much appreciate any help

With my best regards


Paras

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