Thank you all for helpful responses so far. It is too bad that accrual vs
cash invoice accounting is not a setting. At any rate I usually only have
a handful of outstanding invoices at a time.I propose the following:
1) At end of year, figure out the total dollar amount of unpaid
Before you get tempted to pay for a stop-payment order (just to be sure…),
check the terms and conditions written in your bank agreement. Many banks don’t
promise to actually not pay the check. There are often weasel words about “best
effort” etc. It happened to my sister. She paid for a
Best wishes -- I'm still waiting for a check from 2018 to clear. I checked
with my bank (I thought a check would not be valid after a certain time),
and they said they'd honor it if it showed up today. I don't want to spend
the money to issue a stop-check order.
On Sat, Mar 2, 2024 at 11:35 AM
As I wrote, the hack won't mean much to people using calendar year tax
reports. The accounting year absolutely allows reports to be run for a
fiscal year, but it's like driving down the road without being able to look
at the traffic around you so little chance to correct errors.
Comparative
You don't need long text lines to allocate splits to rental properties.
Have a look at Custom GnuCash 5.x Transaction Report with Tags -
https://lists.gnucash.org/pipermail/gnucash-user/2023-May/107048.html
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You could employ custom 'tags' for each property either in the Notes,
Action, Num, Memo, or Description fields, whatever works best for you.
Then when you run a Transaction Report, you can filter the results that
match your tag.
The only downside to this method, at this time, over setting up
Your example doesn't really need the business features. You can do that
with a single transaction too, and that isn't 'kludging' the memo fields
at all. That is what they are intended to be used for—info relating to
just that particular split. ('Notes' would be info relating to the
transaction
I use GNUCash for tracking rental properties as well. You can create as
many expense accounts to track to whatever level of detail is needed.
For example, I have my structure set up as:
Expenses:
Overall R
-Property 1 R
--Property 1 HVAC
--Property1 General
--Property 1 Electrical
--etc
I greatly appreciate your suggestions.
I don't think I framed the problem completely. I have several rental properties
and before I migrated to GNU cash I was using Quicken to generate “itemized
spending” reports from which I could fill out schedule E for each property.
When I tried to do
On 3/4/2024 10:43 AM, Alan Johnson via gnucash-user wrote:
You don't have to have 'a business' to use the business features. You
would need to set up an AP and AR account to post the invoices to. To
me, the vendor bill - payment system is the proper way to store the
data, rather than kludging
When the income statement is first run, it is including the hidden
account. (but is not supposed to) Toggling the radio button is
apparently 'fixing' this to work as intended.
Therefore since the initial behavior is not as designed, I'd call it a bug.
I just tested this on a Mac and it is
Combined with the other suggestions of an outside log file, using vendor
bills, or using the Notes field, consider this:
If you are advised of work as it occurs, record transactions between the
expense accounts and a liability account named something like "Work
Payable". Put your detail in
I think you are right, the notes field also is limited to one line tall in
the register view.
On Sun, Mar 3, 2024 at 11:05 PM Adrien Monteleone <
adrien.montele...@lusfiber.net> wrote:
> That log file can also be attached to the transaction in GnuCash.
>
> Also, explore using View > Double Line
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