sorry,

for the 2nd case the following is the right query

select date, narration, cost(position) where account ~ 
'Equity:Inverstments-and-drawings' and number <0 


On Thursday, March 2, 2023 at 2:14:28 PM UTC+1 Chary Chary wrote:

> I am not an accountant, but is my understanding, that everything which 
> comes to business from owner or gets withdraw goes through equity
>
> Something like this:
>
> 2000-01-01 open Equity:Initial-inverstments
> 2000-01-01 open Equity:Drawings
>
>
> 2000-02-01 * "Initial investment in business"
>     Equity:Initial-inverstments  -10000.00 USD
>     Assets:Bank:Checking          10000.00 USD
>
> 2000-03-01 * "Withdrawing from business"
>     Equity:Drawings             5000.00 USD
>     Assets:Bank:Checking        -5000.00 USD
>
>
> Or may be even simpler, 
>
> 2000-01-01 open Equity:Inverstments-and-drawings
>
> 2000-02-01 * "Initial investment in business"
>     Equity:Inverstments-and-drawings  -10000.00 USD
>     Assets:Bank:Checking                10000.00 USD
>
> 2000-03-01 * "Withdrawing from business"
>     Equity:Inverstments-and-drawings     5000.00 USD
>     Assets:Bank:Checking                -5000.00 USD
>
>
> And then you can distinguish investments from drawings by their sign
>
> E.g.: for investments:
>
> select date, narration, cost(position) as value
> where account ~ ''Equity:Inverstments-and-drawings' and value <=0
>
> something like this
>
> On Thursday, March 2, 2023 at 12:54:22 PM UTC+1 and...@anderslindstrom.com 
> wrote:
>
>> I’ve only just started using beancount and I really like it.
>>
>> I have a question about how to model equity withdrawals. That is, if I 
>> run a business then, on occasion, I withdraw equity from the business. The 
>> terminology used here depends on the business type: “drawings”, (
>> https://www.accountingcapital.com/basic-accounting/drawings/), “partner 
>> drawings” and “dividends” are used depending on the context.
>>
>> It seems that beancount doesn’t explicitly have this concept. It has 
>> account types Assets, Liabilities, Income, Expenses and Equity but not 
>> Drawings.
>>
>> I understand why this is so. It looks to me like beancount is targeted at 
>> personal finance where drawings aren’t really relevant.
>>
>> For my purposes, I have tried using Expense:Drawings as a workaround and 
>> it seems to do what I need for now. However, in accounting, drawings are 
>> considered to be their own top-level type (
>>
>> https://www.accountingtools.com/articles/are-dividends-considered-an-expense.html).
>>  
>> I see that someone else has used Equity:Drawings instead (
>> https://groups.google.com/g/beancount/c/ItnftyBIJzs/m/-q646QBjBQAJ).
>>
>> So my question is whether anyone else has had a need to deal with 
>> drawings and what pros and cons are associated with their approach.
>>
>> Anders.
>>
>>
>>

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