Jon Lapham <[EMAIL PROTECTED]> writes:In section "7.1.2 Types of Investments", I want to make a list of the general kinds of investments. I have 3:
1) "Interest-bearing ACCOUNT" (account is all caps b/c I don't like that word... a CD is not an account)
I'm not convinced these are really investments, per se. A Checking Account or Savings Account is just a "Bank" Type.. I wouldn't consider it an investment. Nor would I consider a CD to be an investment.
Hmmm, well, this is the chapter on handling "Investments" in GnuCash (chapter 7). So, I guess the first point is to define what an investment is.
So, your definition of an investment is something for which you could receive cap gains? ie: something for which the resale value of the asset could potentially rise?
I do not necessarily agree with that, but I'm okay with this definition, but I just want to be explicit.
2) "Publically traded company common stock": is there another name for this which would include mutual funds?
Ok, THESE are investments. Note that there are lots of different types of investments. There are pure stocks, then there are lots of mutual funds. I cannot think of a term that matches except "stocks and mutual funds".
Okay, changed to "stocks and mutual funds".
3) "Assets that increase in value" ugh, terrible title. I mean stuff like houses. Is there a better title for this?
"Fixed Assets"
Nice, changed.
are there any others? The idea of these groups of investment types is to try to organize the investments in terms of how GnuCash deals with them.
I guess I still don't understand what you're trying to accomplish. GnuCash has the following (asset) account types:
Cash Bank Asset Stock Mutual A/Receivable
Sure, and the difference between all these are nicely explained in the chapter 3 (section 2) "GnuCash Accounts".
I'm trying to start the chapter "investments" off with a list of what gnucash considers investments. Seems a logic enough thing to do to me. :)
Why make these investment groupings? Because later in this chapter we'll explain how to deal with each in GnuCash. For example, we handle Stocks and Mutual funds differently from Fixed Assets.
So, map what you've got to the above set. Cash is obvious. Bank is, well, bank accounts: Checking, Savings, simple interest accounts, etc. Assets are fixed assets, generally. Stock and Mutual are pretty much the same -- I'm not even sure why there are two different account types, but basically those are for "investment" items where you keep track of a number of shares of something. Finally, A/Receivable is a business asset.
yup.
-- -**-*-*---*-*---*-*---*-----*-*-----*---*-*---*-----*-----*-*-----*--- Jon Lapham <[EMAIL PROTECTED]> Rio de Janeiro, Brasil Work: Extracta Mol�culas Naturais SA http://www.extracta.com.br/ Web: http://www.jandr.org/ ***-*--*----*-------*------------*--------------------*---------------
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