On 6/19/19 11:05 AM, Larry Evans wrote: > On 6/19/19 10:28 AM, Michael Hendry wrote: >>> On 19 Jun 2019, at 13:02, Larry Evans <cppljev...@suddenlink.net> wrote: >>> >>> You're not the first to request that feature: >>> >>> https://lists.gnucash.org/pipermail/gnucash-user/2015-August/061582.html >>> >>> I'd also like such a feature. As things are now, I create 2 subaccounts >>> for a bank account, one subaccount called pending, the other called >>> done. The pending is for checks written, the done is for checks >>> cleared. When a check clears, I transfer from pending to done; hence, >>> when all checks clear, the pending has 0.0 balance. >>> >>> This requires double entries, but it's easier for me to follow. >> >> Hi, Larry. >> >> Can you explain why working this way is useful to you? >> >> The way I see it, when I write a cheque (rare these days) or make a payment >> using a credit card, I am committed to that expenditure, and the balance in >> my bank or credit card account as shown in Gnucash takes that into >> consideration. >> >> Even if several weeks have gone by and the cheque hasn’t been cleared, I >> can’t write a further cheque that would take me into the red because the >> cheque could be cleared tomorrow and make my account overdrawn. >> >> I assume you’re using the reconciliation feature to ensure that Gnucash and >> your bank are in step with one another, so the pending transaction will >> stand out. >> >> Michael >> > > The done account will more directly reflects what appears on my bank > statement. That makes it easier for me to see what's been cleared and > what has not. Since the total on the parent account (the parent to both > the done and pending subaccounts) will tell me if I'd be overdrawn, > I've all the information I need at the cost of entering the essentially > the same information twice for the same check (1 for pending, the 2nd for > done). I find that worthwhile, but of course YMMV > > -regards, > Larry > >
I should also say that this is more intuitive, at least to me. The pending account is sort of like a pipeline where the check written goes in at the source of the pending pipeline and, after a delay (the float) travelling thru the pipeline, exits the pipeline into the the destination "storage tank" (the done account). -Larry _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
