Marilyn, Part of your problem, I think, is based on a misunderstanding of terminology. You keep referring to these virtual amounts as "Equity" when really they are *Assets*. In the gnucash world, these funds should be placed as Assets accounts. That you have set them aside in your mind as "not-assets" doesn't change this fact.
As for the fact that some of your virtual money is "in" one account, and more is "in" another, well, it's all virtual anyway. The reason for placing these virtual accounts as sub accounts of one real account is to make reconciliation of the real account easier, through the option to reconcile sub accounts in the reconcile process. Maintaining the virtual cash in multiple real accounts will defeat this, however. The only option I see, should you really insist on your approach, would involve some convolution wherein you "transfer" amounts from the respective real accounts manually (using a standard naming scheme perhaps) into the separate virtual asset account created for this. This would allow you to track the "balance" in your virtual account despite holding the funds in multiple real accounts. However, reconciling the real accounts would require you to remember to omit all of these virtual transfers. And then you'd have to work out how you wanted to reconcile the virtual transfers, so that your real reconciliations would continue to make sense. Best, David T. -------- Original Message -------- From: Marilyn Graves Kimple via gnucash-user <gnucash-user@gnucash.org> Sent: Fri Aug 07 07:11:50 EDT 2020 To: Adrien Monteleone <adrien.montele...@lusfiber.net> Cc: GnuCash Users Group <gnucash-user@gnucash.org> Subject: Re: [GNC] help to set up equity sub-accounts opening balances >I wasn't quite clear if this is 'virtual' earmarking of funds or >real-world separate accounts. (like a savings account, or as with some >checking accounts, a special designation amount) >If this is just for your informational purposes to see how much you've >set aside, (but the money doesn't *yet* leave the physical checking >account) then create a sub-account of checking and do a transfer between >the parent and sub. I thank you all for your suggestions, and this sounds like the simplest. These are indeed "virtual" accounts; the only problem is that they include funds from both my checking & savings "real-world" accounts. Maybe I could set them all up under savings and show a 'virtual deficit' which would represent funds that are actually in checking? I tried making sub-accounts under the Equity>Opening Balance and entering initial amounts for my virtual accounts backwards so they would show up as negatives (part of the opening balance), but of course I could not write a check and credit the amount to both checking (asset) and a virtual account, so that did not work. I miss my old (ancient) program, where I could set up equity accounts as "funds", allowing me to post to them as I would income or expense accounts. How do others use Equity sub-accounts? Do they have to correspond to a "real-world" account? Thanks-- mgk _______________________________________________ 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. _______________________________________________ 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.
