I handle "Restricted" assets as Equity accounts. Typically the "Board" designates the various classes of temporarily restricted, permanently restricted, and unrestricted assets. The changes in equity are at the order of the Board.
For example the Board might designate funds restricted to some purpose perhaps due to some covenant with a donor. The organization would spend some money (from an asset account) towards that purpose. That gets recorded as an expense. The Board may then come to a decision that part or all of that expense goes against the restricted equity account. At that point the Treasurer would record a change in equity. A common mistake is for the Board to specify some restricted equity then neglect to order the Treasurer to change the equity as the organization spends towards the restricted purpose. Ciao, //Z\\ _______________________________________________ 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.
