If you need, you can split the expenditure between the Asset (affecting the basis) and the Expense accounts.
The purpose of accounting is INFORMATION. That is what my "PS" was all about. Thinking that you have to split the expenditure is an illusion. You might want/need all of part of that expenditure considered BOTH as a (current) expense and as an increase in basis (for future capital gains calculation).This is unlike the situation for a business, as personal home expenses are not expenses in the tax sense. So "double counting" is not an issue.
This is not unlike the situation for a non-profit paying an expense that meets the qualifications of one of the restricted funds. You transaction(s) have to BOTH record the expenditure and expense AND release that amount from restriction. Exactly what that latter part looks like depends on how the restricted funds are accounted for.
Michael D Novack _______________________________________________ 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.
