Re: [GNC] Simple Update Question

[Peter West]

Hi Sharon,

I’m CC this to the list, as I cannot answer it.

Peter
—
Peter West
p...@ehealth.id.au
But immediately Jesus spoke to them, saying, “Take heart; it is I. Do not be 
afraid.”

> On 2 Aug 2021, at 3:09 pm, sc  wrote:
> 
> Many thanks to Peter and Alan and Geoff for your responses to my question.  
> So I am now persuaded that it would be wise to upgrade my GnuCash 3.8.
> 
> I am using Windows 7 Home Premium on my Toshiba laptop computer. On the 
> GnuCash website, it says Version 4.6 is for Windows 8/10.  Uh oh, I wonder if 
> this means my Windows 7 is too old.
> For Windows 7 it says Version 3.11.  Maybe I'm not all that outdated after 
> all.
> 
> Am I right in thinking Version 3.11 is the best this computer can handle? 
> 
> Again, thank you for responding.   Sharon
> 
> On 7/28/2021 2:27 AM, Peter West wrote:
>> Hi Sharon,
>> 
>> Open source software is different from commercial software in that there is 
>> no contract, implied or otherwise, to support your use of one particular 
>> version of the software. Even with commercial software, there are limits to 
>> support, as you would have found if you you were running, say Microsoft XP, 
>> as your operating system. If commercial companies cannot maintain support 
>> for older versions beyond a few years, so much the less can open source.
>> 
>> 3.8 will continue to do what 3.8 does. But if you attempt something new at 
>> some time in the future, and run into a problem, when you report it you are 
>> likely to be told that the problem was fixed in 4.x (or 5.x) and you should 
>> upgrade. The longer you leave it, the more likely you are to have upgrade 
>> problems. If your problem has not been seen before, and if it is found to 
>> exist in the latest version, it is not going to be fixed in 3.8, and you 
>> will have to live with it.
>> 
>> All in all, it’s a good idea to keep up to date with updates. If you are 
>> receiving notices of updates, just keep an eye on the list for the following 
>> 3 or 4 weeks. Problems with the update process and with normal usage will 
>> surface in that time frame. After a month or so without reported problems, 
>> you can be confident of the update.
>> 
>> Peter
>> —
>> Peter West
>> p...@ehealth.id.au 
>> “Then the righteous will shine like the sun in the kingdom of their Father.”
>> 
>>> On 28 Jul 2021, at 1:23 am, sc >> > wrote:
>>> 
>>> Hello.
>>> 
>>> I successfully transferred from Quicken to GnuCash years ago, with no 
>>> troubles.  I'm a home user, nothing complex.
>>> 
>>> Is there any reason I should upgrade from Version 3.8?  Are the changes 
>>> mostly for business folks or are there changes that a home user would enjoy?
>>> 
>>> Sharon
>>> 
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>> 
> 

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Re: [GNC] Recording non-cash donations

[Rich Shepard]

On Mon, 2 Aug 2021, Stan Brown wrote:


If you're donating items that have no value on your books, I'm not sure I
would call that a "donation" in accounting terms. You could keep a record
by entering a transaction that would have only one split, with Account =
your charity account and Debit and Credit both = 0.


Stan,

Non-cash donations are tax deductible; for example, milage and fuel while
delivering Meals on Wheels to shut-ins, books to the county library, and
items given to Goodwill. For those of us who are sole members of an LLC the
company's net profits roll over to our personal accounts so both business
and personal donations (cash and non-cash) are reported on my personal tax
reports.

For years I've sent my accountant the proof of non-cash donations separate
from the business and personal financial reports for tax preparation. I've
decided now to record these in my personal books so they show up in the
year's balance sheet and income statement.


If the item does have significant value but for some reason you never
entered them in your books, you would create one or more asset accounts
for them. Then you'd make two transactions for each item:
(1) Debit: asset account
   Credit: Equity (I think this is a case for making a direct credit to
the main equity account, essentially a correcting item, because the item
is not new income but something that you've had all along but just not
in your books.)
(2) Debit: Expenses:Charity
   Credit: asset account


I'll look closely at this. It makes sense and allows me to think about it
until I see something from my accountant.

Thanks for the idea,

Rich
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Re: [GNC] Transactions for multiple accounts in 1 ofx file?

[David Reiser via gnucash-user]

There was a change in libofx 10.something that changed the way it interpreted 
cash transactions. I think they overdid it by taking the philosophy that any 
non-interest, non-dividend cash transaction should not be an investment 
transaction. In my case, that means that investment management fees are now 
skipped by the gnucash importer (I think) because libofx presents them 
differently to gnucash than it did before. 
--
Dave Reiser
dbrei...@icloud.com





> On Aug 2, 2021, at 11:56 AM, Kalpesh Patel  wrote:
> 
> There seems to be different potential bug in the ofx import it looks like.
> 
> 
> 
> I have a ofx file from a large brokerage house here in the US which has both 
> the mutual fund transaction and a bank transaction in a single account. It 
> looks like the cash transactions are not being picked up by the importer. For 
> example,  transactions for mutual fund purchase that is picked up is:
> 
> 
> 
> 
> 
>   
> 
>  
> 
> X827884101620210520
> 
>   2021052012
> 
>  YOU BOUGHT   PROSPECTUS 
> 
>  
> 
>  
> 
> 31635T708
> 
>   CUSIP
> 
>  
> 
> +8.09800
> 
>   00014.95000
> 
>  +00.
> 
> +00.
> 
>-000121.0600
> 
>   
> 
>  1.00
> 
> 
> USD
> 
>   
> 
>   CASH
> 
>  CASH
> 
>   
> 
>  BUY
> 
> 
> 
> 
> 
> But it didn’t pick up following transactions from the same account:
> 
> 
> 
> 
> 
>   
> 
>  DEP
> 
> 2021050412
> 
>   +64.1500
> 
>  X827882501120210504
> 
> DIRECT   DEPOSIT ELA
> 
>DIRECT   
> DEPOSIT ELAN CARDSVCRedemption
> 
>   
> 
>  1.00
> 
> 
> USD
> 
>   
> 
>   
> 
>  CASH
> 
> 
> 
> 
> 
> I did a test where I created a brand new file with just (all) basic account 
> types and then imported the file. Sure enough it only registered buy/sell 
> transactions but skipped all the banking transactions in the import windows.  
> It asked to create new (MF) securities and assign accounts appropriately but 
> no cash transactions in any of them. I tried this exercise with version 4.5 
> of gnucash on Windows 10 (my base OS). I can provided anonymized ofx file if 
> there is interest to debug it further.
> 
> 
> 
> I installed 4.6 version but I ran into two issues with it which might be 
> separate from ofx importers:  1) I am seeing silent crash between file à quit 
> and the actual process being removed from the process list. The symptoms I 
> see is that when I relaunch next time it tells me that the lock file is still 
> there on random occasions which shouldn’t be as I went through the proper 
> exit process. And 2) actions à Check & Repairs à Check & Repair All where it 
> simply hangs indefinitely after checking few accounts and need to kill the 
> process from the task manager. The update status bar in the lower right 
> corner goes dim and does not update for minutes on and the cursor on the 
> window shows a busy process. I am not 100% sure what is going on with the 
> execution, hence I have avoided calling them “found” bugs at this time. I 
> reverted to 4.5 of gnucash and see neither of these issues so I have stayed 
> back.
> 
> 
> 
> Kalpesh…
> 
> 
> 
> From: David Carlson  
> Sent: Sunday, August 01, 2021 7:19 AM
> To: Chris Good 
> Cc: Kalpesh Patel ; Gnucash Users 
> 
> Subject: Re: [GNC] Transactions for multiple accounts in 1 ofx file?
> 
> 
> 
> You will also note that bug report is dated in 2003, the concern was raised 
> then with the hint that it was inherent in the OFX specification and 
> therefore probably difficult or impossible to fix.
> 
> 
> 
> The most recent changes to the generic import assistant allows re-ordering 
> the entries into chronological order which will put the duplicate d 
> transactions close to each other on the screen,  making them very easy to 
> spot and manually pick one or the other to keep.
> 
> 
> 
> I 

Re: [GNC] Recording non-cash donations

[Stan Brown]

On 2021-08-02 12:19, Rich Shepard wrote:
> While I've sent my account an email asking how to book non-cash donations
> I'm also asking here how folks do this. I can set up an Expense account for
> non-cash donations but cannot think of an appropriate off-setting
> account in
> Assets (since these are items and books I've owned but are now donating to
> Goodwill or the county library).
> 
> Your thoughts?

Hi, Rich!

The usual caveat: I am not an accountant or a tax professional.

If you're donating items that have no value on your books, I'm not sure
I would call that a "donation" in accounting terms. You could keep a
record by entering a transaction that would have only one split, with
Account = your charity account and Debit and Credit both = 0.

If the item does have significant value but for some reason you never
entered them in your books, you would create one or more asset accounts
for them. Then you'd make two transactions for each item:
(1) Debit: asset account
Credit: Equity (I think this is a case for making a direct credit to
the main equity account, essentially a correcting item, because the item
is not new income but something that you've had all along but just not
in your books.)
(2) Debit: Expenses:Charity
Credit: asset account

-- 
Stan Brown
Tehachapi, CA, USA
https://BrownMath.com
https://OakRoadSystems.com
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[GNC] Recording non-cash donations

[Rich Shepard]

While I've sent my account an email asking how to book non-cash donations
I'm also asking here how folks do this. I can set up an Expense account for
non-cash donations but cannot think of an appropriate off-setting account in
Assets (since these are items and books I've owned but are now donating to
Goodwill or the county library).

Your thoughts?

Rich
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Re: [GNC] Transactions for multiple accounts in 1 ofx file?

[Kalpesh Patel]

There seems to be different potential bug in the ofx import it looks like.

 

I have a ofx file from a large brokerage house here in the US which has both 
the mutual fund transaction and a bank transaction in a single account. It 
looks like the cash transactions are not being picked up by the importer. For 
example,  transactions for mutual fund purchase that is picked up is:

 



   

  

 X827884101620210520

   2021052012

  YOU BOUGHT   PROSPECTUS 

  

  

 31635T708

   CUSIP

  

 +8.09800

   00014.95000

  +00.

 +00.

-000121.0600

   

  1.00

 USD

   

   CASH

  CASH

   

  BUY



 

But it didn’t pick up following transactions from the same account:

 



   

  DEP

 2021050412

   +64.1500

  X827882501120210504

 DIRECT   DEPOSIT ELA

DIRECT   
DEPOSIT ELAN CARDSVCRedemption

   

  1.00

 USD

   

   

  CASH



 

I did a test where I created a brand new file with just (all) basic account 
types and then imported the file. Sure enough it only registered buy/sell 
transactions but skipped all the banking transactions in the import windows.  
It asked to create new (MF) securities and assign accounts appropriately but no 
cash transactions in any of them. I tried this exercise with version 4.5 of 
gnucash on Windows 10 (my base OS). I can provided anonymized ofx file if there 
is interest to debug it further.

 

I installed 4.6 version but I ran into two issues with it which might be 
separate from ofx importers:  1) I am seeing silent crash between file à quit 
and the actual process being removed from the process list. The symptoms I see 
is that when I relaunch next time it tells me that the lock file is still there 
on random occasions which shouldn’t be as I went through the proper exit 
process. And 2) actions à Check & Repairs à Check & Repair All where it simply 
hangs indefinitely after checking few accounts and need to kill the process 
from the task manager. The update status bar in the lower right corner goes dim 
and does not update for minutes on and the cursor on the window shows a busy 
process. I am not 100% sure what is going on with the execution, hence I have 
avoided calling them “found” bugs at this time. I reverted to 4.5 of gnucash 
and see neither of these issues so I have stayed back.

 

Kalpesh…

 

From: David Carlson  
Sent: Sunday, August 01, 2021 7:19 AM
To: Chris Good 
Cc: Kalpesh Patel ; Gnucash Users 

Subject: Re: [GNC] Transactions for multiple accounts in 1 ofx file?

 

You will also note that bug report is dated in 2003, the concern was raised 
then with the hint that it was inherent in the OFX specification and therefore 
probably difficult or impossible to fix.

 

The most recent changes to the generic import assistant allows re-ordering the 
entries into chronological order which will put the duplicate d transactions 
close to each other on the screen,  making them very easy to spot and manually 
pick one or the other to keep.

 

I think there is no need to automatically skip one or the other unless the 
split notes are merged as I suggested in my previous email. 

 

If you really want to get fancy, highlight the duplicate s and offer to skip 
one or the other.

 

 

 

On Sun, Aug 1, 2021, 3:12 AM Chris Good  wrote:

When I went to create a bug for this I found one already exists:

https://bugs.gnucash.org/show_bug.cgi?id=105334
 Import multiple account OFX files with transfers between the accounts,
duplicate transactions are generated

Regards,
Chris Good

-Original Message-
From: Chris Good mailto:goodchri...@gmail.com> > 
Sent: Sunday, 1 August 2021 5:49 PM
To: 'Kalpesh Patel' mailto:kalpesh.pa...@usa.net> >
Cc: gnucash-user@gnucash.org  
Subject: RE: