Dear Jim,
Thank you so very much for taking the time to answer my questions.
Since GnuCash is open source, i was wondering how members are able to
contribute to it? Who adds features and make changes to the software. Im
not a programmer, but perhaps i could find someonw that could work on
making changes for me.
Although, your solution is something that i have thought of, im wondering
how difficult would it be to add 1 more account type to the software that
made that account be ble to have any type under it. Similar to the top
level accounts.
I was surprised to find that there is no user group for GnuCash. I'd figure
that may be a way for people to ask questions in a forum which may allow
people to search previous topics and such.
And please forgive me if any of this has been discussed already. I
certainly do not want to be a troublemaker. Just wondering how i can
contribute and perhaps help people.
Thank you again,
Luis Sinibaldi
On Thu, May 30, 2024, 9:50 PM Jim DeLaHunt wrote:
> Luis:
>
> Welcome to GnuCash! You ask a good question.
>
> On 2024-05-30 01:31, Luis Sini wrote:
> > TL;DR
> > +
> > I would like to add "ASSETS" and "LIABILITIES" account types as
> > sub-accounts but GnuCash only allows it if they are "Top Level Accounts"
> > +
> > Hello to everyone,
> > I make money personally, I own a couple of properties, and I also design
> > and manufacture audio devices. These are basically different entities,
> and
> > I know that I can create a separate GnuCash file for each one of those
> > ventures. But, I wanted to create 1 GnuCash file that will allow me to
> have
> > a comprehensive view of all my financial activities while being able to
> > track each venture separately.
> >
> > I've gone ahead and created the following structure:
> >
> > 1. PERSONAL WORK
> >1. INCOME
> >2. EXPENSES
> > 2. PROPERTIES
> >1. PROPERTY A
> > 1. INCOME
> > 2. EXPENSES
> >2. PROPERTY B
> > 1. INCOME
> > 2. EXPENSES
> >3. AUDIO DEVICES
> >1. INCOME
> >2. EXPENSES
> >
> > What I would like to do is add "ASSETS" and "LIABILITIES" sub-accounts to
> > "PERSONAL WORK" and each of the "PROPERTIES". Unfortunately, GnuCash only
> > allows me to assign sub-accounts types as either "Income" or "Expense"
> > unless the parent account is not set up as either Assets or Liability? I
> > can make an account an "Asset" or "Liability" if the account is a "Top
> > Level Account". Is there any way to get around this limitation?
>
> I do not know a way around the limitation that GnuCash places on the
> types of accounts which can be children of various types of accounts,
> e.g. that an Asset account may not be a child of an Income or Expense
> account.
>
> I face a similar situation with my own bookkeeping. I track assets,
> liabilities, income, and expenses, for my marriage's joint holdings, and
> my personal income, and my spouse's personal income, for my small
> business, and some real estate. I let GnuCash insist that Assets,
> Liabilities, Equity, Income, and Expenses be top-level accounts. I
> divide into my various joint and personal and business divisions at the
> next level down.
>
> Applying that to your example, your chart of accounts might be:
>
> 1. Assets
> 1.A. Personal Assets
> 1.B. Property Assets
> 1.B.a. Property A Assets
> 1.B.b. Property B Assets
> 1.C. Audio Devices Assets
> 2. Equity
> 2.A. Personal Equity
> 2.B. Property Equity
> 2.B.a. Property A Equity
> 2.B.b. Property B Equity
> 2.C. Audio Devices Equity
> 3. Expenses
> 3.A. Personal Expenses
> 3.B. Property Expenses
> 3.B.a. Property A Expenses
> 3.B.b. Property B Expenses
> 3.C. Audio Devices Expenses
> 4. Income
> 4.A. Personal Income
> 4.B. Property Income
> 4.B.a. Property A Income
> 4.B.b. Property B Income
> 4.C. Audio Devices Income
> 5. Liabilities
> 5.A. Personal Income
> 5.B. Property Income
> 5.B.a. Property A Income
> 5.B.b. Property B Income
> 5.C. Audio Devices Income
>
> I can imagine three objections you might have to this structure.
>
> 1. It is verbose. My structure has 30 lines, while yours has only 13
> lines (or 21 after you add Assets and Liabilities as you propose). I do
> not
