Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts
I was recently feeling a similar vibe as I had income taxes in expenses and refunds in income, but they are really algebraically the same thing of opposite sign until you get into US tax code of itemized deductions making them different. The tax report does somewhat marry them back together. As I am a standard deduction guy for the last few years, I forget the exact place it binds you up, maybe state/city tax refunds and itemization. ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts
In the realm of enhancement suggestions, if there was a special top level folder of named sets of books, and each named set of books could have its own income, expense, equity, assets, liabilities. Then you could work a hierarchy of books in one gnucash instance. The entries in those books could even be shadowed by being linked into the master folders of income, expense, equity, assets, liabilities (rather like hard links in files -- changing either changes both), with reports knowing they should run in one tree or the other to avoid doubling items. The xml world would record them in the folder of books but the xml to C++ loader would know to also link the transactions to the master set of folders. Reports might even run on the entire folder of books, preceding the report on each set of books with a header in the report. Alternatively, gnucash could have a way to include multiple gnucash instances by reference into a parent instance, with the reporting behaviors described above. When loading the parent instance, the trans in every child would be linked also into the parent income, expense, equity, asset, liability folders. Gnucash in the children would not change, but all the new behaviors are tied to working in a parent folder. It begs the idea of a grandparent folder, i. e., unlimited levels of hierarchy, with a hierarchy of headers and subtotals in reports. And it imposes/suggests the idea that all transactions have to be in 'leaf' books, either a feature or a problem. No idea how these might be kept separate in an RDBMS supported instance, but let's assume a separate schema for each 'leaf' set of books. ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts
I doubt it. If they are all reported as part of the one tax return they are enterprises rather than entities. Entity finances are normally kept separate with separate tax returns, bank accounts and cashbook files (despite what can be done). How reported on taxes not a factor on whether multiple sets of books kept. Remember, I go back to the days of pen and ink on paper. Subsidiary sets of books not unusual. There might be "petty cash" (which might even have ts own bank account), a "cash book" (and perhaps a physical cash box) , etc. The TOTALS from these subsidiary books ended up in the main ledger, and THAT from where taxes figured, etc. (the subsidiary books not involved with tax filings, etc.) However -- today, those who wanted multiple sets of books so as to make easy separating enterprises << by treating as entities >> probably would want to skip that step as unfamiliar with the work flow process of formally "closing" into the main ledger. Easier to just total outside of gnucash. Since I usually advocate for "formal" this might surprise you, but I'd think doing it "right" would definitely require finding a text that provided examples << say how a petty cash set of books connected to the main ledger; usually done each time the petty cash fund was refreshed* >> Seeing it done for one sort of subsidiary books would guide for other sorts. LOL -- you can even use gnucash to track a VIRTUAL entity. For example, I wanted to track our solar system << how long did it take to pay itself off >> figured correctly, time value of money, affect on our property insurance premium, taxes it made us liable for, etc. The easiest way was to treat the solar system as if it were an entity operating on borrowed capital (borrowed from us), paying off this loan by getting tax credits for us, selling SRECs for us, paying our electric bill, etc. << at the present time, paid off, so accumulating a virtual "repair and replacement fund". Michael D Novack * If done THEN (when being "refreshed") the total of debits and credits going to main books and to the petty cash fund will be the same -- the amount needed to refresh the petty cash fund to its original amount is the total of expenses since the last time. In other words, the same transaction in both main books and petty cash books except debits and credits reversed. ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts
Hello David, Oh yes, my mistake thanks for correcting ! Best regards Paras 01-Jun-2024 11:53:59 am sunfis...@yahoo.com<mailto:sunfis...@yahoo.com>: Thanks for the insights. For the record, the app you're intending to reference is "skrooge" not "skoorage". David T. On Jun 1, 2024, at 8:20 AM, Paras Desai mailto:desaipa...@outlook.com>> wrote: On 31-05-2024 20:46, gnucash-user-requ...@gnucash.org<mailto:gnucash-user-requ...@gnucash.org> wrote: Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts My two cent on the topic Before I zeroed in to GNU Cash for my personal finance accounting, I evaluated many open source softwares like Money manager Ex, Skoorage, Kmymoney and likes and eventually I decided to settle in GNC for multiple reasons. However, I remember one feature (either in skoorage or Kmymoney), which has a feature of grouping Chart of Accounts (COA) Institution wise. While posting the transaction, one can select the Institution and transaction flows in that institution. While generating report, one can generate report for all Institutions or for an individual institution. Now, this “Institution” can be an either a family member, or a company or a company business division. This feature is very relevant, if one wishes to monitor family finance along with individual finance, or separate business line finance. So configuration can be like Family (All Institutions)--> Institution1(family Member 1) + Institution2(Family member2) and so on. GNC manages accounts as an individual file. So, to achieve above, if a report can be developed to combine multiple files (Accounts) to generate a report ! Of course, this is a suggestion of a layman, without giving cognizance to the technicality involved and basic software structure of the GNC and limitations. I just thought of sharing this idea, when I came across the discussion on the topic. With my best regards Paras gnucash-user mailing list gnucash-user@gnucash.org<mailto:gnucash-user@gnucash.org> To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user - 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 - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts
Thanks for the insights. For the record, the app you're intending to reference is "skrooge" not "skoorage". David T. On Jun 1, 2024, 8:20 AM, at 8:20 AM, Paras Desai wrote: > >On 31-05-2024 20:46, gnucash-user-requ...@gnucash.org wrote: >> Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts > > >My two cent on the topic > >Before I zeroed in to GNU Cash for my personal finance accounting, I >evaluated many open source softwares like Money manager Ex, Skoorage, >Kmymoney and likes and eventually I decided to settle in GNC for >multiple reasons. > >However, I remember one feature (either in skoorage or Kmymoney), which > >has a feature of grouping Chart of Accounts (COA) Institution wise. > >While posting the transaction, one can select the Institution and >transaction flows in that institution. While generating report, one can > >generate report for all Institutions or for an individual institution. > >Now, this “Institution” can be an either a family member, or a company >or a company business division. > >This feature is very relevant, if one wishes to monitor family finance >along with individual finance, or separate business line finance. > >So configuration can be like Family (All Institutions)--> >Institution1(family Member 1) + Institution2(Family member2) and so on. > >GNC manages accounts as an individual file. So, to achieve above, if a >report can be developed to combine multiple files (Accounts) to >generate >a report ! > >Of course, this is a suggestion of a layman, without giving cognizance >to the technicality involved and basic software structure of the GNC >and >limitations. > >I just thought of sharing this idea, when I came across the discussion >on the topic. > >With my best regards > > >Paras > > > >___ >gnucash-user mailing list >gnucash-user@gnucash.org >To update your subscription preferences or to unsubscribe: >https://lists.gnucash.org/mailman/listinfo/gnucash-user >- >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 - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts
On 31-05-2024 20:46, gnucash-user-requ...@gnucash.org wrote: Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts My two cent on the topic Before I zeroed in to GNU Cash for my personal finance accounting, I evaluated many open source softwares like Money manager Ex, Skoorage, Kmymoney and likes and eventually I decided to settle in GNC for multiple reasons. However, I remember one feature (either in skoorage or Kmymoney), which has a feature of grouping Chart of Accounts (COA) Institution wise. While posting the transaction, one can select the Institution and transaction flows in that institution. While generating report, one can generate report for all Institutions or for an individual institution. Now, this “Institution” can be an either a family member, or a company or a company business division. This feature is very relevant, if one wishes to monitor family finance along with individual finance, or separate business line finance. So configuration can be like Family (All Institutions)--> Institution1(family Member 1) + Institution2(Family member2) and so on. GNC manages accounts as an individual file. So, to achieve above, if a report can be developed to combine multiple files (Accounts) to generate a report ! Of course, this is a suggestion of a layman, without giving cognizance to the technicality involved and basic software structure of the GNC and limitations. I just thought of sharing this idea, when I came across the discussion on the topic. With my best regards Paras ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
[GNC] Adding ASSETS & LIABILITIES to sub accounts
> I make money personally, I own a couple of properties, and I also design and manufacture audio devices. These are basically different entities... I doubt it. If they are all reported as part of the one tax return they are enterprises rather than entities. Entity finances are normally kept separate with separate tax returns, bank accounts and cashbook files (despite what can be done). Accounting is set up to report on accounts. Dimensional accounting describes reporting on other things, such as enterprises, but it is not directly implemented in GnuCash although various workarounds are used. When I purchase fuel for one entity I also record the enterprise, ultimately for the tax return which requires separate Primary Production reporting. Using subaccounts has been described and I'll refer to my previous comments about filter reports: https://lists.gnucash.org/pipermail/gnucash-user/2024-May/111804.html The developers haven't responded to my request to comment on why, despite significant revision to standard reports, ultimately the functionality to report all transactions by filter (matched and unmatched) was not included in GnuCash and is only available as a custom report. Regards ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts
You aren't going to be happy with the answer. Well, part it. See, without realizing it, you are asking for TWO things: 1) Can I have these multiple "entities" in one set of books, be able to have, for example, assets for entity one, assets for entity two, etc. The answer to THAT question is yes, and you can run reports selecting just the accounts related to each entity in the report for that entity. 2) Can I show these grouped by entity instead of all the asset accounts together (under assets), all the liability accounts (under liabilities), etc. The answer to THAT question is no. If all in one CoA then have to follow the rules for how a CoA is organized. That's not specifically a gnucash thing. This is a tradeoff situation related to work flow, which you decide is easier. Keep in one set of books but have a lot more work setting up the reports with account inclusion/exclusion for each entity. Or Keep in separate books and now the reports are simple default (since that CoA has only accounts of that entity) and have the work of adding up the totals from the Balance Sheets (etc.) of all entities. Michael D Novack PS --- If you are new to double entry bookkeeping I strongly suggest the "separate books" option since each will be simpler to set up, more closely follow examples, and the task of adding up the corresponding pieces (of each entity) is straightforward. Also a factor to consider, if you are keeping all in one set of books there is an error you could make that gnucash would not catch for you << no double entry software would, since the fundamental rules of double entry not violated by this mistake >> You COULD accidentally enter a transaction belonging to entity one in accounts of entity two, even partly in one and partly in another. And it's really not if you will do this but when you will make a mistake of that sort. Finding/correcting an error of that sort not going to be easy. PPS --- Those of us whose experience goes back to the days of pen and ink on paper will probably know how to have "subsidiary books" and how the totals of such subsidiary books enter the main set of books. In other words, you COULD have separate sets of books and then a "main" set of books, the reports from which would give you the totals. I suggest not trying this unless with the guidance of a text that deals with things like "petty cash", "sales", etc. which might have subsidiary sets of books connected to a main set of books. On 5/30/2024 1:31 AM, 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? Thanks in advance. Luis S. ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All. -- There is no possibility of social justice on a dead planet except the equality of the grave. ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts
Hi Luis, Welcome to GnuCash! On Friday, 31 May 2024 06:09:12 BST Luis Sini wrote: > Dear Jim, > 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. There is a core team of develpoers who wrtie the code and fix the bugs. their time is very limited. Some others help out by writing/updating docs, or add to the wiki and FAQ. others just answer on here if they have knowledge that fits. Anyone can report bugs, of course. There's a link somewhere on the GC website for $ donatinos, too, I think. > > 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. Jim's solution makes sense to me. Use the reports to report on what you need. GC is quite strict about being a "formal accounting" program, and I think you'll struggle to get developer support to make that change to account types. > > 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. This email list is the "user group". GC has been around for a very long time, pretty much predating "social media", and this email group is still the formal way to ask user-level questions. All the archives exist and can be read, it may just be a slightly different way that you expected, and hard to search for a variety of reasons! I think the specific site: search trick has been killed by google, for example (but still works on duckduckgo). good luck! Maf. ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts
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 find that to be a problem. The only time I see all the accounts is > in the Accounts tab, and most of the time most of the hierarchy is > collapsed and hidden from view. When I want to enter an account name > into a transaction, I type portions of the path of account names, and > GnuCash gives me a menu of the few accounts which match those portions. > > 2. It doesn't let you report on a single subtree of the account and > capture all the income, expenses, assets, and liabilities. I also do not > find that to be a
Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts
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 find that to be a problem. The only time I see all the accounts is in the Accounts tab, and most of the time most of the hierarchy is collapsed and hidden from view. When I want to enter an account name into a transaction, I type portions of the path of account names, and GnuCash gives me a menu of the few accounts which match those portions. 2. It doesn't let you report on a single subtree of the account and capture all the income, expenses, assets, and liabilities. I also do not find that to be a problem. GnuCash custom reports allow you to select which accounts to include in the reports. If you want a report for Property A, you can define a GnuCash custom report which includes 1.B.a. Property A Assets, 2.B.a. Property A Equity, 3.B.a. Property A Expenses, 4.B.a. Property A Income, 5.B.a. Property A Income and all subaccounts of those five accounts. 3. You might not be sure which structure will work for you long-term. The good news is that GnuCash lets you move accounts from one parent to another within the Accounts tree (subject to its rules about which account types can be children of which account types), and all the transactions associated with that account follow the account to its new home. You can do even pretty major restructuring of accounts as you go, and your records stay intact. I hope this helps. Good luck with your bookkeeping! —Jim DeLaHunt ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
[GNC] Adding ASSETS & LIABILITIES to sub accounts
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? Thanks in advance. Luis S. ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
