Re: Mortgage payments in Income/Expense report?
Maf and Mike - I do understand the issue; if I could get the Cash Flow report to total sub-categories into the parent (so I got "Expenses:Auto" instead of "Expenses:Auto:Gas", Expenses:Auto:Maintenance", etc.), then I'd be a happy guy :-). That was actually where I started . . . but I couldn't figure out how to make the sub-categories work the way I wanted. Thanks! Dan On 07/02/2017 09:55 AM, Maf. King wrote: On Sunday, 2 July 2017 14:46:19 BST Mike or Penny Novack wrote: On 7/2/2017 7:02 AM, Dan Rawson wrote: an Income/Expense report that ALSO includes the transfers to the liability (let's face it, that's an "expense" :-), but the Liability Dan Misunderstanding about the basics. You are thinking of it as an "expense" because it affects cash flow. Hi Mike, IMHO, the OP isn't misunderstanding - hence the quotes and smiley. You are correct in the accounting sense, but I can understand that it is a sort of "expense" in the sense that it comes out of each month's wages and needs to be budgeted / allocated. I was going to suggest he try the cash flow report and see if it can be munged into showing what is required, before you beat me to it. 0.02 Maf. ___ gnucash-user mailing list gnucash-user@gnucash.org 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 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: Mortgage payments in Income/Expense report?
On Sunday, 2 July 2017 14:46:19 BST Mike or Penny Novack wrote: > On 7/2/2017 7:02 AM, Dan Rawson wrote: > > an Income/Expense report that ALSO includes the transfers to the > > liability (let's face it, that's an "expense" :-), but the Liability > > > > Dan > > Misunderstanding about the basics. > You are thinking of it as an "expense" because it affects cash flow. Hi Mike, IMHO, the OP isn't misunderstanding - hence the quotes and smiley. You are correct in the accounting sense, but I can understand that it is a sort of "expense" in the sense that it comes out of each month's wages and needs to be budgeted / allocated. I was going to suggest he try the cash flow report and see if it can be munged into showing what is required, before you beat me to it. 0.02 Maf. ___ gnucash-user mailing list gnucash-user@gnucash.org 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: Mortgage payments in Income/Expense report?
On 7/2/2017 7:02 AM, Dan Rawson wrote: I've set up my mortgage as a liability, and the checks are split to the liability, property tax, and interest. I'd like to be able to run an Income/Expense report that ALSO includes the transfers to the liability (let's face it, that's an "expense" :-), but the Liability accounts aren't available to select when doing the income/expense reports. The alternative would be using the account summary, but I can't do a date range limit on that report. Do I have to write a custom report to to do this? Thanks! Dan Misunderstanding about the basics. When you consider that portion of your mortgage payment that is toward the principle (reducing the liability) that is NOT an expense (in terms of "income and expense"). You are thinking of it as an "expense" because it affects cash flow. That would be a different report. They show different things, and you can be OK in terms of "income and expense" but in trouble in terms of "cash flow" or vice versa (as well as being OK in both senses). If you are having trouble understanding this concept you are probably doing your credit card accounting wrong. Each time you use your credit card to pay some expense you are crediting the credit card and debiting the expense, but no cash went out (yet). When you make a payment on the credit card (credit cash) you debit interest expense and credit card balance. Cash went out, but only what (if any*) was for interest an expense. Michael D Novack * Some of us do not pay any interest on our credit cards. We pay the balance in full each month. ___ gnucash-user mailing list gnucash-user@gnucash.org 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.
Mortgage payments in Income/Expense report?
I've set up my mortgage as a liability, and the checks are split to the liability, property tax, and interest. I'd like to be able to run an Income/Expense report that ALSO includes the transfers to the liability (let's face it, that's an "expense" :-), but the Liability accounts aren't available to select when doing the income/expense reports. The alternative would be using the account summary, but I can't do a date range limit on that report. Do I have to write a custom report to to do this? Thanks! Dan ___ gnucash-user mailing list gnucash-user@gnucash.org 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.
