Re: [GNC] Can a bank account have sub-accounts?

2023-03-15 Thread Vincent Dawans
Michael: My bad for saying "typically". I didn't mean to say that the other solutions presented don't work. And certainly if required to be both held in a different bank account with each allowed transaction paid from that account then it should be, that depends on local requirements and or types

Re: [GNC] Can a bank account have sub-accounts?

2023-03-15 Thread Gyle McCollam
Gyle McCollam gmccol...@live.com<mailto:gmccol...@gyleshomes.com> email From: gnucash-user on behalf of Michael or Penny Novack Sent: Wednesday, March 15, 2023 10:18 AM To: Vincent Dawans Cc: gnucash-user@gnucash.org Subject: Re: [GNC] Can a

Re: [GNC] Can a bank account have sub-accounts?

2023-03-15 Thread Michael or Penny Novack
On 3/13/2023 5:47 PM, Vincent Dawans wrote: This sort of fund accounting is typically taken care of by using the analytical dimension feature offered by some accounting softwares. Unfortunately gnuCash doesn't have that feature (yet). Here is an article somewhat explaining how it works (for a di

Re: [GNC] Can a bank account have sub-accounts?

2023-03-13 Thread Vincent Dawans
This sort of fund accounting is typically taken care of by using the analytical dimension feature offered by some accounting softwares. Unfortunately gnuCash doesn't have that feature (yet). Here is an article somewhat explaining how it works (for a different accounting package): https://www.bakert

Re: [GNC] Can a bank account have sub-accounts?

2023-03-13 Thread Michael or Penny Novack
On 3/13/2023 10:35 AM, Mort Q wrote: Hi Robert I do have lots of expense accounts for repairs, catering, office expenses, utilities, etc, and income accounts for fund raising, donations, memberships, etc. so we can track income and expenses easily. The GnuCash reports really help people see wher

Re: [GNC] Can a bank account have sub-accounts?

2023-03-13 Thread R Losey
Yes, you can! I do something like what you say, as long as these are funds deposited into the bank that are earmarked for those expenses... As an example, I set aside some money for a vacation, but those funds are in the bank account, so I have sub-accounts for how much they have. I only "transfe

Re: [GNC] Can a bank account have sub-accounts?

2023-03-13 Thread Peter West via gnucash-user
> > > > > Saludos Cordiales > > > Murugan > > > From: gnucash-user > on behalf of > Mort Q > Sent: Monday, March 13, 2023 11:35 AM > To: Robert Heller > Cc: gnucash-user@gnucash.org > Subject: Re: [G

Re: [GNC] Can a bank account have sub-accounts?

2023-03-13 Thread Alton Brantley
to answer your question— yes, a bank account can have subaccounts. I use a subaccount named “ACH” for Automated Clearing House bank and investment accounts so that double entry accounts match up to statements on both credit cards and check ledgers to account for the delay going through the A

Re: [GNC] Can a bank account have sub-accounts?

2023-03-13 Thread Dan Black
From: gnucash-user on behalf of Mort Q Sent: Monday, March 13, 2023 11:35 AM To: Robert Heller Cc: gnucash-user@gnucash.org Subject: Re: [GNC] Can a bank account have sub-accounts? Hi Robert I do have lots of expense accounts for repairs, catering, office expenses, utilities, etc, and i

Re: [GNC] Can a bank account have sub-accounts?

2023-03-13 Thread Murugan Muruganandam
individual buckets you have created. Saludos Cordiales Murugan From: gnucash-user on behalf of Mort Q Sent: Monday, March 13, 2023 11:35 AM To: Robert Heller Cc: gnucash-user@gnucash.org Subject: Re: [GNC] Can a bank account have sub-accounts? Hi Robert I

Re: [GNC] Can a bank account have sub-accounts?

2023-03-13 Thread Mort Q
Hi Robert I do have lots of expense accounts for repairs, catering, office expenses, utilities, etc, and income accounts for fund raising, donations, memberships, etc. so we can track income and expenses easily. The GnuCash reports really help people see where money is coming from and going to. Th

Re: [GNC] Can a bank account have sub-accounts?

2023-03-13 Thread Mort Q
Thanks Rich. I thought of something like that, but I can't see how it works when I pay a bill, for example. e.g. The money for the new widget comes out of the widget asset account, and the bank account isn't debited, so GnuCash doesn't have a record that matches the bank statement any more. That w

Re: [GNC] Can a bank account have sub-accounts?

2023-03-13 Thread Robert Heller
At Mon, 13 Mar 2023 23:55:05 +1000 Mort Q wrote: > > Hi all > I act as Treasurer for a community organisation, and want to look for a way > that GnuCash can subdivide the money in the bank account into planned > expenses e.g. a few members do ongoing fund raising for equipment, so could > I make

Re: [GNC] Can a bank account have sub-accounts?

2023-03-13 Thread Rich Shepard
On Mon, 13 Mar 2023, Mort Q wrote: I act as Treasurer for a community organisation, and want to look for a way that GnuCash can subdivide the money in the bank account into planned expenses e.g. a few members do ongoing fund raising for equipment, so could I make a sub-account of the bank accoun

[GNC] Can a bank account have sub-accounts?

2023-03-13 Thread Mort Q
Hi all I act as Treasurer for a community organisation, and want to look for a way that GnuCash can subdivide the money in the bank account into planned expenses e.g. a few members do ongoing fund raising for equipment, so could I make a sub-account of the bank account called "Equipment enhancement