Thanks, that answers my question!
On Sun, May 8, 2022 at 12:03 PM wrote:
> Bogdan
>
> That's easy. In the Accounts Tab, right click on the top level Equity
> account to
> select it and then right click anywhere in the pane and select New Account
> from
> the popup menu or use Actions->New Accou
Bogdan
That's easy. In the Accounts Tab, right click on the top level Equity account to
select it and then right click anywhere in the pane and select New Account from
the popup menu or use Actions->New Account from the mainmenu. This should start
the dialogue with Equity as the parent account, e
Well, actually my question is not an accounting question but rather a
technical one on how to set up and use equity accounts in Gnucash, if at
all possible (I'm a qualified accountant by the way). I took a revaluation
reserve just as an example.
In many accounting frameworks you can find items tha
This Investopedia page (
https://www.investopedia.com/terms/r/revaluationreserves.asp#:~:text=Revaluation%20reserve%20is%20an%20accounting,of%20the%20asset%20has%20changed
.) might provide some insights into how to setup revaluation reserves. My
reading of this is that the Reserve account is a
Bogdan,
This Investopedia page (
https://www.investopedia.com/terms/r/revaluationreserves.asp#:~:text=Revaluation%20reserve%20is%20an%20accounting,of%20the%20asset%20has%20changed
.) might provide some insights into how to setup revaluation reserves. My
reading of this is that the Reserve account
Any suggestions there?
-- Forwarded message -
From: Bogdan
Date: Wed, May 4, 2022, 12:04
Subject: Double entry directly to Equity
To:
Hi,
I am trying to figure out how to set up a revaluation reserve account
directly in Equity so that I could do e.g. Dr Asset a/c Cr Equity.