No Expense Accounts?

Cam Ellison cam at ellisonet.ca
Sat Dec 27 13:08:47 EST 2008


Donald D Henson wrote:
> Linux Earth-svr 2.6.25.18-0.2-default #1 SMP 2008-10-21 16:30:26 +0200
> i686 i686 i386 GNU/Linux
> gnucash 2.2.4 -  This copy was built from r16997M on 2008-06-07.
>
> I just tried to add an accumulated depreciation account to a fixed asset
> but there was no Expense type listed. How do you handle contra accounts
> in GnuCash?
>
>   

Set it up as an asset account.  Here's an example:

Fixed Assets
             |------> Computer
                          |---------> Computer Assets
                          |---------> Computer Depreciation

In reports and in the display of the account tree, Computer shows the 
net value.

HTH

Cam



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