personal financing: how to record receiving of a gift (not fixed asset)

[Paul Schwartz]

----- Original Message ----
> From: Zhang Weiwu <zhangweiwu at realss.com>
> To: gnucash-user at gnucash.org
> Sent: Wednesday, February 20, 2008 3:58:25 AM
> Subject: personal financing: how to record receiving of a gift (not fixed asset)
> 

You had no expense for the gift. If you want to reflect it in your Assets, the balancing entry should be in Equity.

IANAA

HTH

Paul



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