how to view total for expenses subaccount

[Robert Stocks]

I think the confusion here is that the "Cash Flow" report is not the
correct report to use to answer Girard's original question and my tip
about including the CC account in the Cash Flow report, changes the
report to not be Cash Flow in the strict accounting meaning of the
term.


Girard to answer the question what was the break down of my expenses
in the period xxxx to yyyyyy which I belive was your original
intention, you should use the Report "Income and Expense" -> "Income
Statement"   then go to the options and chose the period you are
interested in.

The name of this report could be better in my opinion as it includes
expenses as well as income.

hope that clears things up.

Robert.

2008/10/30 Mike or Penny Novack <stepbystepfarm at mtdata.com>:
>
>>
>> Thanks for that, but I this is exactly how I enter my transactions. My
>> original problem was including the Liabilities that went somewhere in
>> the Expenses account in the Cash Flow report.
>
>
> This isn't related to the fact that we might be using GnuCash to
> automate the keeping of the books and producing the reports. The "cash
> flow" report is important (or income/expense report or whatever is
> showing income and expenses for a period) but it is usual to supply
> along with this  "balance sheet" reports for the start and stop dates of
> the period. It is these that would show the change in liabilities and
> assets.
>
> Fundamentals. Assets = Liabilities + Equity
> You can rearrange, so Assets - Liabilities = Equities and thus changes
> to (Assets - Liabilities) = changes to (Equity)
>
> You can think of Equity as "net worth".
>
> Accounts of type "Income" and "Expense" are temporary accounts used to
> categorize those changes to equity during an accounting interval. If the
> total of income is greater than the total of expenses, net worth is
> increasing, otherwise decreasing, the most famous literary definition
> being in "David Copperfield" by Dickens. But this alone doesn't show the
> position relative to CASH (current assets immediately available). That's
> why you need also produce the balance sheets. It's not just  liabilities
> you need to worry about  but possibly assets also  (some of that income
> might be increase in assets but not CURRENT assets so that while your
> net worth has increased you might have a CASH problem --- or conversely,
> your cash position might be excellent but headed toward a crash because
> liabilities increasing faster).
>
> Michael
>
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-- 
Robert