Would like to categorise items in two ways

[Michael DeBusk]

On 01/24/2010 04:27 PM, choochoobazoo wrote:

> What would be the best way to do this please? 

I think you would want to keep a separate set of books for your rental
business an for your personal finances.

Sub-accounts are how you'd arrange your books to get what you want:

Assets:Fixed Assets:Apartments:Apartment1
Assets:Fixed Assets:Apartments:Apartment2
Assets:Fixed Assets:Apartments:Apartment3

Liabilities:Long-Term:Mortgage:Apartment1
Liabilities:Long-Term:Mortgage:Apartment2
Liabilities:Long-Term:Mortgage:Apartment3

Equity:Apartments:Apartment1
Equity:Apartments:Apartment2
Equity:Apartments:Apartment3

Expenses:Repairs:Apartment1
Expenses:Repairs:Apartment2
Expenses:Repairs:Apartment3
Expenses:Interest:Mortgage:Apartment1
Expenses:Interest:Mortgage:Apartment2
Expenses:Interest:Mortgage:Apartment3

Income:Rent:Apartment1
Income:Rent:Apartment2
Income:Rent:Apartment3

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