Tutorial and concept guide chapter 9

Md. Aminul Islam Khan aikhanlab at gmail.com
Tue May 17 04:44:26 EDT 2011


On Mon, May 16, 2011 at 8:45 PM, jomali <jomali3945 at gmail.com> wrote:

> I suggest you re-read Chapter 9.3 and see that it asks you to set up some
> Fixed Asset accounts as well.
>

Thank you. I went through it again.

Chapter 9.3 says: "Below is a generic account hierarchy for tracking the
appreciation of 2 assets, *ITEM1* and *ITEM2*. The *Assets:Fixed
Assets:ITEM1:Cost* accounts are balanced by the*Assets:Current
Assets:Savings Account* account, the *Assets:Fixed Assets:ITEM1:Unrealized
Gains* accounts are balanced by the *Income:Unrealized Gains* account
(similar for*ITEM2*).
-Assets
    -Current Assets
        -Savings Account
    -Fixed Assets
        -ITEM1
            -Cost
            -Unrealized Gain
        -ITEM2
            -Cost
            -Unrealized Gain
-Income
    -Realized Gains
    -Unrealized Gains
Then in Chapter 9.4 it says: Start with an account hierarchy similar to than
shown in Section 9.3, “Account
Setup”<http://code.gnucash.org/docs/guide/capgain_accounts1.html>,
but replace “ITEM1” with “Degas” and you can remove the “ITEM2” accounts.
The following paragraphs and table of Chapter 9.4 asks to:
transfer to .....Assets:Fixed Assets:Savings Account.

That created the confusion.

aikhan

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