Loyalty Fund Account

[Jill Terry]

Thank you David C and I'm glad I gave you an idea!   I actually only got 
the idea when looking up something else in the documentation and 
happened to see that :)

Cheers
Jill

On 25/01/2015 21:58, David Carlson wrote:
> On 1/25/2015 9:30 AM, Wm wrote:
>> Sun, 25 Jan 2015 14:56:20 <54C50414.1070902 at babrees.co.uk>  Jill Terry
>> <jill at babrees.co.uk>
>>
>> [please use normal quoting]
>>
>>> Using GnuCash 2.6.5?
>>> ?
>>> Trying to set up an account to track reward miles.  Looking at 10.2.1 ?
>>> User Defined Currencies ?
>>> http://www.gnucash.org/docs/v2.6/C/gnucash-guide/currency_acct1.html?
>>> ?
>>> It states, "The first method is to define a new security, of type ?
>>> *FUND*, called RewardMiles. This is pretty straightforward–when you ?
>>> create the new *LoyaltyGroupRewardMiles* account, just set the account ?
>>> type to *Stock* or *Mutual Fund*, click the Select... button next to
>>> the ?
>>> *Security/currency:* box, and click New to define a new security of
>>> type ?
>>> *FUND*."?
>> So it does.  Strange, XXX and friends have been quiet until I
>> mentioned them recently.  Presumably they are there for some use.
>>
>>> Sounds simple, except that When I create a new account the only
>>> account ?
>>> type I have is CURRENCY and there is no "New" in the Security/currency ?
>>> box either.?
>> It depends on the point in the account tree you are creating the new
>> account under.
>>
>>> Is this another bug or am I simply being a dumb blonde??
>> I don't think you are being dumb regardless of hair colour.
>>
> Jill,
>
> Before you start to create your security account you need to have the
> highlight in the Asset section of the account tree to let GnuCash know
> that you are trying to create an asset type of account.  I know that is
> not very intuitive nor is it well explained in the help.  I would
> suggest putting that account under "Other Assets."
>
> There are two steps to the process, one to create a GnuCash Asset
> account to collect the reward miles in, and a step to create the user
> defined security.  the security creation step can be done separately or
> concurrently with the account creation.
>
> You just gave me the idea that we could probably do something similar to
> track mileages for income tax purposes this way too, at least in the
> U.S. of A.  We would need separate securities for different reward types
> or for different tax purposes such as business miles, charity miles or
> medical miles.
>
>
> David C
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