Budgeting and negative balance

David T. sunfish62 at yahoo.com
Tue Mar 10 13:52:03 EDT 2015


Nicolas,
Although I do not use the budgeting tools actively, I have tried to use them episodically in the past, and know that using them is an art, at best.
That said, I am not sure why you would need to budget the loan, per se. As the other respondent mentioned, the important element (as I would understand it) for budgeting would be the loan *payments*. Payments are what repeat, and (again, as I would understand it) they are what I would expect to budget. 
Or are you planning on regularly obtaining new loans, and need to budget for that?

Cheers,David
      From: Nicolas Belgium <nicolas at fairon.net>
 To: gnucash-user at gnucash.org 
 Sent: Tuesday, March 10, 2015 9:42 AM
 Subject: Re: Budgeting and negative balance
   
Thank you for your reply.
I didn't took the car loan yet, I plan it with budget. I understand the
transaction with double legs.

To better understand what I am struggling with, I started a simple new
project without anything else than a car loan with 2 accounts, 1 for
liability 1 for asset. No transaction, just budget.
On budget sheet I plan on 05/01/2015 a car loan:  Liabilities:Loan:Vehicule
Loan. I write there 1000.
On same sheet, same day I write 1000 in Assets:Fixed Assets:Vehicle.
Transfers shows 0, same for total, which is normal, assets = liability

But when I do Reports > Budget > Budget Balance Sheet, I got -1000 in
Liabilities:Loan:Vehicule Loan, 1000 in Assets:Fixed Assets:Vehicle (only
thing correct in this sheet), -2000 in Unallocated assets and -1000 in Total
Assets. 

So I guess it's because Budget is to define where you want to put money,
1000 in liability is to reimburse liability not to create it, so I change
Liabilities:Loan:Vehicule Loan to -1000 in order to create a liability.
Now the Budget Balance Sheet is correct: 1000 in Total assets and 1000 in
Liabilities, but my budget sheet shows 2000 in transfers and -2000 in Total.
And now I am totally lost, how is it possible to have a total of -2000 for a
1000 car? Am I missing some budgeting principle? Is there a bug?

Thank you for your help

NB: Saw you are from Canada and your message signature in French, my mother
tongue, but I will continue in English as I guess the solution may benefit
to others.





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