How do I create an Expense sub-account?

Larry Evans cppljevans at suddenlink.net
Wed Apr 20 08:31:10 EDT 2016


On 04/20/2016 06:23 AM, Larry Evans wrote:
> On 04/20/2016 04:52 AM, Ian K wrote:
>  > You can't have an Income/Expense type account as a sub-account of an
>  > Asset/Liability type. The total balance wouldn't make any sense.
>  > You would need to split this into two top-level accounts, for example:
>  >
>  > Kid1 Accounts (type Asset)
>  >   - Create sub-accounts for actual accounts/credit cards etc.
>  > Kid1 Income/Expense (type Income or Expense)
>  >   - Create sub-accounts for Income and Expense.
>
> So, to be complete, the accounts would be (with a little
> renaming for clarity and additions to model N kids):
>
>    Parent1_Assets/Liabilities (type Asset or Liability)
>     - Create sub-accounts for actual accounts/credit cards etc.
>    Parent1_Income/Expense (type Income or Expense)
>     - Create sub-accounts for Income and Expense.
>    Kid1_Assets/Liabilities (type Asset or Liability)
>     - Create sub-accounts for actual accounts/credit cards etc.
>    Kid1_Income/Expense (type Income or Expense)
>     - Create sub-accounts for Income and Expense.
>    Kid2_Assets/Liabilities (type Asset or Liability)
>     - Create sub-accounts for actual accounts/credit cards etc.
>    Kid2_Income/Expense (type Income or Expense)
>     - Create sub-accounts for Income and Expense.
>    .
>    .
>    .
>    KidN_Assets/Liabilities (type Asset or Liability)
>     - Create sub-accounts for actual accounts/credit cards etc.
>    KidN_Income/Expense (type Income or Expense)
>     - Create sub-accounts for Income and Expense.
>
> Now, one reason Mr. Kelem wanted this instead of have N+1
> separate gnucash files was so that:
>
>     transfers between the accounts would be easier
>
> I would guess one such transfer might be:
>
>    Parent1_Assets:Bank1 -> Kid1_Income:Cash

OOPS.  I guess that should be:

   Parent1_Assets:Bank1 -> Kid1_Assets:Cash

But how would an allowance be modeled?  From the
Kid's viewpoint, it's income, but really it's just
a transfer of cash assets from Parent1 to KidI's cash
assets.





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