How do I create an Expense sub-account?

Larry Evans cppljevans at suddenlink.net
Wed Apr 20 16:17:20 EDT 2016


On 04/20/2016 10:27 AM, ph hermes wrote:
> you have to move the money out of one type of account into the other. the
> children of the parent are the same type of account (i.e. expense/ income).
> so the money is in your wallet. then you transfer it to expense/ allowance,
> where it is no longer your asset/ equity.
>
>          ph
>
>

I'm sorry Paula but I still don't understand.
Is there anyway you can post an actual example such
as I've done on my Dropbox?  I feel sure that would
help a lot in my understanding.

Thanks for the effort :)

-Larry

>
>
> ~:~:~:~:~:~:~:~:~:~:~:~:~:~:~:~:~:
> writer ~:~ photographer ~:~ book designer
> resident manager
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>
> On Wed, Apr 20, 2016 at 7:17 AM, Larry Evans <cppljevans at suddenlink.net>
> wrote:
>
>> On 04/20/2016 07:46 AM, yary wrote:
>>
>>> It's a split transaction: The transfer of assets from Parent1 to Kid1
>>> is also Parent1's expense and Kid1's income.
>>>
>>> Conceptually, I think of an allowance as a recurring bill from Kid1 to
>>> Parent1- that would let you set up all the accounts once and every
>>> time the bill is due, GnuCash would account for the asset, expense,
>>> and income adjustments. But I am *very* new to GnuCash and can't tell
>>> you how to do that.
>>>
>>> (I am in the process of loading GnuCash with transactions, bills,
>>> invoices from another system- just a couple days into using it.)
>>>
>>> -y
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>>> I've tried to do this here:
>>
>> https://www.dropbox.com/s/r0qp1199b9i1xtt/family_subaccounts.gnucash?dl=0
>>
>> however, I'm unable to get Kid1's allowance (and income) to
>> come from Parent1's Cash In Wallet :(
>>
>> Maybe someone else can show how this could be done?
>>
>> -regards,
>> Larry
>>
>>
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