How do I create an Expense sub-account?

[Wm]

In article <571F4B1B.3090506 at suddenlink.net>
Larry Evans <cppljevans at suddenlink.net> wrote:
>
> On 04/22/2016 06:01 AM, Wm wrote:
> > In article <3177829.xAqeKoqjjn at calufrax.nottingham.standbyevents.co.uk>
> > "Maf. King" <maf at chilwell.net> wrote:
> >>
> >> On Wednesday, 20 April 2016 07:59:05 BST Larry Evans wrote:
> >>
> >>> Maf, I tried creating a Equity account called Parent1.  Then I tried to
> >>> create a subaccount to that one, but GC only let the subaccount be
> >>> another Equity account.  IOW it wouldn't allow Asset or Liability or
> >>> Income or Expense as the type of the subaccount of Parent1.
> >>>
> >>> :(
> >>
> >> Ah, just a dim memory, sorry for the noise.
> >
> > It can work from an acounting POV in that all the accounts under
> > equity are just T-accounts in effect and Income and Expenses are a
>
> Wm, would you please supply some definition of what a T-account is?

I see you've answered that yourself.  But a bit more ... T-accounts 
are the name of the things you'll quite often see people here say 
debit this and credit that, they're a representation of how double 
entry book keeping works and, for the purposes of this thread, 
agnostic of purpose.  i.e. a T-account (as written down) needn't be 
an Asset or Expense or an anything.  It is just an account.  This 
is convenient in undertanding double entry transactios as well as 
abstracting whether something is actually an Asset or Equity, and 
other fun stuff as you can do the transactions first and wonder at 
a trial balance stage where they belong.

GnuCash is unconventional compared to many accounting applications 
in that it allows you to move accounts about inside the accounts 
tree and generally makes a pretty good job of it, if you choose to 
experiment usual rules about making a backup before doing things 
you are uncertain about apply.  I tend to go further and play with 
a copy first.

> > kind of Equity account anyway.  So if you have small
> > unconventionally nested account structures Equity is the place to
> > put them.  Anything more substantial and you probably wouldn't
> > bother as you don't have the convenience of GnuCash knowing about
> > an accounts special treatment for reporting.
> >
>
> I've tried to do as you describe in the following .gnucash file:
>
> https://www.dropbox.com/home/Public?preview=family.AllEquityType.gnucash
>
> Is that about what you had in mind Wm?

At the moment I'm getting my dropbox home (which obviously doesn't 
have that file) rather than yours if I try that URL.  You are 
welcome to send me the file directly by e-mail, the tcnw81 address 
works.  I'll have a look and reply in public.

-- 
Wm