Need a suggestion for getting this done:

[Mark Phillips]

As far as separating the accounts, try this. YMMV, as I have not done it
before, but it should work.

1. Make two copies of your latest gnucash file. Label one personal and the
other house.
2. Open the personal file and delete all the house accounts.
3.You will end up with some unbalanced transactions. These will show up in
the Imbalance account and maybe the Orphan account. Go into those accounts
and add in the missing side of the transactions until the balance in these
accounts is zero.
4. Reconcile the accounts to make sure nothing is missing.
5. Repeat steps 2-4 for the house file.
6. Delete the combined house/personal Gnucash file.

 Should not be a big deal.

Finally, before you separate your books, take a look at DaveC49's post
above. The pattern for transactions between the house and personal accounts
most likely will not change, and once you get into the habit of thinking
about the two sides of the transaction it will become second nature. You
just have to run your contributions through an income and expense account,
all in one split, so you can always see in one place what you did in case
there are questions later.

Debit House Asset
Credit Contribution Income

Debit Contribution Expense
Credit Personal Asset

As long as you keep the fundamental accounting equation in mind, you
shouldn't make a mistake:
Assets = Liabilities + Income - Expenses.

I don't think keeping the two books in one account is that onerous. Having
done it both ways, I found that with a separate file, I sometimes forgot to
enter a transaction that I entered in the other file. It became evident
when I reconciled the accounts, but for me remembering all the transactions
I just entered into one file and then opening the other file and
re-entering the transactions again became a real pain. It is easier to look
at one transaction and make sure the accounts are correct than flip
flopping between files or screens on my computer monitor.

Good luck!

Mark

On Sat, Dec 31, 2016 at 6:43 AM, VotedMostPolite <
VotedMostPolite at budling.com> wrote:

> David,
>
>   Thank you for your post ... I did the double split however, although the
> transactions show up in partner contribution, the end result is a zero
> balance in that account.   I think that your first suggestion, keeping the
> books separate, is the better idea and one that I came up with anyway.
> Probably the same amount of work with less headache.   Is there an easy way
> to extract all of the personal account information into a new gnucash file
> without a lot of headache? I hope so.
>
>    Thanks again and have a great New Year!
>
> George
>
>
>
>
> --
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