Subsidiary virtual accounts

[David T.]

Assets:Household Checking
Assets:Art Checking

Income:PersonA
Income:PersonB

Expenses:PersonABus:Equipment
Expenses:PersonABus:Supplies
etc….
Expenses:PersonBBus:Equipment
Expenses:PersonBBus:Supplies
etc….
Expenses:Tax:PersonA:TaxA
Expenses:Tax:PersonA:TaxB
Expenses:Tax:PersonA:TaxC
etc….
Expenses:Tax:PersonB:TaxA
Expenses:Tax:PersonB:TaxB
Expenses:Tax:PersonB:TaxC
etc….

I have used something like this for some time now; of course, your needs may be different. 

As for your comments regarding larger organizations, GnuCash is not intended for use in those types of organizations; it is targeted to small businesses and individuals.

David

> On Jan 16, 2017, at 6:33 PM, virtual <cliff at oneuk.com> wrote:
> 
> Mike and Liz, thanks for your replies. In my case, there are transactions
> between the household account and the art account, these having their own
> separate cheque accounts at the bank. My self-employed business does not
> have its own bank account - money goes into and out of the household cheque
> account, but it needs to be accounted separately for tax purposes.
> 
> I also would like to keep tabs on how much overall we are making or losing.
> 
> Three separate files may be the only way but it seems clunky. In a larger
> organisation there may be many subsidiary activities that need to show their
> own income and expenditure. I'm just surprised that apparently it's not
> possible with this package. If there is way to do this I would like to find
> out how.
> 
> 
> 
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