[GNC] Hidden accounts and balances

[Derek Atkins]

Bridgit Griffin <bridgitgriffin at gmail.com> writes:

> It's a nice way to handle joint accounts that are no longer joint yet open.
> Also, for handling very old accounts not reconciled that are closed. Plus
> during the import process from Quicken lots of transactions were removed
> from accounts. For example, anything that says cash or salary. As you all
> know Quicken allows for categories that GNUcash makes into accounts.
> They're not really accounts so what is getting closed? It was a category in
> Quicken.
>
> Why offer hidden when it's not?

It is hidden -- you wont see the account listed in the Chart of Accounts.
Youre hiding the ACCOUNT, you're not hiding the transactions stored therein.

In the case of a joint account that's no longer joint -- what happened
to the remaining funds in the account?  If you no longer have access to
them then you should remove them from your books in some appropriate way
(taking the account down to zero).

The fact that the account remains open is irrelevant if the funds are
not yours.

> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available