[GNC] Veihicle mileage cost such in HomeBank?

[Christopher Lam]

My solution is to have an Expenses:Mileage account, with an 
unused/obsolete currency, and change its symbol to "km".

I only record business mileage, i.e. description: "travel to client in 
next town", dated 01/05/2018

  * Expenses:Business:Mileage +40km
  * Equity:Mileage -40km

Thus my annual Transaction Report to accountant Expenses:Business:* will 
include aggregate amounts.

For added convenience, the currency can be converted to own currency via 
options, using currency exchange rate = official govt mileage rate, thus 
the $claimable is generated. But I'd keep in original "km" currency for 
clarity.

The disadvantage is it'll mess up net worth.

Thus there's no need to keep a separate spreadsheet.


On 26/08/18 02:32, Riccardo Delpopolo Carciopolo wrote:
> Hello Rich,
>
> thank you for the extended explanation!
> I think I would end to use a simple spreadsheet as you suggest.
>
> Regards
>
> Il giorno sab 25 ago 2018 alle ore 20:28 Rich Shepard <
> rshepard at appl-ecosys.com> ha scritto:
>
>> On Sat, 25 Aug 2018, Riccardo Delpopolo Carciopolo wrote:
>>
>>> Thank you for answering, but I could not understand the difference
>> between
>>> an accounting program and a personal finance management program. I've
>>> successfully used gnucash to track my expenses for some month, but I
>>> really miss a way to track the mileage of my car. Would be nice such
>>> functionality.
>> Riccardo,
>>
>>     Tracking vehicle milage has nothing to do with finance, bookkeeping, or
>> accounting. I recommend you use a spreadsheet to track the milage.
>>
>>> Anyway, probably I have to switch to a software that meets my needs.
>>     Your choice. For monetary data GnuCash is outstanding. For other data,
>> such as vehicle milage, a spreadsheet, database, or plain text file is more
>> apprpropriate.
>>
>>     Would you consider vehicle milage an asset, expense, liability, or
>> equity?
>> If none of the above then it does not belong in financial software any more
>> than would records of your clothing sizes.
>>
>> Regards,
>>
>> Rich
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