[GNC] non-currency liabilities

Stephen M. Butler kg7je at arrl.net
Sun Aug 2 18:50:30 EDT 2020


On 8/2/20 8:35 AM, dann frazier wrote:
> Thanks David - yeah, negative share balances are possible. But it's
> seemingly not possible to track shares in a Liability account.


You can always treat Liabilities as a negative Asset. 


>
> On Sun, Aug 2, 2020 at 2:41 AM David Carlson
> <david.carlson.417 at gmail.com> wrote:
>> I meant no requirement to have a positive share balance.  You should be able to have a negative share balance in a security account.
>>
>> On Sun, Aug 2, 2020 at 3:37 AM David Carlson <david.carlson.417 at gmail.com> wrote:
>>> I believe there is no restriction to have a positive number of shares of a security.  After all, it is common to sell stock short (Against the box) or not.
>>>
>>> David Carlson
>>>
>>> On Sun, Aug 2, 2020 at 2:48 AM dann frazier <dannf at dannf.org> wrote:
>>>> Hi,
>>>>
>>>>   I'm trying to figure out the right way to represent a non-currency
>>>> debt in gnucash. That is, I'd like to be able to record that I *owe*
>>>> 20 shares of FooFund. I thought I'd just create a Mutual Fund
>>>> Liability account, but apparently Mutual Funds and Liabilities are
>>>> mutually exclusive. Is that restriction by design?
>>>>
>>>>   One of the reasons I want to do this is for a college fund. I'd like
>>>> to keep track of the fund value in an account, but also "keep it off
>>>> the books" in a sense when it comes to Asset vs. Liability
>>>> calculations, as I consider it both something I have and something I
>>>> owe. I tried doing this by creating an Asset account and a Liability
>>>> account that grow together, and cancel each other out, but I couldn't
>>>> get that to work since it won't let me make the Liability a security.
>>>> Is there a better way to do this?
>>>>
>>>>   -dann
>>>> _______________________________________________

-- 
Stephen M Butler, PMP, PSM
Stephen.M.Butler51 at gmail.com
kg7je at arrl.net
253-350-0166
-------------------------------------------
GnuPG Fingerprint:  8A25 9726 D439 758D D846 E5D4 282A 5477 0385 81D8



More information about the gnucash-user mailing list