[GNC] Financial Account Structure for Australian Shares and EFTs

[Liz Dodd]

On Sat, 28 Aug 2021 17:50:53 +1000
"Chris Good" <goodchris96 at gmail.com> wrote:

> Hi Flywire,
> 
> I think you're probably right that Franking Credits should be income,
> but for my personal accounts, it doesn't matter.
> I also tried searching for Franking Credits (including
> site:lists.gnucash.org in the search string as recommended) but
> doesn't seem to work. Strange...
> 
> Regards, Chris Good

Currently in Au they are subtracted from taxable income, but this is a
political decision, where logic is not required.
Because its a political decision any account tree needs to be capable
of being revised when some other group runs the country.

Liz