[GNC] Investments: Bank, Asset or Equity?
Christopher Lam
christopher.lck at gmail.com
Sat Mar 27 20:12:28 EDT 2021
Looks like a buggy default chart of accounts.
On Sun, 28 Mar 2021, 7:01 am viking, <viking2ev at san.rr.com> wrote:
> When I create a new file (category = US) with investment accounts I get the
> following structure and types:
>
> Assets (Top-level Parent) = Asset
> ---Current Assets (sub-account) = Asset
> ---Investments (sub-account) = Asset
> ------Brokerage Account (sub-account) = Bank
> ---------Mutual Fund = Asset
> ---------Stock(sub-account) = Asset
>
> */Why is the Brokerage Account also not an Asset instead of a Bank?/*
>
> When I create a new file using a different Category (Sv language) I get the
> following structure and types:
>
> Stocks (Top-level Parent) = Equity
> ---Start-value (sub-account) = Equity
>
> */Should Stocks be Assets or Equity? I believe Stocks should be Equity? In
> this case, the US file is created incorrectly. I believe that Mutual Funds
> are also Equity?/*
>
> Does it matter what type the accounts are...?
>
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> --
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