[GNC] Investments: Bank, Asset or Equity?

[arctostaphylos]

I'd also note that having a bank account within a brokerage account is
common. Most brokerages have the ability to "sweep" cash balances into and
out of a linked bank account. That account is part of your total investment
balance. If you don't have a sweep account, then you'd need an account for
cash held by the broker in between transactions.

As for the Mutual Fund account type, that's useful for direct fund
investments that are not done through a broker.

GnuCash - User mailing list wrote
> I'd just note that there is a Mutual Fund account type (although
> functionally, I believe they are equivalent to Stock accounts).
> 
> 
> -------- Original Message --------
> From: viking <

> viking2ev at .rr

> >
> Sent: Sat Mar 27 21:33:59 EDT 2021
> To: 

> gnucash-user@

> Subject: Re: [GNC] Investments: Bank, Asset or Equity?
> 
> @Christopher,
> If I have multiple Banks, Brokerage Accounts and Stocks, would the
> following
> structure work fine?
> 
> Assets (Top-level Parent) = Asset [placeholder]
> ---Current Assets = Asset [placeholder]
> ------Bank 1 = Bank [placeholder]
> ---------Account 1a = Bank
> ---------Account 1b = Bank
> ------Bank 2 = Bank [placeholder]
> ---------Account 2a = Bank
> ---------Account 2b = Bank
> 
> ---Investments = Asset [placeholder]
> ------Brokerage Accounts  = Asset [placeholder]
> ---------Brokerage Account  1 =Asset [placeholder]
> ------------Linked Bank 1 = Bank
> ------------Mutual Funds 1 = Stock [placeholder]
> ---------------Mutual Fund 1a = Stock
> ---------------Mutual Fund 1b = Stock 
> ------------Stocks 1= Stock  [placeholder]
> ---------------Stock 1a = Stock 
> ---------------Stock 1b = Stock 
> ---------Brokerage Account 2 =Asset [placeholder]
> ------------Linked Bank 2 = Bank
> ------------Mutual Funds 2 = Stock [placeholder]
> ---------------Mutual Fund 2a = Stock
> ---------------Mutual Fund 2b = Stock 
> 
> Thank you for your help! I want to make sure that I set this up correctly
> from the beginning before starting to import data. If I make a mistake, I
> assume that I can easily change the type after importing the data?
> 
> 
> 
> 
> --
> Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html
> _______________________________________________
> gnucash-user mailing list

> gnucash-user@

> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> If you are using Nabble or Gmane, please see
> https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
> 
> _______________________________________________
> gnucash-user mailing list

> gnucash-user@

> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> If you are using Nabble or Gmane, please see
> https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.





--
Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html