[GNC] Reconciling subaccounts

[R Losey]

Well said!

I actually have both kinds of parent accounts, as you described.

On Sat, Oct 8, 2022 at 7:39 AM David T. via gnucash-user <
gnucash-user at gnucash.org> wrote:

> John,
>
> I don't know about "typically." There are any of a number of ways that
> someone might use placeholder accounts. In my own books, I have placeholder
> accounts for brokerage holdings, where the placeholder represents an
> institution's account and the leaf accounts represent individual
> securities. I also have placeholder accounts that represent a class of
> account types-- for example, a placeholder for savings accounts at
> different institutions.
>
> The OP appears to be using the structure to implement an envelope
> allocation system, in which case the subaccounts are virtual. They want
> both the real and the virtual accounts to show that reconciliation. GnuCash
> doesn't currently do that.
>
> Whether that's a bug or a feature (and whether a sensible implementation
> can be devised to address it) is perhaps a different matter.
>
> ⁣David T.
>
> On Oct 8, 2022, 9:17 AM, at 9:17 AM, John Layman <
> john.layman at laymanandlayman.com> wrote:
> >Typically, the place holder account represents an institution, not an
> >account.  I have never seen a bank statement that presents rolled up
> >account totals at the institution level.  Each checking account,
> >savings account, money market account, CD holdings, installment loan
> >accounts, etc. are presented separately (even if within the same
> >document) with beginning and ending balances shown separately for each
> >such account.  Balancing could be an absolute nightmare if you had to
> >track down a discrepancy in conglomerated the numbers.
>
-- 
_________________________________
Richard Losey
rlosey at gmail.com
Micah 6:8