[GNC] Deleting an account

[R Losey]

Excellent (thanks!) - I'm going to make use of hiding old accounts!

On Sat, Apr 15, 2023 at 10:24 PM Gyle McCollam <gmccollam at live.com> wrote:

> After it is hidden you can still get to it by going to the accounts page,
> "view/filter by", then select the "other" tab and click on "show hidden
> accounts"
>
> Thank You,
>
> *Gyle McCollam*
>
> Gyle McCollam
>
> gmccollam at live.com <gmccollam at gyleshomes.com>           email
> ------------------------------
> *From:* gnucash-user <gnucash-user-bounces+gylemc=gmail.com at gnucash.org>
> on behalf of R Losey <rlosey at gmail.com>
> *Sent:* Saturday, April 15, 2023 11:14 PM
> *To:* G R Hewitt <hewittgr at gmail.com>
> *Cc:* gnucash-user at gnucash.org <gnucash-user at gnucash.org>
> *Subject:* Re: [GNC] Deleting an account
>
> For old, unused accounts, say closed credit cards, I created a placeholder
> in Credit Cards called "ZZZ_closed" and then edit the closed credit card to
> make it's parent directory ZZZ_closed. That way, I keep all of the
> transactions, but it isn't in the current list.
>
> Hiding sounds better, as long as there is some way to get at it after it is
> hidden.
>
>
> On Sat, Apr 15, 2023 at 2:27 AM G R Hewitt <hewittgr at gmail.com> wrote:
>
> > I agree with Michael on this, deleting accounts has a knock on effect
> that
> > isn't always apparent.
> > In one firm I worked for, the GM took it upon himself to delete a load of
> > customer accounts that were at zero when I was away.
> > This was Sage Line 50, it totally screwed the accounts but was not
> apparent
> > at the time.
> > Deleting the accounts is akin to tearing the pages out of a journal; best
> > to 'hide' them as suggested.
> >
> >
> > On Fri, 14 Apr 2023 at 23:32, Michael or Penny Novack <
> > stepbystepfarm at comcast.net> wrote:
> >
> > > On 4/14/2023 4:51 PM, Gyle McCollam wrote:
> > > > I have a fixed asset account for an automobile with subaccounts for
> the
> > > purchase cost and depreciation.  I am selling this car and purchasing a
> > new
> > > car. How do I delete the old car from my COA without messing up the
> > > financials as there have been debits and credits to the 2 subaccounts.
> > The
> > > parent account at this point has a zero balance as the vehicle is fully
> > > depreciated.
> > > >
> > > You don't delete it (it would indeed mess up all those transactions)
> > >
> > > It's no longer needed, balance is zero, just HIDE it. Do note that if
> > > you dispose of this fully depreciated asset for a gain, you will have a
> > > capital gain to record that transaction << but that wouldn't involve
> > > this account >>
> > >
> > >
> > > Michael D Novack
> > >
> > >
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>
> --
> _________________________________
> Richard Losey
> rlosey at gmail.com
> Micah 6:8
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-- 
_________________________________
Richard Losey
rlosey at gmail.com
Micah 6:8