[GNC] Ideas and recommendations for community project

[gibelium at gmx.net]

Your suggestion sounds interesting, although in my case I have to map
the side of the provider of the investment, because the community wants
to "sell" shares to members, right? So, in the example, the community
would be the hotel itself, which offers shares and wants to record them
either as income or as open receivables.

One way to map this scenario could perhaps be:
Assets:Community-Shares: holds the shares that the community offers.
Income:Community-Shares: holds the membership payments already made for
shares
Assets:Accounts-Receivable:Community-Shares: holds the outstanding
receivables for shares that have already been sold

There would then be the cash flows "Assets:Community-Shares ->
Income:Community-Shares" for paid amounts and "Assets:Community-Shares
-> Assets:Accounts-Receivable:Community-Shares" for open amounts. The
individual entries could reference the appropriate member in the
description.

The question that is still bothering me with this approach - if it makes
any sense at all - is how I can credit a posting in the
"Income:Community-Shares" account to a bank account in parallel, because
with the posting Assets:Community-Shares -> Income:Community-Shares two
accounts are already involved.

On 01.08.23 16:09, Fred Tydeman wrote:
> For a hotel being built, I bought 3 shares on credit in a private company
> In the Assets:Investment:Hotel   which is an Account Type of Stock
> I bought 3 shares with the money for those shares coming from
> Liabilities:Loans:Hotel    which is an Account Type of Liability.
>
> Then, as I get income from other places, that income is used to
> pay off the Hotel loan.
>
> So, perhaps, you could replace "Hotel" with "person1", "person2", ...
> in the above.