[GNC] Can a bank account have sub-accounts?

[Mort Q]

Thanks Rich.
I thought of something like that, but I can't see how it works when I pay a
bill, for example.
e.g. The money for the new widget comes out of the widget asset account,
and the bank account isn't debited, so GnuCash doesn't have a record that
matches the bank statement any more.  That was the thinking that led me to
wonder about the extra asset accounts being under the main bank account.

Does that make sense?
Cheers
Mort

On Tue, 14 Mar 2023 at 00:03, Rich Shepard <rshepard at appl-ecosys.com> wrote:

> On Mon, 13 Mar 2023, Mort Q wrote:
>
> > I act as Treasurer for a community organisation, and want to look for a
> > way that GnuCash can subdivide the money in the bank account into planned
> > expenses e.g. a few members do ongoing fund raising for equipment, so
> > could I make a sub-account of the bank account called "Equipment
> > enhancement"? When making a deposit, allocate that money to
> > "Assets:Current Assets:Bank Account:Equipment Enhancement" instead of the
> > currently-used "Assets:Current Assets:Bank Account".
>
> Mort,
>
> Why not have multiple asset accounts? For example, "Checking," "Equipment,"
> "Petty Cash?" When you make a deposit you can split it among all pertinent
> accounts.
>
> They're not sub-accounts of a checking account, for example, but idividual
> accounts. It's similar to a set of expense accounts; e.g, Rent, Utilities
> (which would have sub-accounts for Electric, Gas, Water, Garbage or
> whatever
> utility expenses you have), Repair & Maintenance, etc.
>
> HTH,
>
> Rich
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