[GNC] gnucash suggestions

[Stan Brown (using GC 4.14)]

It would seem more straightforward just to have separate books for the
two funds.

That's pretty standard in UK government accounts, for instance: Capital
Account and Revenue Account. (That's if we can believe /Yes, Minister/,
but Margaret Thatcher called it "the best documentary the BBC ever made".)

Stan Brown
Tehachapi, CA, USA
https://BrownMath.com/

On 2024-03-17 14:36, J. A. Harris wrote:
> On 3/17/24 15:54, Michael or Penny Novack wrote:
>> Your lack of accounting and understanding of the history of double
>> entry is confusing you. ...
> ..
>> Thus for an event were EXPECTED to make a profit for the organization,
>> I'd make them all of type "income". Understand?
> 
> Yes, I do understand.  The purpose of the INC+EXP would not be to put
> entries in.  It would be a placeholder account, under which there would
> be Revenue and Expense accounts.  I can think of many situations where
> that would be desirable.  Here is one. HOAs frequently use "fund"
> accounting where there is an "Operating Fund" and a "Reserve Fund". 
> Each of those funds have Income and Expenses (along with other things). 
> So you might see a structure like this.
> 
>    Top
>    ├── Operating
>    │   ├── Assets ?
>    │   ├── Equity ?
>    │   ├── Income
>    │   │   ├── Expenses
>    │   │   └── Revenue
>    │   └── Liabilities ?
>    └── Reserve
>         ├── Assets ?
>         ├── Equity ?
>         ├── Income
>         │   ├── Expenses
>         │   └── Revenue
>         └── Liabilities ?
> 
> In that type of situation, a General account type is useful for the
> Operating and Reserve placeholder account and an Inc&Exp type is useful
> for the accounts called Income. (Even if you do not want want both
> Expenses and Revenues under the placeholder account named Income, you
> still cannot put them under Reserve.)
> 
> Are you saying you have never found an occasion where it would be useful
> to have an upper-level account above a group of accounts, some of which
> were Income and some were Expense?
> 
> On 3/17/24 15:54, Michael or Penny Novack wrote:
>> Those are "commodities"
> 
> I am aware of that.  Currencies, Funds, and NYSEs are all particular
> types of Commodities. There is no current support in gnucash for
> defining Commodities other than those three types. Since for things like
> airline points, it seemed to me their operational characteristics as
> they are used in gnucash are the same as Currencies, I thought it would
> be easiest to implement them by adding support for them under the
> existing Currency category.  If you prefer, the name could be changed to
> Currencies & Other Things.  Or a fourth category could created, although
> that would probably increase code complexity  But all that is detail,
> which I did not feel needed to be addressed at this point.
> 
> -- 
> ----
> Dr. J. A. Harris
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