[GNC] Why is part of a split registered as "rebate" in the Transfer account?

Boniforti Flavio boniforti.f at gmail.com
Mon Nov 25 12:27:25 EST 2024


Hi Stan.
You're right - it's not GNC, it's my (lack of) accounting knowledge. I
might give a repeated read of chapter 2 - in the meantime I am still
thankful for all the people on this list who are giving advices and helping
me (and others) out.
F.

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Am Fr., 22. Nov. 2024 um 21:40 Uhr schrieb Stan Brown (using GC 4.14) <
stan+gc at fastmail.fm>:

> On 2024-11-22 10:57, David Cousens wrote:
> > This is where you need an accountant in your jurisdiction. It all
> > depends on the business legislation and taxation legislation and often
> > on regulations and past court decisions and on the exact form of
> > agreement you reached with the buyer and the documentation of that that
> > you have.
>
> Quite possibly. IIRC, Flavio isn't operating a business, but we don't
> know whether Switzerland imposes any tax on these private sales.
>
> What Flavio _does_ really really need, in my opinion, is to read Chapter
> 2 of the Tutorial and Concepts Guide, and read it again until he's
> mastered it. He would save himself a lot of confusion if he would get
> absolutely clear in his head about debits versus credits, and the effect
> of a debit or credit on each type of account. Instead, it seems
> to me that he's just throwing splits together and then asking on this
> list about one transaction after another. Asking about every tree is not
> an efficient way to learn about the forest.
>
> GnuCash isn't hard to use, as software goes, but it's not very forgiving
> to folks who just dive in without understanding double-entry bookkeeping.
>
> Stan Brown
> Tehachapi, CA, USA
> https://BrownMath.com/
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