[GNC] How to treat a sale which involves more accounts?

[Liz]

On Tue, 24 Sep 2024 23:15:59 +0200
Boniforti Flavio <boniforti.f at gmail.com> wrote:

> Hi Chris.
> One account for each instrument? Really? To me this sounds
> exaggerated - or am I wrong?
> F.

Quite reasonable to make one account for each asset, particularly if
your taxation needs things calculated for those assets.

Imagine that this week you are taxed on a flute differently to a pair of
cymbals. You would need different entries according to their tax class.
Of course next year the tax authority will say that wind instruments
and stringed instruments will be taxed at different rates. Now you need
to split out the Stradivarius violin from the general "instruments"
category. 
It is easier to make too many accounts and categories, because in
GnuCash we can combine them easily whether temporarily in a report or
permanently. Splitting out items from a category into subcategories is
tedious by comparison.

Liz