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

[Stan Brown (using GC 4.14)]

On 2024-09-24 23:11, Boniforti Flavio wrote:
> Thanks for your input - it seems cumbersome to me, adding accounts for each
> instrument I buy. Nevertheless, in my accounting ignorance, I think I
> understand it and it looks very nice and detailed.

The choice is yours to make.

A suggestion: If you decide to give each instrument its own account, you
might want to create one Placeholder account, "Assets:Musical
Instruments", and then give each instrument its own subaccount,
"Assets:Musical Instruments:Cremona Violin" and so forth. That would
make it easier in reports to show total value of all instruments.

Have you ever told us which country you live in? I assumed it was not
the US, but Michael or Penny Novack's advice mentions the IRS, which is
the US tax agency.

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