[GNC] Re-arranging Imported Accounts

Steve Butler stephen.m.butler51 at gmail.com
Sat Jan 3 19:53:18 EST 2026


I think the term is "sinking fund".

On Sat, Jan 3, 2026, 08:37 Adrien Monteleone <adrien.monteleone at lusfiber.net>
wrote:

> Jerry,
>
> In that case, you aren't accruing the liability, but rather just saving
> the money.
>
> You can call that 'account' whatever you like, but you might want to
> avoid 'accrued' just so you don't confuse yourself later.
>
> You can create a sub-account of your Assets:Savings if you like to show
> yourself that the money is there and set aside, then either transfer it
> to the main account or just pay out of it directly.
>
> Regards,
> Adrien
>
> > On 2026-01-01 08:55, Jerry Criswell (JC) wrote:
> >> Maybe Accrued is a poor choice of words.  My property tax is due twice a
> >> year for over $1000 each time. I devide that number by 12 and put that
> >> amount in a savins acct so I have the full amount available when due.
> >> Less painful that way.
>
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