[GNC] "Travel" vs. "Public Transportation"

[Patrick James]

It is not prudent to attempt to track everything, so you must make a determination as to what information will have future benefit to you. Some of that information will cost more than the benefit. In the case of this public transportation discussion, it's probably going to be difficult to show a future benefit.

This is formalized with the "cost constraint," which requires justification for accounting decisions.

> On 06/22/2026 12:33 PM PDT Adam H. Kerman <ahk at chinet.com> wrote:
> 
> What cost? There is a minimal time cost involved in thinking about how to 
> categorize expenses, but once I've created the account, it's just a matter 
> of choosing that account consistently when I enter the expenditure. If I 
> enter an expentiture, I have to choose an expense account on the debit side 
> of the ledger anyway.