Derek Atkins wrote:
>
> Still, what does it mean to have a transaction in "Taxes", or
> "Income"? Transactions really should be in the leaf nodes, like
> "Salary" or "FICA". It's the same thing as I propose, just different
> names on the folders (parent accounts). It doesn't matter what the
> organization is (or the account names), I still maintain that
> transactions should only be in leaf nodes, and that 'folders' should
> be the summation of it's children, but should never have transactions
> itself. If it turns out that you do not have a leaf account to handle
> the particular item, then maybe you should have a 'misc' account.
>
Consider this: I have an investment account which I put money into
monthly. In turn, money in the investment account is used to purchase
mutual funds and stock. To keep track of this, I transfer money into
the parent account which then uses additional transactions to purchase
funds/stock. In addition, the investment account may maintain a cash
balance.
This is a case where I need to have transactions in parent accounts.
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