Scott Haug <[EMAIL PROTECTED]> writes:
> I'm not sure why you would treat it as a liability, but to be honest
> I have no accounting background so maybe that is the best way. I
> just treat my savings goals as bank accounts. They're merely
> logical accounts used to meet a certain monetary goal, and since the
> money in a savings goal doesn't actually leave the physical account
> it was transferred from, I still consider it an asset and "Cash On
> Hand."
But if you really are transferring the money in gnucash from a bank
account to a savings account, how can you reconcile with your bank
statement each month? Those transfers will never show up in the bank
statement, and so the balance will always be wrong, or am I missing
something?
If I'm right, then to do "savings goals", we'd probably need another
abstraction. Maybe you'd have a "real balance", used for
reconciliation, that ignores savings goal transfers, and then the
"normal balance" that gnucash shows you by default that includes the
savings goal transfers. This would probably require a new account
type and some ugly, and possibly incorrect, monkeying around in the
engine. Not sure off the top of my head...
--
Rob Browning <[EMAIL PROTECTED]> PGP=E80E0D04F521A094 532B97F5D64E3930
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