GnuCash lets you create any account you want and put it (pretty much) wherever you want.
Contra-Accounts are sometimes desired to be where they are as true contra-balanced accounts. Others prefer or need them on the opposite side of the equation. I think the user should decide, and not be prompted by the software or overridden by the software. If you would prefer a contra-asset to be a liability, then simply create a liability account instead and place it there. While the idea is basically sound, it isn’t necessary to accomplish the task and introduces complications and more code to maintain. In short - we can do what we need to do without any fluff now. Regards, Adrien > On Aug 2, 2018, at 2:10 PM, Christian Kluge <frakturfr...@gmail.com> wrote: > > Am 02.08.2018 um 16:41 schrieb Mike or Penny Novack: >> On 8/2/2018 9:21 AM, Adrien Monteleone wrote: >> >>> I have sent an email to the Australian and New Zealand Chartered >>> Accountants asking them the question. >>> >>> I will let you know what they say. >>> >>> Kind Regards, >>> >>> Murray >> >> This is something we here in the US can't help much on because we do not >> have "two way checking accounts". We might have checking accounts with >> "overdraft protection" but with those the credit balance situation is >> assumed to be temporary. We might have lines of credit accounts against >> which checks can be written (normal way to make disbursements from the >> account) but with these the balance is almost never* debit, the account >> a liability. What we don't have is accounts designed to be used either way. >> >> Michael D. Novack >> > > > In Germany this account would also be listed as a liability on the > balance shield. > > In fact the accounting program I use at work lets you select secondary > account types so that accounts with a negative balance get assigned a > new position on the other side of the balance sheet. > > Maybe this could also be a possible idea for GnuCash. > > Kind Regards, > > > Christian Kluge > > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
