Ah, thanks for the clarification.

Regards,
Adrien

> On Aug 7, 2019, at 4:10 PM, Frank H. Ellenberger 
> <[email protected]> wrote:
> 
> Hi Adrien,
> 
> part of the confusion might be:
> Frank asked for the account type to create a few, which you tried to answer.
> I saw, the requested accounts were already defined in the template and
> referenced the group containing them, not the type itself.
> 
> Am Mi., 7. Aug. 2019 um 21:54 Uhr schrieb Adrien Monteleone
> <[email protected]>:
>> 
>> 
>> 
>>> On Aug 7, 2019, at 2:41 PM, Frank H. Ellenberger 
>>> <[email protected]> wrote:
>>> 
>>> 
>>> 
>>>>>>> 7 Kostpijs rekeningen                           (Cost price bills?)
>>>>> This is where I book my bikes if I buy them from my supplier during the 
>>>>> year. It will raise my Assets I suppose.
>>>> 
>>>> These are the invoices from the supplier or the value of the bikes 
>>>> themselves? If the bikes, that would be inventory above, if the invoices, 
>>>> that would be Accounts Payable - a liability.
>>> 
>>> Not quite, while buying they increase VOORADEN, on sale they move to
>>> INKOOPWARDE VAN DE UMZET.
>> 
>> So Cost of Goods Sold? That would be an expense account. Curious that NL 
>> mixes purchases (inventory) with COGS rather than separating them out.
> 
> No, it is the same:
> VOORADEN/Inventory: Activa/assets
> INKOOPWARDE VAN DE UMZET/Cost of Goods Sold: Kosten/expense
> UMZET/Goods Sold: Opbrengsten/income
> 
>> Regards,
>> Adrien
> 
> Regards
> Frank


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