On Tue, Sep 3, 2024 at 1:21 PM Boniforti Flavio <[email protected]> wrote:
> Hi all. > I've received 100 bucks from a relative as a gift, which he sent to me via > bank wire transfer. > In my GnuCash accounts I do have one called "Income:Gifts Received" and I > also of course have the "Assets:Current Assets:Checking Account", where the > money from the gift finally landed. > > How should I proceed to register this gift I received? I don't see any > reason to do a "double-entry", because the money is not coming from one of > my accounts - it's just getting INTO one of my accounts from external... > Same question for my salary, of course. > > Thanks for your help, > F. > Part of this depends upon how detailed you want to be... if, in fact, they sent $100 in cash, You would, as you correctly noted, add $100 to "Gifts Received", and then you would also increase your "Cash on Hand". If you later put the $100 cash into your bank account, that would be decreasing "Cash on Hand" by $100 and increasing your bank balance. The above assumes a cash gift; if you get a check and deposit it, then it's merely $100 to "Gifts Received" and $100 increase to your bank account. -- _________________________________ Richard Losey [email protected] Micah 6:8 _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
