As I also have an account for "Postage expenses", how would I have to register the 10 bucks I spent for shipping, so that it also accounts towards the postage expenses in general?
As I have been doing books for 501(c)3 organizations, an issue (printing and postage is a line item on the 990/990-EZ)
In traditional double entry bookkeeping there can be only one CoA hierarchy.
You would need to divide "shipping" into two child accounts <<one for postage; the other for non-postage shipping expenses>>. You would of course have a bunch of "postage" children scattered among expense accounts. You could produce a report containing just these (and their total) using an "Statement of Revenues and Expenses Report" (what a non-profit calls "Profit and Loss") by including Just these accounts for postage).
Michael D Novack _______________________________________________ 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.
