Stan, Inbound, Outbound or both?
> On 09/30/2024 11:22 AM PDT Stan Brown (using GC 4.14) <[email protected]> > wrote: > > > I would absolutely record shipping as an expense, not an asset. The > asset has value after you receive it; the shipping is "used up" the > moment the package arrives. Only things that still have value should be > listed in Assets. > > You realized there was something wrong with treating it as an asset, > when you recognized that nothing had been recorded in Expenses:Postage. > > Standard disclaimer: this is not professional accounting advice and I a > not an accountant. If this were a business rather than your personal > books you should consider consulting a professional. > > Stan Brown > Tehachapi, CA, USA > https://BrownMath.com _______________________________________________ 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.
