AH ....... "ordinary income" "extraordinary income" ........
So this really had nothing to do with order in the closing transactions except you wanted to use that order in some way for another purpose?
It really helps, when people want to do something that they ask about that something instead of deciding that they might do that something using some method but that method doesn't quite do all they need it to do so they instead ask about that.
Since I was mainly doing organizational bookkeeping, this is a COMMON matter. Ordinary vs extraordinary income (or expenses). At the very least going to need annotation in the "Statement of Revenues and Expenses". Do note, however, that if this is a frequent issue, I would question what is meant by ordinary vs extraordinary.
Thus an organization usually getting ~$100,000 of income gets a large donation from the estate of a long time member of $200,000. How will this be handled? Even if there were no strings attached, the BoD is very likely to be attaching some, creating a special fund, etc. Or an extraordinary expense, say the result of embezzlement.
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.
