On Mon, Jun 16, 2025 at 6:00 AM Boniforti Flavio <[email protected]> wrote:
> Hi all. > I thought I got this one sorted last year, but apparently my notes are not > correct/up-to-date... please bear with me. > > The SECOND USE CASE is (to me) a bit more complex: > - item POD, sub-account of the "EUR instrument collection", bought for 285 > Euros; > - sold the item for 630 Euros, of which 27 Euros I would spend for the > shipping; > I've done it like this: > - increase my EUR checking account by 630 Euros - the account for this > transaction is the "Item POD" one, where it gets split into 285 Euros (to > zero the value of my asset), 27 Euros to "Expenses EUR:Post:Shipping cost > of sales" and 318 Euros to "Income EUR:Music Equipment sales EUR". > The problem I'm encountering here, is the fact that in the account > "Shipping cost of sales" I have 2 transactions: an earlier one of 27 Euros > (because I had to buy the shipping label before receiving the money from > the intermediary) and then a "rebate" of 27 Euros... but this is creating a > wrong total amount for the account "shipping cost of sales"... > > Anybody willing to help me go through this? It'll be very much appreciated > (and I shall take screenshots and notes for the process, so that I can just > look them up for future transactions). > -- This all looks correct: the "shipping cost of sales" SHOULD wind up bing 0 because you didn't actually have any expense (they actually paid for it, not you). That account should show an increase when you purchased the shipping label, and then decreased back down to zero when you received their funds. If you MUST track the shipping costs, whether or not they are you receive funds, I suggest creating sub-accounts under the shipping cost; one for the expenses, and one that tracks what people paid to you. Thus, the overall account will show your net expenses (zero in the example above), and you will have an account with shipping. Personally, I wouldn't do this, but the beauty of GNC is that you can configure it to meet your needs. _________________________________ 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.
