> > 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.
In fact this makes sense, although the account "shipping cost of sales" should simply show me how much I've spent for shipping what I sold - regardless of the incoming money to pay for it. It's always the buyer paying the shipment (whether he/she sends me the money upfront or not)... https://www.instagram.com/boniforti_music https://soundcloud.com/boniforti_music https://bonny-j.bandcamp.com Am Mo., 16. Juni 2025 um 19:33 Uhr schrieb R Losey <[email protected]>: > > > 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.
