Hans Fugal wrote: >See Ross's comments, with the additional reason that taking stuff "out" >of your bank account without really taking it out of your bank account >makes statement reconciliation a pain (extraneous information). > >I think you also made a mistake: > > > >>Balance: >> Bank: $975 (equity $975) >> Gas: $25 (gas bills $25) >> >>Net worth = Equity (assets-liability) >> $950 (Assuming no other bills :D ) >> >> > >That should be bank/equity: 950, gas/bills: 25, total 975 > > You're right, I typed it too fast. Calculated as I typed assumes that you have to spend the othe $25 on gas. So it's your ending amount, not the current amount.
As for the budgeting abilities of GnuCash, that is why I switched back to Quicken :) -Dennis /* PLUG: http://plug.org, #utah on irc.freenode.net Unsubscribe: http://plug.org/mailman/options/plug Don't fear the penguin. */
