Re: [GNC] how to remove sqlite lock

[Mark Hedges via gnucash-user]

Ooh snap... the warning came back even on the new file that I generated by
saving out to XML first.  I was using 4.10.  I upgraded to 4.13 and tried
saving out to XML and back to SQLite3 again.  It seems to work now.
Mark

On Sat, Feb 11, 2023 at 12:23 PM Mark Hedges 
wrote:

> I seem to have a stuck lock in my SQLite GnuCash book.  Every time I open
> the file, it says:
>
> GnuCash could not obtain the lock for /Users/hedges/[...]/myfile.gnucash.
> That database may be in use by another user, in which case you should not
> open the database. What would you like to do?
> Open Read-only | Create New File | Open Anyway | Open Folder | Quit
>
> I tried "Open Anyway" but it apparently does not remove the lock.
>
> Is there a way to remove locks on SQLite books?
>
> Saving as a new SQLite file did not work.  I had to save as XML, open that
> book, and save again as SQLite to get a new file that I could open without
> a lock warning.
>
> Thanks.
> Mark
>
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[GNC] how to remove sqlite lock

[Mark Hedges via gnucash-user]

I seem to have a stuck lock in my SQLite GnuCash book.  Every time I open
the file, it says:

GnuCash could not obtain the lock for /Users/hedges/[...]/myfile.gnucash.
That database may be in use by another user, in which case you should not
open the database. What would you like to do?
Open Read-only | Create New File | Open Anyway | Open Folder | Quit

I tried "Open Anyway" but it apparently does not remove the lock.

Is there a way to remove locks on SQLite books?

Saving as a new SQLite file did not work.  I had to save as XML, open that
book, and save again as SQLite to get a new file that I could open without
a lock warning.

Thanks.
Mark
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[GNC] CPA recommendations for California S-corp

[Mark Hedges via gnucash-user]

Hi... apologies if it's not right to ask for recommendations.  The list FAQ
doesn't say it's prohibited.  Can anyone recommend a CPA experienced with
S-corporations and California tax returns who can use GnuCash?  I just got
a 50 hour/week gig so I'm going to fall even further behind than I was
before.  Thanks.
--
Mark Alan Hedges
CEO Weird Vibe Inc.
+1 (310) 487-7123
https://weirdvibe.media 
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[GNC] stuck tax table object

[Mark Hedges via gnucash-user]

Hi GnuCashers,

I created a tax table and accidentally associated it with an expense
account instead of a liability account.

I edited the tax table to point to a liability account instead, and
reposted the invoice.  I also tried deleting the tax table and creating a
new tax table with a different name using the liability account, then
reposting the invoice.  Both times I reset the tax tables when I unposted
the invoice.

I can't delete the unneeded expense account.  It says that it's still
associated with a tax table object under the old tax table name, even
though there is no reference to that tax table name anymore on any invoice
or transaction.

I tried quitting and restarting GnuCash.  No luck.

How do I force it to remove the old tax table object that has no actual
referent?

Thanks.
Mark

--
Mark Hedges
CEO Weird Vibe Inc.
+1 (310) 487-7123
https://weirdvibe.media <http://weirdvibe.media>
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Re: [GNC] delete invoice or bill

[Mark Hedges via gnucash-user]

On Tue, Oct 22, 2019 at 1:13 PM Derek Atkins  wrote:
> >> The recommended procedure is to change the bill/invoice number to
> >> something like “use next”. You can additionally create a placeholder
> >> customer and vendor to assign them to if you like.
> >>
> >> Then just try to remember at some point to search for any bills/invoices
> >> numbered “use next” and edit them to reflect a real new bill/invoice.
> >
> > Instead of letting people correct bad data?
>
> This is how you correct bad data -- by re-using the underlying data
> structure.  The assumption is that the user will make more invoices, so
> re-using vs creating is not an extreme burden.

Vendor A has Job X.  I created an invoice for Vendor B and assigned
Job X.  The invoice was created for Vendor A (from the Job) but I
didn't notice, so I had to unpost it.  It's the same job from my
company's perspective, and the same person, but A was him personally
and B was his new LLC.  I wasn't able to change the vendor from the
invoice edit screen.  The erroneous invoice cannot be re-used.  I
created a new Job Y for Vendor B and created a new invoice.

Mark
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Re: [GNC] crashing trying to do a simple split

[Mark Hedges via gnucash-user]

On Fri, Aug 2, 2019 at 3:13 PM David Cousens  wrote:
>
> Mark
> If GnuCash can open and read the datafile it is unlikely to be a corrupted
> datafile. It could be a library file for Gnome GTK used in the UI has become
> corrupted if the problem occurs while trying to display a menu. A complete
> reinstall should fix that.

Thanks David Cousens,

Maybe that was it.  On the original computer where this happened, I
did the following:

1. Switched from my USB keyboard back to my bluetooth keyboard because
the numlock key was acting weird.

2. Ran Windows Update, which installed a cumulative update.

3. Printed a PDF of the PDF of the receipt I was looking at in Adobe
Acrobat while I was trying to enter this transaction, because somehow
every time I opened the original PDF it automatically opened the print
dialog, and that was weird.

Now it works.  I bet it was #2.  No more errors in the Event Viewer.

Thanks?  :-)

-Mark
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Re: [GNC] crashing trying to do a simple split

[Mark Hedges via gnucash-user]

Hello,

I don't know what the deal is.  I will test today using the same file from
a different computer.

It's possible my filesystem in the first computer has become corrupt.  It's
overdue for a disk wipe at the Microsoft store.

Seems like it has something to do with drawing the menu of transfer
accounts.  Why does it reference a gnome library in Windows 10?

--
Mark Hedges
CEO Weird Vibe Inc.
-please forgive mobile typos-

On Fri, Aug 2, 2019, 6:28 AM Derek Atkins  wrote:

> David,
>
> David Carlson  writes:
>
> > Derek,  Mark indicated that he was using either 3.5 or 3.6 in Windows 10.
>
> He did in his original message, which I didn't look at; I only looked at
> his second message, which didn't quote that portion.  That's why I
> asked.
>
> Mea Culpa.
>
> -derek
> --
>Derek Atkins 617-623-3745
>de...@ihtfp.com www.ihtfp.com
>Computer and Internet Security Consultant
>
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Re: [GNC] crashing trying to do a simple split

[Mark Hedges via gnucash-user]

On Thu, Aug 1, 2019 at 12:44 PM Mark Hedges  wrote:
>
> I'm in double-line view on a checking ledger.
>
> I enter the date, description, and amount.  Then I click split.
>
> I enter the amount for one of the split items, and click to choose an account.
>
> GnuCash completely stops and closes with no information.  This is 
> reproducable.

BTW It's not *entirely* reproducible at the same point.  Sometimes it
happens when I choose the first split account.  Sometimes it happens
when I choose the second split account.  Usually it happens when I
open the accounts menu in the split line.

I will try again with another computer later, which has not been
touched for a while.  Thank you.

Mark
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[GNC] crashing trying to do a simple split

[Mark Hedges via gnucash-user]

I'm in double-line view on a checking ledger.

I enter the date, description, and amount.  Then I click split.

I enter the amount for one of the split items, and click to choose an account.

GnuCash completely stops and closes with no information.  This is reproducable.

I upgraded from 3.5 to 3.6 just now, but no luck.  I tried save-as a
new file, didn't help.  Tried full shutdown and restart.

I see errors in the Windows 10 Event Viewer, Event ID 1000, Task
Category (100), no OpCode:

Faulting application name: gnucash.exe, version: 3.6.0.0, time stamp: 0x5d18e904
Faulting module name: libgncmod-register-gnome.dll, version: 0.0.0.0,
time stamp: 0x5d18e833
Exception code: 0xc005
Fault offset: 0x00015055
Faulting process id: 0x6ac
Faulting application start time: 0x01d5489ed2f08fe4
Faulting application path: C:\Program Files (x86)\gnucash\bin\gnucash.exe
Faulting module path: C:\Program Files
(x86)\gnucash\bin\libgncmod-register-gnome.dll
Report Id: 441a44f6-f5f0-4e26-9173-554a8d0b7ab2
Faulting package full name:
Faulting package-relative application ID:

Faulting application name: gnucash.exe, version: 3.5.0.0, time stamp: 0x5ca00e01
Faulting module name: libgncmod-register-gnome.dll, version: 0.0.0.0,
time stamp: 0x5ca00d82
Exception code: 0xc005
Fault offset: 0x00015381
Faulting process id: 0x1038
Faulting application start time: 0x01d5489debc7aa79
Faulting application path: C:\Program Files (x86)\gnucash\bin\gnucash.exe
Faulting module path: C:\Program Files
(x86)\gnucash\bin\libgncmod-register-gnome.dll
Report Id: 9380260e-5b8b-40b6-8897-c68a4ae3b6e1
Faulting package full name:
Faulting package-relative application ID:

What now?  I can't do any more work.

--
Mark Hedges
CEO Weird Vibe Inc.
+1-310-487-7123
https://weirdvibe.media
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Re: [GNC] CSV import lags and burns CPU; can't report bug

[Mark Hedges via gnucash-user]

It was super super slow... until it wasn't.  I tried the import over again
with the descriptions modified with an "x" so they don't stomp on
autocomplete for previously filed transactions.  It imported 160
transactions in about 2 seconds today.  So I don't know what was up.  Evil
gnomes?

Mark



On Mon, Apr 8, 2019 at 3:55 PM John Ralls  wrote:

> Huh. Another corner of the Windows Installer I hadn't noticed before.
>
> Fixed, will be in the next nightly build.
>
> Regards,
> John Ralls
>
> > On Apr 8, 2019, at 12:57 PM, Adrien Monteleone <
> adrien.montele...@lusfiber.net> wrote:
> >
> > GnuCash’s Bugzilla database moved to bugs.gnucash.com several moons ago.
> >
> > I can’t find any similar shortcut for bug filing on MacOS, so this is
> probably for the Windows version only. (I don’t ever recall seeing it with
> Linux versions either)
> >
> > You should file a bug on that as well, since it needs to point to the
> correct location.
> >
> > Regards,
> > Adrien
> >
> >> On Apr 8, 2019, at 1:51 PM, Mark Hedges via gnucash-user <
> gnucash-user@gnucash.org> wrote:
> >>
> >> Hi.  I'm trying to import transactions from a very simple CSV file,
> using a
> >> default account and a single transfer account in a CSV field.  I get to
> the
> >> stage to go from "Transaction Information" where it says "On the
> following
> >> page you will be able to associate each transaction to a category."
> Even a
> >> 1-line CSV test file takes about 10 or 15 seconds to get to the next
> page.
> >> With 160 transactions, the program stops responding, though it is
> burning
> >>> 30% CPU.  I assume it will finish eventually, but this process seems
> to be
> >> very inefficient.
> >>
> >> I can't seem to report a bug anymore.  I just installed GnuCash 3.5.
> When
> >> I go to Start > GnuCash > Report a GnuCash Bug (Online), this takes me
> to
> >> bugzilla.gnome.org.  It says that most projects have migrated to
> GitLab,
> >> but for GnuCash I should NOT go to GitLab.  When I try to log into
> >> bugzilla, it says "Sorry, entering a bug into the product GnuCash has
> been
> >> disabled."  However, the GitLab site linked from the BugZilla page does
> not
> >> seem to have a GnuCash project.  Where should we report bugs these days?
> >>
> >> Thanks.
> >>
> >> Mark Hedges
> >
> > ___
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[GNC] CSV import lags and burns CPU; can't report bug

[Mark Hedges via gnucash-user]

Hi.  I'm trying to import transactions from a very simple CSV file, using a
default account and a single transfer account in a CSV field.  I get to the
stage to go from "Transaction Information" where it says "On the following
page you will be able to associate each transaction to a category."  Even a
1-line CSV test file takes about 10 or 15 seconds to get to the next page.
With 160 transactions, the program stops responding, though it is burning
>30% CPU.  I assume it will finish eventually, but this process seems to be
very inefficient.

I can't seem to report a bug anymore.  I just installed GnuCash 3.5.  When
I go to Start > GnuCash > Report a GnuCash Bug (Online), this takes me to
bugzilla.gnome.org.  It says that most projects have migrated to GitLab,
but for GnuCash I should NOT go to GitLab.  When I try to log into
bugzilla, it says "Sorry, entering a bug into the product GnuCash has been
disabled."  However, the GitLab site linked from the BugZilla page does not
seem to have a GnuCash project.  Where should we report bugs these days?

Thanks.

Mark Hedges
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[GNC] how to share style sheets between computers in GnuCash 3.1?

[Mark Hedges]

Hi.

I store my v3.1 books in Google Drive.  I use the Backup & Sync plugin to
share them between different computers.  The plugin syncs a desktop folder
to Google Drive.  I use it like a normal file in Windows File Explorer.
When the file changes, it uploads or downloads the new version
automatically.

I created a style sheet on one computer using Edit > Style Sheets.
However, the style sheet does not appear when I open the book on another
computer.

I see some files in $HOME/.gnucash, like a file stylesheets-2.0.  That file
appears to only have default style sheets.

I see a .gcm file in .gnucash/books named for my book that was saved
recently, but not near the time I made the style sheet.  (On that note,
this also seems to have book-specific settings in it, including account
hierarchy ordering... why wouldn't this information be saved in the book's
XML file to remain portable?)

I can't find any files in .gnucash that were saved after the time I created
the style sheet, so I guess it is not stored there anymore after v.3.0.

Where are the stylesheets?  How do I make them portable between computers?

Here's my vote to make style sheets part of a book XML file so they go with
the book.

It would also be nice if book-specific style sheets could be exportable to
their own file to import them under a different book.

Also, the Help button under Edit > Style Sheets doesn't do anything.

Thanks.
Mark


--
Mark Hedges
CEO Weird Vibe Inc.
+1-310-487-7123
https://weirdvibe.media <http://weirdvibe.media>
[image: Weird Vibe Inc.] <https://weirdvibe.media>
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Re: info about action field in double-line view

[Mark Hedges]

Thanks all.

I don't understand the difference between "cleared" and "reconciled"
in Gnucash context.  Someone mentioned that one changes R from "n" to
"c" when they see the charge in their bank statement or online
banking.  How is that different in terms of information flow from
using the reconciliation feature to do exactly the same thing?  I
still end up having to cherry-pick individual transactions to make the
balance work out.

Regarding the Num field, I understand that this would be a check
number if anyone paid for much with checks anymore.  For checking visa
or ACH transactions, am I supposed to record the transaction number
from the bank online balance sheet or statement?

Thanks.

Mark
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Re: info about action field in double-line view

[Mark Hedges]

Oh so I should use the R column for checking against the bank web site
or statement, instead of putting a checkmark in the notes column like
I have been :-)

Still not sure what 'Action' is supposed to describe on an entry that
is not split, or even what it means on a split item, but thanks for
the reference.

Mark
--
Mark Hedges
CEO Weird Vibe Inc.
+1-310-487-7123
https://weirdvibe.media



On Sun, Jan 21, 2018 at 6:54 PM, Dave H <hell...@gmail.com> wrote:
> Try clicking in the Action field - it displays a drop down for transaction
> type etdc.
>
> R = Reconciled and has values of N (New ?) / C = Cleared / R = Reconciled.
>
> A dunno I only ever use "Basic Ledger" view :-)
>
> Check out https://code.gnucash.org/docs/C/gnucash-guide/txns-registers1.html
> for a bit more detail...
>
> Cheers Dave H.
>
>
> On 22 January 2018 at 10:03, Mark Hedges <mark.hed...@weirdvibe.com> wrote:
>>
>> Hi.  I view my checking account ledger in Basic Ledger mode.  I choose
>> View > Double Line View.  This opens up the "Notes" line for each
>> entry, which is helpful.
>>
>> It also shows an "Action" field underneath the "Num" field.  Where is
>> this described in the manual?  What is the purpose of the Action
>> field?
>>
>> On that note what is the purpose of the Num field?  To enter check
>> numbers?
>>
>> It also has R and A fields.  "R" field is automatically filled with
>> "n" for each transaction.  "A" field is blank.  What are these for?
>>
>> Thanks.
>> Mark
>>
>> --
>> Mark Hedges
>> CEO Weird Vibe Inc.
>> +1-310-487-7123
>> https://weirdvibe.media
>> ___
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>
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info about action field in double-line view

[Mark Hedges]

Hi.  I view my checking account ledger in Basic Ledger mode.  I choose
View > Double Line View.  This opens up the "Notes" line for each
entry, which is helpful.

It also shows an "Action" field underneath the "Num" field.  Where is
this described in the manual?  What is the purpose of the Action
field?

On that note what is the purpose of the Num field?  To enter check numbers?

It also has R and A fields.  "R" field is automatically filled with
"n" for each transaction.  "A" field is blank.  What are these for?

Thanks.
Mark

--
Mark Hedges
CEO Weird Vibe Inc.
+1-310-487-7123
https://weirdvibe.media
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Re: Reports with Month-end rather that Month-start

[Mark Hedges]

Not sure about what to do in GnuCash, but the logic is simple to code with
a good date/time library to work with.

In Perl, for example, you'd do something like:

my $dt = DateTime->new( year => $year, month => $month, day => 1 )
->add( months => 1 )
->subtract( days => 1 )
;
say $dt->ymd('-');
# or
say $some_datetime_formatter->format_date($dt);

Pretty sure this will get the right answer every time.  Other people
smarter than me have usually worked out how to do neat things like this in
handy libraries, in whatever language.

HTH.
Mark



On Sep 5, 2017 8:03 AM, "David T. via gnucash-user" <
gnucash-user@gnucash.org> wrote:

> Ken,
>
> I don’t know where in the code base you want to look—but I will note that
> “the last day of the month” is more difficult to calculate than “the first
> day of the month.” The first day is always number 1; the last day varies
> month to month. I know some software packages make use of a conceptual
> "zero day of a month” to equate to the day before the first, but I do not
> know whether that convention applies in the GnuCash/Scheme. Not being a
> GnuCash programmer, I’ll let someone else with more experience weigh in.
>
> David
>
> > On Sep 5, 2017, at 7:47 PM, km22  wrote:
> >
> > Hi Gnucash community,
> >
> > I want to start editing -- and eventually creating -- my own reports and
> > figures.  I think one place for me to start learning is by playing with
> > some existing report settings -- such as the report date functionality.
> > Currently when I run a report with a "monthly" period I get the 1st day
> > of each month.  How could I edit the report settings so I get the last
> > day of each month instead?  (I am a Windows 7 user if that makes a
> > difference on where to find/edit files.)
> >
> > Thanks,
> >
> > Ken
> >
> >
> >
> > ___
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> > -
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Re: Budget Slowing Down Windows 10

[Mark Hedges]

I didn't forget.  I just didn't want to, because I don't really know
if this is on the right track.  On mailing lists in general, I am
tired of getting negative responses for offering suggestions or asking
questions.  So why bother addressing messages to people other than the
ones I'm replying to.

Mark
--
Mark Hedges
CEO Weird Vibe Inc.
+1-310-487-7123
https://weirdvibe.media



On Sat, Sep 2, 2017 at 5:46 AM, Phil Longstaff <phil.longst...@gmail.com> wrote:
> Don't forget to reply to the whole list.
>
> On Thu, Aug 31, 2017 at 6:50 PM, Mark Hedges <mark.hed...@weirdvibe.com>
> wrote:
>>
>> FWIW I noticed several problems with open source programs in Windows 10.
>> Could it be a graphics library implementation issue?  I wonder if you would
>> get the same problem using Developer Mode and the Ubuntu Subsystem for
>> Windows with VcXsrv on the same file and filesystem.  If it works correctly
>> in the Ubuntu Subsystem, I'm not sure what that would mean, but it might
>> help you track down the problem.  Thank you SO MUCH for your extremely
>> beneficial work.  I donated.  :-)
>>
>> Mark
>>
>> --
>> Mark Hedges
>> CEO Weird Vibe Inc.
>> +1-310-487-7123
>> https://weirdvibe.media
>>
>>
>> On Tue, Aug 29, 2017 at 6:24 PM, Phil Longstaff <phil.longst...@gmail.com>
>> wrote:
>>>
>>> I am aware of the very slow performance with budget. I have some ideas to
>>> improve it but have not found time to put into it. It seems to only
>>> affect
>>> Windows. It runs fine on linux.
>>>
>>> Phil
>>>
>>> On Fri, Aug 25, 2017 at 1:55 PM, Proberts042 <probert...@gmail.com>
>>> wrote:
>>>
>>> > Slow to me is several minutes.
>>> >
>>> > I have installed GnuCash on a Linux operating system (Ubuntu) and it
>>> > seemed
>>> > to work well. However, did not try the Budget feature there. I would
>>> > like
>>> > to
>>> > use an open source operating system but sharing word processor files
>>> > with
>>> > my
>>> > teachers and students proves difficult because Google Drive and
>>> > LibreOffice
>>> > render Word tables remarkably differently than Microsoft, and even make
>>> > changes so that the documents are really different when run in Windows
>>> > again. I know of no way to get around this. I hope that these problems
>>> > are
>>> > solved in the near future as I would love to use Linux machines
>>> > exclusively.
>>> > We want to move more toward open-source software systems. GnuCash, even
>>> > with
>>> > its limitations running in a Windows environment, is great (except for
>>> > Budget). We have also started using OpenSiS-CE for our school
>>> > information
>>> > management system.
>>> >
>>> > So I guess I will wait for the software experts to see what they can do
>>> > about this Budget thing. I would really like to use this feature for
>>> > planning.
>>> >
>>> > Thanks for your help
>>> >
>>> >
>>> >
>>> > --
>>> > View this message in context: http://gnucash.1415818.n4.
>>> > nabble.com/Budget-Slowing-Down-Windows-10-tp4693398p4693425.html
>>> > Sent from the GnuCash - User mailing list archive at Nabble.com.
>>> > ___
>>> > gnucash-user mailing list
>>> > gnucash-user@gnucash.org
>>> > 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.
>>> >
>>> ___
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>>
>>
>
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Re: amortize loss on pre-incorporation expenses?

[Mark Hedges]

On Tue, Aug 22, 2017 at 5:06 AM, Mike or Penny Novack
 wrote:
>
>> ...
>> The accountant said I can amortize the loss until future years and
>> claim it as an expense on a future year's tax return.
>>
>> How do I account this in GnuCash?
>
> I will give the same answer to this as I give to similar questions. Your real 
> problem is NOT about how to account for this using gnucash but in not knowing 
> how to account for this in ANY method of doing double entry bookkeeping. In 
> other words, if you knew what transactions you would be entering were you 
> keeping your books the old fashioned way, pen and ink on paper, you would 
> probably see how to enter those transactions using gnucash.  Gnucash 
> partially automates the process, keep the books in balance (avoids 
> transcription errors),and produces report, but it can't tell you what 
> transactions you should be entering.
>
> Either have your accountant show/tell you, or get a text "accounting for the 
> S corporation" and look up amortized losses. I'm not doing accounting for any 
> for profit corporations and so would have to look it up myself. And even if I 
> knew off the top of my hat, am not qualified to give that sort of advice. 
> Knowledge of tax law with regard to S corporations is necessary to know how, 
> and to what extent, you can defer passing through gains and losses << S 
> corporations are taxed more like partnerships are taxed than how regular 
> corporations are taxed >>
>
> Michael D Novack

Of course, you are right.  I will consult a CPA.  Thanks.

Mark
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Re: amortize loss on pre-incorporation expenses?

[Mark Hedges]

On Mon, Aug 21, 2017 at 5:18 PM, Mark Hedges <mark.hed...@weirdvibe.com> wrote:
> Hi, so, thanks for an amazing accounting program.  I'm still learning
> how to use it.
>
> Over the past few years, I personally paid artists to produce comic book art.
>
> I created an S-corporation to finish the work and publish.
>
> An accountant recommended that I transfer the intellectual property,
> tangible artwork, script copyrights etc. to the new corporation in
> exchange for shares of stock equal to what I paid for it previously,
> i.e. if I spent $5000, I will exchange for 5000 shares.
>
> I will have very little personal or business income this year, so
> claiming this as a loss on taxes this year will not be helpful.
>
> The accountant said I can amortize the loss until future years and
> claim it as an expense on a future year's tax return.
>
> How do I account this in GnuCash?

Maybe in this case, I would have $5000 as an Equity > Capital Assets
or Equity > Project Asset, and then a $5000 Expense for the "value" of
the exchange of stock on the bill of sale for the stock-for-asset
exchange?

Or would it just go under Assets, in a special account for
intellectual property assets?

Of course I know it's not worth anything "real" until I sell issues,
derivations, etc., but the point is how to account and write off the
prior expense properly.

Thank you.

Mark

--
Mark Hedges
CEO Weird Vibe Inc.
+1-310-487-7123
https://weirdvibe.media
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amortize loss on pre-incorporation expenses?

[Mark Hedges]

Hi, so, thanks for an amazing accounting program.  I'm still learning
how to use it.

Over the past few years, I personally paid artists to produce comic book art.

I created an S-corporation to finish the work and publish.

An accountant recommended that I transfer the intellectual property,
tangible artwork, script copyrights etc. to the new corporation in
exchange for shares of stock equal to what I paid for it previously,
i.e. if I spent $5000, I will exchange for 5000 shares.

I will have very little personal or business income this year, so
claiming this as a loss on taxes this year will not be helpful.

The accountant said I can amortize the loss until future years and
claim it as an expense on a future year's tax return.

How do I account this in GnuCash?

Thanks.
Mark
--
Mark Hedges
CEO Weird Vibe Inc.
+1-310-487-7123
https://weirdvibe.media
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