[GNC] Forecasting with Commodity Future Prices

2022-06-18 Thread Samantha Ahuja
Hello. I would like to plan out future replacement of many physical assets. I am thinking of tracking them as commodities and importing future transactions, then separately importing estimated future pricing. I notice when I post an entry with a number of shares but no price, the price database

Re: [GNC] rookie question Imbalance-USD

2022-06-18 Thread David T. via gnucash-user
The confusion arises when you use "entry" for both splits and transactions in the same paragraph, as you did here. On June 18, 2022 4:57:57 PM EDT, Gyle McCollam wrote: >When I say entry, I refer to the entire transaction, but I get your point. > > > >Sent from Samsung Galaxy smartphone. > > >

Re: [GNC] Bitcoin Lightning payments

2022-06-18 Thread Michael or Penny Novack
On 6/18/2022 2:00 PM, Adrien Monteleone wrote: I'm not arguing anything. I'm simply passing along what I've seen the devs talk about in prior threads. Of course, if they have time out of their day coding GnuCash to chime in, I'm sure they can enlighten you more on the issues they have to

Re: [GNC] Bitcoin Lightning payments

2022-06-18 Thread HSC
> > Message: 7 > Date: Sat, 18 Jun 2022 09:43:13 -0400 > From: Michael or Penny Novack stepbystepf...@comcast.net > > To: gnucash-user@gnucash.org > Subject: Re: [GNC] Bitcoin Lightning payments > Message-ID: 55b50d3d-18ce-8176-01d1-39616d6b1...@comcast.net > > There is a (potential)

Re: [GNC] rookie question Imbalance-USD

2022-06-18 Thread Gyle McCollam
When I say entry, I refer to the entire transaction, but I get your point. Sent from Samsung Galaxy smartphone. Original message From: "David T." Date: 6/18/22 4:24 PM (GMT-05:00) To: gnucash-user@gnucash.org, Gyle McCollam , David Carlson , Kevin T Cc:

Re: [GNC] rookie question Imbalance-USD

2022-06-18 Thread David T. via gnucash-user
Gyle, Whether you delete the imbalance account or not once it is empty is a user preference. Some dislike seeing the imbalance account in their books, and delete it if it is empty. Others (like myself and you) leave that account in place. I leave it because it just reappears again later

[GNC] Finance::Quote v1.52 Release Candidate 1 Available

2022-06-18 Thread Bruce Schuck
Hello all, Sorry it's been a while, but a pre-release release candidate of Finance::Quote v1.52 is available from Github. https://github.com/finance-quote/finance-quote/releases/tag/v1.52-rc.1 A Github discussion for this release can be found at

Re: [GNC] rookie question Imbalance-USD

2022-06-18 Thread Gyle McCollam
I agree that the matching step is critical when importing and the proper account should be assigned during import. I also agree that the OP needs to understand Double Entry accounting better, However, if he has "empty" transactions in the imbalance account, my bet is that if he clicks on the

Re: [GNC] Bitcoin Lightning payments

2022-06-18 Thread Adrien Monteleone
I'm not arguing anything. I'm simply passing along what I've seen the devs talk about in prior threads. Of course, if they have time out of their day coding GnuCash to chime in, I'm sure they can enlighten you more on the issues they have to consider in the code, and why that decision was

Re: [GNC] rookie question Imbalance-USD

2022-06-18 Thread David Carlson
First, Imbalance-USD is not an expense account but a top level account, and it is intended to be used only when an automated function is unable to form a fully balanced transaction. You are correct that you can look under that account name to find unbalanced transactions if and when they exist.

[GNC] rookie question Imbalance-USD

2022-06-18 Thread Kevin T via gnucash-user
I have been populating my accounts with CSV.  During the import, the tool doesn't have any existing transactions to match, so most of them get assigned the expense category 'Imbalance-USD'. I am to the point of making sure that accounts are reconciled and transactions don't have left over or

Re: [GNC] Bitcoin Lightning payments

2022-06-18 Thread Dr. David Kirkby
On Sat, 18 Jun 2022 at 16:12, Adrien Monteleone < adrien.montele...@lusfiber.net> wrote: > I'm pretty sure the issue isn't GnuCash development. (based on previous > threads) The issue is that BTC and other 'coins' don't have ISO currency > codes. When/if they get one, GC will include them. > >

Re: [GNC] Bitcoin Lightning payments

2022-06-18 Thread Adrien Monteleone
I'm pretty sure the issue isn't GnuCash development. (based on previous threads) The issue is that BTC and other 'coins' don't have ISO currency codes. When/if they get one, GC will include them. Regards, Adrien On 6/17/22 11:05 PM, HSC wrote: Thank you, Michael D Novack! That's a great

[GNC] Possible Bug - Due Reminder WIndow Not Updating on Posting

2022-06-18 Thread Adrien Monteleone
It might be intended behavior, but I noticed on posting a Bill while having the Bills Due Reminder window open, the list of bills does not update to reflect the newly posted bill. It does however remove bills upon processing a payment (though per

Re: [GNC] Bitcoin Lightning payments

2022-06-18 Thread Michael or Penny Novack
On 6/18/2022 12:05 AM, HSC wrote: Thank you, Michael D Novack! That's a great solution until GNC development catches up to the crypto world: we will keep separate GNC file for each cryptoasset. The remaining problem is that Bitcoin Lightning goes to 11 decimal places, and Ethereum I think

Re: [GNC] Online crypto value quote

2022-06-18 Thread David T. via gnucash-user
Good. That eliminates my concern. I hope Julie finds a solution. On June 17, 2022 11:27:08 PM EDT, David H wrote: >I've set up BTC and ETH as Digital cash as per Julie's screenshots (I >think) and it seems to retrieve the quotes ok, see below... > >Cheers David H > >[image: image.png] > >On

Re: [GNC] Bitcoin Lightning payments

2022-06-18 Thread Dr. David Kirkby
On Sat, 18 Jun 2022 at 03:45, Michael or Penny Novack < stepbystepf...@comcast.net> wrote: > > > IF what you mean by "exclusively in bitcoin" is accounting JUST in > bitcoin, you would not have to treat it as stock/commodity evaluated in > some other currency. You could keep a set of books

Re: [GNC] Bitcoin Lightning payments

2022-06-18 Thread HSC
Yes, quite right! This workaround is for an account involving only BTC txs. Can still cross-currency by entering the rate manually, which should still be less trouble, busywork and error-prone than treating Bitcoin as a stock. Until Bitcoin is coded into GC as a proper currency and a possible

Re: [GNC] Bitcoin Lightning payments

2022-06-18 Thread Peter West
But you can’t then quotes for cross-currency values directly, because such quotes will be expressed in terms of the primary unit - BTC, for example. — Peter West p...@pbw.id.au “But when you give to the needy, do not let your left hand know what your right hand is doing, so that your giving may

Re: [GNC] Bitcoin Lightning payments

2022-06-18 Thread HSC
Unfortunately, the idea of pretending that 1$ = 1BTC doesn't work exactly as it should, because the Spend/Receive fields don't accept entries smaller than 0.01, even if smallest fraction for account is set to 1e-8. Neither does setting the decimal places to 8 in Preferences > Numbers > Decimal