Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread Stan Brown (using GC 2.6.19)
On 2023-01-12 21:08, Stan Brown wrote: > And speaking of distributions, did you miss the note I posted at 11:33 > this morning (Pacific time)? I really don't know why you have no choice > about having withholding taken from an IRA distribution. You can > _choose_ to do it, or you can file

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread Stan Brown
On 2023-01-12 20:55, David T. via gnucash-user wrote: > Two separate entries. In my mind, this would best be put in one transaction, > to make the association obvious. > > CR - Assets: IRA $1000 > DB - Assets: Checking $1000 > DB - Income: Deferred Income $1000 > CR - Income: IRA Distribution

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread Stan Brown
On 2023-01-12 20:19, R Losey wrote: > Let me write through a couple of cases. In the first one, I'm selling > $1000 worth (10 shares) of security A and having it go directly to my > checking account with no income tax withholding. (some of these may be > USA-centric terms; I apologize for that).

Re: [GNC] GnuCash 4.900 Released

2023-01-12 Thread Fred Tydeman
I have installed Fedora 37 with Gnome to a different partition (so I can run different versions). When I try to follow the instructions in https://wiki.gnucash.org/wiki/Flatpak, to install the beta, I get: [tydeman@x1car2 ~]$ flatpak remote-add --user --if-not-exists flathub

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread David T. via gnucash-user
Two separate entries. In my mind, this would best be put in one transaction, to make the association obvious. CR - Assets: IRA $1000 DB - Assets: Checking $1000 DB - Income: Deferred Income $1000 CR - Income: IRA Distribution $1000 * * Income: IRA Distribution is used to document the

Re: [GNC] exporting from gnucash to Excel

2023-01-12 Thread David T. via gnucash-user
Indeed. I don't have to comply with this either, but it seems to me that "pressing a button" to export to Excel provides exactly the same automated reliability as CTRL-C/CTRL-V (two buttons, if you will) into Excel. The data in both cases will have the same reliability. ⁣David T. ​ On Jan

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread Milton Stern
Hi Everybody, I must thank you (David T., Michael D Novack, Stan Brown, Richard Losey, if I missed someone it was unintentional) for your excellent insights! I believe that I have my answer of how to enter the transaction and what account structure I require if I want the transactions to show

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread R Losey
Thanks for all of the information... however, getting back to the original question, I'm not sure how to record IRA taxable distributions. I thought I was doing it, but I am apparently not. Let me write through a couple of cases. In the first one, I'm selling $1000 worth (10 shares) of security

Re: [GNC] exporting from gnucash to Excel

2023-01-12 Thread Adrien Monteleone
Do a list search on this topic. I'm pretty certain someone has a solution already worked out. I recall several threads over the last 2 years or so about this. Apologies, but I don't use this myself, so I can't comment further. Regards, Adrien On 1/12/23 8:05 AM, Paul W via gnucash-user

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread Adrien Monteleone
Careful folks. This is now way beyond 'how to do this in GnuCash' and very much knee deep in realms that require (several) special pieces of framed paper hanging on walls. Regards, Adrien ___ gnucash-user mailing list gnucash-user@gnucash.org To

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread Adrien Monteleone
Thanks for the trip down Memory Lane, Michael. I had long forgotten the 'Owes/Trusts' origin of the system. I think many things are much easier to understand when you find out 'why they are'. Learning the basics of the 'old days' helped me to grok Debits & Credits many moons ago. Regards,

Re: [GNC] Request for Comments: A simple, mobile-friendly webinterface for GnuCash

2023-01-12 Thread Joshua
> Great work, this is amazing! Thanks! > This would solve the mobile access people have been asking about and > eliminate apps by going with the responsive web design. My thoughts exactly! > Question - if you have more than one book, how do you switch between them? Sadly, this is currently

Re: [GNC] Request for Comments: A simple, mobile-friendly webinterface for GnuCash

2023-01-12 Thread Glenn Fowler
Joshua, Great work, this is amazing! This would solve the mobile access people have been asking about and eliminate apps by going with the responsive web design. Question - if you have more than one book, how do you switch between them? On Thu, Jan 12, 2023 at 7:47 PM Joshua wrote: > > Good

[GNC] exporting from gnucash to Excel

2023-01-12 Thread Paul W via gnucash-user
To submit VAT data to HMRC here in the UK I am obliged to use a method which is automatic. So I need to find a way to trasnfer the balances from a couple of accounts to an Excel spreadsheet automatically ie not by copying and pasting. I need to press a button and it is done without the

[GNC] Request for Comments: A simple, mobile-friendly webinterface for GnuCash

2023-01-12 Thread Joshua
Good evening everybody, I recently built a simple web interface for GnuCash and wish to share it with you, in the hopes of receiving feedback and thougths and that it might be useful to others: GitHub: https://github.com/joshuabach/gnucash-web Demo: https://gnucash-web-demo.bachmeier.cc I

Re: [GNC] [GNC-dev] GnuCash 4.900 Released

2023-01-12 Thread David H
Hi Bob, Yes, I've just done that with the same result. Reverted to 4.13 and a saved version of my Reports - that was all good with Report configs and Finance Quote all looking good. Reinstalled the nightly version as you suggested but the results are just the same - doesn't seem to find my last

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread Michael or Penny Novack
On 1/12/2023 12:41 PM, R Losey wrote: Thanks; I know the information is out there, but intuitively, it doesn't make sense to me that depositing funds to my bank account is a "debit" transaction to the bank. It comes from the concept of credit being "added to" and debit being "substracted from",

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread Stan Brown
On 2023-01-11 19:52, Milton Stern wrote: > ** New for 2023. IRS requires the brokerage to withhold taxes from IRA > Distributions. Last year you could specify 0% withholding. > ** They don't make it so easy this year. It is sort of a double hit. > Even if you get it back as a tax

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread Stan Brown
On 2023-01-12 09:41, R Losey wrote: > Thanks; I know the information is out there, but intuitively, it doesn't > make sense to me that depositing funds to my bank account is a "debit" > transaction to the bank. It comes from the concept of credit being "added > to" and debit being "substracted

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread Adrien Monteleone
It is intuitive, but your issue is one of perspective: From *your* perspective, your bank account is your asset. You increase it *in your books* by a Debit. But from the *bank's* perspective, your account with them is their liability, and is increased by a Credit. That is why when you put

Re: [GNC] Sort order not being maintained

2023-01-12 Thread Adrien Monteleone
Please don't forget to 'reply-all' or 'reply-list' to keep the discussion on the list. -- By *per account* I don't mean per book, I mean *per account*. That is, if you sort your checking account register one way, you can sort your credit card another. The sort order can be customized for

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread R Losey
I'll try interspersing... using RL>>> On Wed, Jan 11, 2023 at 9:52 PM Milton Stern wrote: > Hi, > > Please see below > > Moshe > > On Wed, Jan 11, 2023 at 7:06 PM R Losey wrote: > >> Hello. >> >> Assuming you take out $5,000 and they withhold 10% ($500), I would use a >> split

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread R Losey
Thanks; I know the information is out there, but intuitively, it doesn't make sense to me that depositing funds to my bank account is a "debit" transaction to the bank. It comes from the concept of credit being "added to" and debit being "substracted from", I suppose. Is the "Debit on the left"

Re: [GNC] Why is this entry "in and out"

2023-01-12 Thread Murugan Muruganandam
Mahon i have attached a typical interest entry transaction for savings account as an image. Saludos Cordiales Murugan From: David Carlson Sent: Thursday, January 12, 2023 1:36 PM To: Joseph St. Denis Cc: Murugan Muruganandam ; Mahon Finbar ; Gnucash

Re: [GNC] Why is this entry "in and out"

2023-01-12 Thread David Carlson
If you change your register view to two lines, it is easier to see what's going on. On Thu, Jan 12, 2023, 9:02 AM Joseph St. Denis via gnucash-user < gnucash-user@gnucash.org> wrote: > Hello Murugan > > On the ribbon locate the spilt icon and press it you should be able to see > if the spilt is

Re: [GNC] Recommended Method of Entry for IRA Distributions

2023-01-12 Thread Michael or Penny Novack
Not being qualified as a CPA, I am loathe to advise on accounting matters (as opposed to how to do it using gnucash rather than pen and ink on paper) But THIS previous response should go a long way toward setting you on the right track because it discusses the EXACT reverse problem (when the

Re: [GNC] GnuCash 4.900 Released

2023-01-12 Thread Joseph Vernice
Thank you for the clarification. On Wed, Jan 11, 2023 at 4:14 PM Steve Butler wrote: > This is an experimental pre-5.0 release. 4.13 is for everyday use until > 5.0 comes out. > > On Wed, Jan 11, 2023, 13:11 wrote: > >> I see many references to GnuCash 4.900, but the website only has version

Re: [GNC] Why is this entry "in and out"

2023-01-12 Thread Joseph St. Denis via gnucash-user
Hello Murugan On the ribbon locate the spilt icon and press it you should be able to see if the spilt is to different locations one should be the account name and the other should be interest. If they are the same you get two entries a add and subtraction to the same account. I hope this

Re: [GNC] Why is this entry "in and out"

2023-01-12 Thread Murugan Muruganandam
Hi Mahon You need to give more details of the entry, possibly a screen shot as it is not clear When entering interest in the account create a new transaction with transfer account as income:interest Regard Murugan > On 12-01-2023, at 11:28, Mahon Finbar wrote: > > Hi, > > I have an

Re: [GNC] Why is this entry "in and out"

2023-01-12 Thread Adrien Monteleone
I'm not following exactly, but I'm guessing this is Interest paid to you? If so, the entry should be: Dr. Savings Cr. Income Just change the Opening Balances account to a relevant Income account. Regards, Adrien On 1/12/23 8:27 AM, Mahon Finbar wrote: Hi, I have an account for a savings

[GNC] Why is this entry "in and out"

2023-01-12 Thread Mahon Finbar
Hi, I have an account for a savings a/c and I want to add the latest interest entry. However, when I click the entry title it open with the balance, but when I add the interest it fills in the amount as an addition and then a subtraction and the balance doesn't change Have a the wrong

Re: [GNC] Sort order not being maintained

2023-01-12 Thread Adrien Monteleone
On a whim I just exited and restarted GnuCash and it did retain the 'standard' sort order I last set. (just as it did the first time I tested it) I'll chalk up the reversion to the crash. Note, that sort order is *per account*. Regards, Adrien On 1/12/23 2:37 AM, Dr. David Kirkby wrote: Il

Re: [GNC] Sort order not being maintained

2023-01-12 Thread Adrien Monteleone
Reasonable enough. It was a crash after all. Regards, Adrien On 1/11/23 11:13 PM, David Carlson wrote: I think that register sort order, register window size/column widths, memorized reports, open report window details and memorized CSV import settings all only get saved when doing a manual

Re: [GNC] Sort order not being maintained

2023-01-12 Thread David Carlson
Be very careful with sort order in release 4.13. I have a problem with a nightly build made on Jan 7 where it is not possible to correctly restore the sort back to the standard order after making a change. I am not sure if that issue started after 4.13 was released. Luckily it was on a test

Re: [GNC] Sort order not being maintained

2023-01-12 Thread Dr. David Kirkby
On Thu, 12 Jan 2023 at 04:27, Adrien Monteleone < adrien.montele...@lusfiber.net> wrote: > Oddly, after an unrelated crash, upon restarting GnuCash, the sort order > was back to what I had tested, rather than what I had last used. I had > to change the order again with the 'save' . (so far) >