Tom:
On 2024-01-29 12:34, Tom Balazs wrote:
I want to add accounts to my chart of accounts.
I need to add a Rollover IRA (which is a cash account).
And I need to add a Trust, which is a brokerage account (the financial
institution calls it a Resource Management Account)
On the institution's
I want to add accounts to my chart of accounts.
I need to add a Rollover IRA (which is a cash account).
And I need to add a Trust, which is a brokerage account (the financial
institution calls it a Resource Management Account)
On the institution's website I can see that it contains mutual funds,
In regard to end of year, I found the following on the web a few years back.
The last section, “The Solution,” is how I do it and it works like a charm
(but I have a very small business with very few transactions). Easy-peasy
— Jesse Ayers
GnuCash and End of Year
Posted on 22 August 11
On Mon, Jan 29, 2024 at 1:40 PM Jim DeLaHunt wrote:
> On 2024-01-29 06:04, Mahon Finbar via gnucash-user wrote:
>
> > OK, I want to do it properly, but I had an email crash and .
> >
> > So, can someone point me or send me the 'how to' for doing an end of
> > year process, where I can
As the others have noted, it may or may be not worth your time to track
this - but it is your decision.
The "Rounding" (better called "Paycheck Rounding") could probably be a
liability or an asset... possibly a sub-category of "Gross Pay" (I call
mine "Salary"). You should record both changes in
On 2024-01-29 06:04, Mahon Finbar via gnucash-user wrote:
OK, I want to do it properly, but I had an email crash and .
So, can someone point me or send me the 'how to' for doing an end of
year process, where I can 'inherit' the names from the autocomplete
from the previous years?
You
Yep, this is the 'principle of materiality' in accounting.
The precision as to what is considered 'material' or not varies by
entity, thus, some corporations don't even blink until a number gets
into the $10k or even higher range.
My personal rule is that if the amount is worth less than how
OK, I want to do it properly, but I had an email crash and .
So, can someone point me or send me the 'how to' for doing an end of
year process, where I can 'inherit' the names from the autocomplete from
the previous years?
Thanks, Finbar
___
