Re: [GNC] How to change "Unrealized Gain/Loss" to "Readlized Gain/Loss" in Balance Sheet ?

2020-04-10 Thread Michael or Penny Novack
On 4/10/2020 6:15 AM, Long wrote: Please help me. Is it possible? If yes, please give me an example . I think you do not understand the concepts.  The underlying accounting concepts as opposed to how gnucash is working. First -- do you understand the difference between "cash based" and "accr

Re: [GNC] How to change "Unrealized Gain/Loss" to "Readlized Gain/Loss" in Balance Sheet ?

2020-04-10 Thread Michael or Penny Novack
On 4/10/2020 11:32 AM, Fred Bone wrote: On 10 April 2020 at 5:15, Long said: Please help me. Is it possible? If yes, please give me an example . I told you that some days ago: enter a transaction to realise the gain/loss (maybe one per affected account). That is the "how to". But the real que

Re: [GNC] About bookkeeping and claiming non-currency expenses.

2020-04-18 Thread Michael or Penny Novack
But what lies at the other end of mileage? eg drive 20km for visiting client & back, claim $0.50/km, means you write $10 mileage claim for today and deduct what account? You can use gnucash for tracking other things just as if they were money. In other words, you can have "virtual" sets of bo

Re: [GNC] How do I post Imputed Spotify and Tip Income on Paycheck?

2020-04-18 Thread Michael or Penny Novack
On 4/18/2020 11:15 AM, jewelzee5 wrote: After the regular Earnings section of my paycheck, there are two types of "imputed" income that are reported on my paycheck: 1. Spotify Imputed 2. Imputed Tip Income I understand I might enter those amounts as a Credit in income accounts, but what account

Re: [GNC] How to record it into gnucash ?

2020-04-27 Thread Michael or Penny Novack
On 4/27/2020 6:59 AM, Long wrote: Hello, I'm not an accounting, so that why i need your help. I assumed that my friend want to pay internet bill, but he forgot his money. So i will pay it for him and take my money back later. How can i record it into gnucash ? I am doing by this way : Transfer

Re: [GNC] Help - New Computer cannot find data file

2020-04-27 Thread Michael or Penny Novack
On 4/27/2020 7:16 AM, Klod Binette wrote: Hello! I am a GnuCash user. I just got a new computer. I backed up my entire GnuCash folder in an external drive to move it to my new computer. I am unable to find the data file... GnuCash is properly installed on my new computer. So my only issue is t

Re: [GNC] Gnucash logs

2020-04-27 Thread Michael or Penny Novack
On 4/27/2020 11:56 AM, Rich Shepard wrote: On Mon, 27 Apr 2020, Frank H. Ellenberger wrote: doesn't adjusting Edit->Preferences->General:Retain log/backup files bring some relief? Frank, Not here. long ago I set log/backup retention for 1 day but they accumulate until I manually remove the

Re: [GNC] Gnucash logs

2020-04-27 Thread Michael or Penny Novack
On 4/27/2020 12:47 PM, D. wrote: However, the preference setting and storage location of log files is comparing apples and oranges, regardless of whether the setting works or not. Many people want to have their primary data file in one folder (if you take the uservoice data as any indication),

Re: [GNC] Gnucash logs

2020-04-28 Thread Michael or Penny Novack
On 4/27/2020 10:50 PM, D. wrote: Michael, I take your point; we users will often create duplicated file names for different content. I believe that many users only keep one set of books. I don't have any statistics on general GnuCash usage to be able to say whether more users have one file or

Re: [GNC] Gnucash logs

2020-04-28 Thread Michael or Penny Novack
On 4/28/2020 1:14 PM, D. wrote: Michael, I purposefully *didn't* say in this email "almost all users have only one set of books"; I said "I believe that many users only keep one set of books," and I very specifically noted that I do not have statistics regarding the uses to which gnucash is pu

Re: [GNC] Reporting combinations of accounts

2020-04-29 Thread Michael or Penny Novack
On 4/29/2020 3:21 PM, Guardrail wrote: I find it kind of weird that the law allows couples to have joint assets, liabilities, income and expenses, but doesn't allow them to report jointly for tax purposes (unless, I guess, they go into proper business partnerships and maintain formal business ac

Re: [GNC] Reporting combinations of accounts

2020-04-30 Thread Michael or Penny Novack
On 4/29/2020 6:51 PM, Ruaraidh wrote: I'm in the UK where married couples are taxed separately and have to file separately. And if you did the research you said in that you perhaps also saw reference to arranging assets (income producing assets) between the marriage partners to that into acco

Re: [GNC] Change account type by editing XML?

2020-05-02 Thread Michael or Penny Novack
For a small business I was carrying Cost-of-Goods-Sold (COGS) as an expense item.  When my CPA filed the taxes, I noticed that he placed it as a deduction to revenue.  So, after a chat with the in-house accountant, I moved COGS to be under the Income parent. Thankfully, the internal representat

Re: [GNC] Payroll Report

2020-05-03 Thread Michael or Penny Novack
On 5/2/2020 11:40 PM, D. via gnucash-user wrote: Since each of the lines has its own account, that should be eminently possible with a transaction report. I have something just like this to track my personal wage situation--a W-2 in US tax parlance. It's just a simple transaction report for th

Re: [GNC] Record Loan Interest

2020-05-04 Thread Michael or Penny Novack
Most loans (certainly mortgages) aren't allowed to grow like this, so the manual doesn't cover it. When your interest accrues, it will look like this: Credit cards, lines of credit, etc. do This is less a gnucash question than a fundamentals question, and once I show you what you might want

Re: [GNC] Record Loan Interest

2020-05-06 Thread Michael or Penny Novack
On 5/5/2020 10:30 PM, flywire wrote: Thank you. The guide explains a credit card account is a short-term loan. The Loans section probably needs a reference back to Credit Card Putting It All Together section which clearly explains Interest and Payments. Aaron describes it pretty well, a loan

Re: [GNC] warehouse Inventory

2020-05-07 Thread Michael or Penny Novack
On 5/7/2020 3:15 PM, msm1365 wrote: Hello Dear, I need to create warehouse Inventory in gnucash. how to do it? Sorry, gnucash is just accounting. I wish there were teams developing other components business users might need/want. Commercial business management packages often provide a number

Re: [GNC] Adding Transactions From Another Program

2020-05-08 Thread Michael or Penny Novack
On 5/8/2020 12:29 PM, John Ralls wrote: GNU BASH, a.k.a. the Bourne Again Shell (because it was originally a Free clean room clone of SysV's Bourne Shell) is the default shell (terminal command processor) on many Linux systems. . It has nothing at all to do with GnuCash and discussing

Re: [GNC] Transaction Report Default Account

2020-05-10 Thread Michael or Penny Novack
On 5/10/2020 3:43 AM, flywire wrote: Something must have changed eg: https://www.gnucash.org/docs/v3/C/gnucash-guide/figures/cbook_TransactionRptAssets.png I know I can change the report setting. Can someone point me to the guile file on my computer for that report? I'd like to tweak it. Quest

Re: [GNC] Transaction Report Default Account

2020-05-10 Thread Michael or Penny Novack
On 5/10/2020 3:25 AM, flywire wrote: A Transaction Report is grouped by Account. The Default Display selecting Account Name and not Other Account Name seems wrong, the whole group has that account name. The setting is contrary to the equivalent report in other Financial packages. Any concerns wit

Re: [GNC] Can't open app w MacOS Catalina

2020-05-11 Thread Michael or Penny Novack
On 5/11/2020 12:30 PM, Sean Perlmutter wrote: Thanks so much for your reply, John. It's version 2.6.18. After the OS update, the app simply won't launch. I don't know how to run it from the Terminal. -Sean Somebody here using Mac will need to help you with that << but it is less a gnucash t

Re: [GNC] Anyone using GnuCash to account for US PPP or EIDL funds?

2020-05-23 Thread Michael or Penny Novack
On 5/23/2020 11:56 AM, Adrien Monteleone wrote: To continue on Dale’s notes: Regardless of the real-world treatment of the funds, you can create a sub-account in GnuCash under your bank account and treat the funds as segregated. That will also make reporting easier as you might not need to use

Re: [GNC] How to track part of the total available assets spanning several accounts?

2020-06-01 Thread Michael or Penny Novack
On 5/31/2020 6:43 PM, Peter Azmanov wrote: While the first part (savings) can be easily tracked via accounts of this type, the second and third part aren't that obvious. I can't make a sub-account in any of the accounts above because surplus is in all of the accounts and I don't care how it's

Re: [GNC] Unable to set start and end date in Income Statement report

2020-06-01 Thread Michael or Penny Novack
On 6/1/2020 8:21 AM, David Lynch via gnucash-user wrote: Reports->Income&Expense->Income Statement then Options->General the calendar drop-downs for Start Date and End Date are greyed out, and I can't see any way to alter them. You have to first switch selection that you WANT to specify a

Re: [GNC] Unable to set start and end date in Income Statement report

2020-06-01 Thread Michael or Penny Novack
Yes, I have already tried that. Clicking the dot in the middle does nothing. Try again (you are going to  laugh at yourself when you get this) SOMETIMES this sort of "button" is what is known as "radio", two states, on or off, and you click on it to switch between state. BUT also sometime

Re: [GNC] Tracking a health reimbursement arrangement

2020-06-03 Thread Michael or Penny Novack
On 6/3/2020 4:56 PM, Duncan Johnson wrote: Hello, I am new to this list. I have not quite seen an answer to my scenario in the archives that I've seen online, so thought I'd join the list and ask. I'm in the USA, and my employer offers a Dental/Vision health reimbursement account. Each year, th

Re: [GNC] gnucash-user Digest, Vol 252, Issue 3

2024-03-05 Thread Michael or Penny Novack
On 3/4/2024 11:25 PM, R Losey wrote: Best wishes -- I'm still waiting for a check from 2018 to clear. I checked with my bank (I thought a check would not be valid after a certain time), and they said they'd honor it if it showed up today. I don't want to spend the money to issue a stop-check ord

Re: [GNC] How can I book Sales when invoice is paid vs when posted?

2024-03-05 Thread Michael or Penny Novack
I'm not going to comment on "does that sound right?" The accounts used and workflow to temporarily convert accrual to cash are an accounting matter, not a gnucash matter. As for there not being a "setting", that make no sense. The difference between "cash" and "accrual" is LOGICAL (the timing w

Re: [GNC] Bill total does not match real total

2024-03-06 Thread Michael or Penny Novack
OK, Found the bug. The problem is that the tax is totaled up using sub-penny calculations. That causes a 1.004 + 1.004 to equal 2.008 which is then rounded to 2.01. Each line should be rounded to the penny first, then rounded up. So if 1.004 is first rounded to 1.00, then that would cause

Re: [GNC] Bill total does not match real total

2024-03-07 Thread Michael or Penny Novack
On 3/6/2024 12:49 PM, Carl Linkletter via gnucash-user wrote: OK, Found the bug. The problem is that the tax is totaled up using sub-penny calculations. That causes a 1.004 + 1.004 to equal 2.008 which is then rounded to 2.01. Each line should be rounded to the penny first, then rounded up.

Re: [GNC] Bill total does not match real total

2024-03-09 Thread Michael or Penny Novack
On 3/9/2024 1:34 PM, R Losey wrote: Regarding below, perhaps Amazon does it that way because some states (locations) exempt certain items from sales tax: Wisconsin, for example, used to not tax food. In Texas also, food is not taxed. And Massachusetts does not tax food or clothing. The necessary

Re: [GNC] Bill total does not match real total

2024-03-10 Thread Michael or Penny Novack
On 3/9/2024 5:12 PM, Carl Linkletter wrote: Thanks for all that Michael. So the summary is, why would I think that one system could possibly handle all the regulations that incompetent and narcissistic bureaucrats could come up with?What was I thinking??? :-) This is equivalent to asking

Re: [GNC] Bill total does not match real total

2024-03-11 Thread Michael or Penny Novack
On 3/11/2024 10:13 AM, Alan Johnson via gnucash-user wrote: I've looked at odoo, but haven't decided to pull the trigger on it. To use the sales/accounting features you need to subscribe and I'm not ready for that yet with my business needs. Well ... if it is really "open software" they would ha

Re: [GNC] UNSUBCRIBE and Lemmy.World

2024-03-16 Thread Michael or Penny Novack
On 3/16/2024 5:40 PM, Ken Farley wrote: Unsubscribing isn't done by the list, it's just posts of questions like yours. To unsubscribe, you need to go to: https://lists.gnucash.org/mailman/listinfo/gnucash-user To be honest, I don't allow the deluge of emails to come to me, either. Too many t

Re: [GNC] gnucash suggestions

2024-03-17 Thread Michael or Penny Novack
On 3/17/2024 12:15 PM, J. A. Harris wrote: I have been using gnucash for almost 10 years now.  I have downloaded the source code and even made some changes to it that I consider improvement.  There are other changes that I think would be a good idea.  If this is not the place to share such commen

Re: [GNC] UNSUBCRIBE and Lemmy.World

2024-03-17 Thread Michael or Penny Novack
On 3/17/2024 12:39 PM, Kalpesh Patel wrote: If the e-mail client is configured via IMAP access to email server, then whatever email is deleted on your client is also removed from your server so you don't need to clean up multiple times... IMAP keeps "one" view for all of the email clients that

Re: [GNC] Help

2024-03-18 Thread Michael or Penny Novack
On 3/18/2024 8:37 AM, Kalpesh Patel wrote: No one other than your self can remove you from the list. Well.. << my last several have been straying from gnucash specific topics, so here goes again >> This would apply to ALL mail lists managed by the same mail list program. But si

Re: [GNC] Updating gnucash

2024-03-27 Thread Michael or Penny Novack
I am currently running version 4.12 for two different organizations. If I was to update to 5.12 would I just download it and install it into the same folders or would I need to transfer the data files? Nathan Because this keeps coming up ... The DATA files (your books, etc.) an

Re: [GNC] first post

2024-04-04 Thread Michael or Penny Novack
On 4/4/2024 12:44 AM, tburmas wrote: Hello,     Apologies if this is the wrong list to send this to.  I wanted to express my appreciation for this program.  I'm coming from Quickbooks which has served me well but I'm tired of the costs increasing, every few years losing support and being tied

Re: [GNC] QIF import "Unspecified" transaction

2024-04-05 Thread Michael or Penny Novack
On 4/5/2024 6:43 AM, Joseph Keithley wrote: When importing a QIF in the "Match payees/memos to GnuCash accounts" window, an "Unspecified" transaction will be listed under "GnuCash account name". When you double click on the item, a window pops up that lets you scroll through the different "accou

Re: [GNC] gnucash-devel list down?

2024-04-07 Thread Michael or Penny Novack
On 4/7/2024 9:39 PM, Bruce Schuck wrote: Odd, after sending a message to the gnucash-devel list early this morning, I received an email saying my message was in a queue because I'm not subscribed. Odd, I've been subscribed for at least a handful of years. I also notice that it does not show u

Re: [GNC] Recording transactions (date)

2024-04-09 Thread Michael or Penny Novack
That's not the difference. I understand you are using the credit card as a "30 day net" account with each vendor (I also do that) but for accounting purposes it's not the same as if each vendor were giving you a 30 day net invoice (and the bank just bundling these for a single payment of all su

Re: [GNC] Recording transactions (date)

2024-04-09 Thread Michael or Penny Novack
On 4/9/2024 12:50 PM, R Losey wrote: Thanks; I wasn't sure if those (cash vs accrual) were the correct terms. Legally, are you saying that if I write a check for $50 and send it to my uncle, it's "paid" whether or not he ever cashes it? As as aside, I am actually in this situation; I sent e che

Re: [GNC] Split Transactions Version 5.6

2024-04-10 Thread Michael or Penny Novack
Best not to think of the two sides of a transaction as "splits". In double entry bookkeeping there are ALWAYS two sides of every transaction.  It would be silly to think of every transaction as split. Confusion for new users is perhaps because gnucash allows a shortcut method of entry when the

Re: [GNC] Split Transactions Version 5.6

2024-04-10 Thread Michael or Penny Novack
On 4/10/2024 7:11 PM, Kevin Wilcoxon via gnucash-user wrote: Thank you both for your responses. I see I have been using the term "split transaction" wrong. I was using Ace Money where this term was used to signify a single transaction, say from the Checking Account, to two different categories,

Re: [GNC] Zorin os

2024-04-10 Thread Michael or Penny Novack
On 4/10/2024 10:04 PM, Adrien Monteleone wrote: The distro does not matter. (with perhaps some caveats concerning dependencies) While you technically can jump from 2.6.21 to 5.6 (current version), that isn't officially supported, nor recommended. See the Wiki FAQ about upgrading procedures from

Re: [GNC] Split Transactions Version 5.6

2024-04-11 Thread Michael or Penny Novack
On 4/11/2024 8:38 AM, Kalpesh Patel wrote: Just to add some distinction, if you are coming from Intuit's Quicken world then its split is not same as GNC's split . If you are coming from Intuit's QuickBooks, the same as gnucash. If you are coming from Intuit's Quicken, not. QuickBooks is st

Re: [GNC] What account name do you use to record the apartment/house expenses related to the building?

2024-04-16 Thread Michael or Penny Novack
On 4/14/2024 8:45 PM, Oleander via gnucash-user wrote: Hello, is "Housing" a proper account name if I want to include only my apartment expenses like Rent/Mortgage and Repairs&Maintenance? I'd like to record my Utilities expenses separately within another account so that my "Housing" account ad

Re: [GNC] What account name do you use to record the apartment/house expenses related to the building?

2024-04-16 Thread Michael or Penny Novack
or more expenses (at least interest; maybe insurance, fees, and others depending on the terms of the loan) and principal payment that reduces the loan amount. Property owners also need to distinguish between maintenance and improvements: The latter increase the value of the property, the former ar

Re: [GNC] What account name do you use to record the apartment/house expenses related to the building?

2024-04-17 Thread Michael or Penny Novack
d) What you can;t do is have it both ways. Traditional double entry bookkeeping allows only one tree structure for the CoA. To get it different in different reports you would have to BOTH set up the CoA correctly AND select just certain accounts for the report. Of course you can by running the re

Re: [GNC] What account name do you use to record the apartment/house expenses related to the building?

2024-04-17 Thread Michael or Penny Novack
If the events are fixed, such as "Memorial Day Celebration" and "Independence Celebration", you could make an expense category and then have sub-categories for it. I assume that you can run P&L on one set  of categories. Would that work? You'd have similar sub-categories. I'm pretty sure you

Re: [GNC] Recommend Accounting Books

2024-04-21 Thread Michael or Penny Novack
Please be aware that the inventory part won't be handled via GnuCash: while you can record your purchases and sales easily (e.g. buy $1000 worth of raw materials, sell $2000 worth of products), it's difficult to account for the raw materials inventory levels and products waiting to be sold, calcul

Re: [GNC] Recommend Accounting Books

2024-04-21 Thread Michael or Penny Novack
On 4/21/2024 7:48 AM, flywire wrote: A significant limitation for small business is GnuCash will not do cash accounting *and* automated sales tax. Worse than that. I do not believe Gnucash can do "automated sale tax" at all -- not in the sense that a POS system can. Gnucash can do "automated s

Re: [GNC] Identify error transaction in QIF import

2024-04-21 Thread Michael or Penny Novack
To address your specific inquiry, just looking at the line you posted, the date format looks kind of wonky. I would expect something like " 5/ 4/21" or better would be something like 2021-05-04. I don't recall if Quicken will let you specify the date format when you export to QIF (the last

Re: [GNC] can't open files

2024-04-21 Thread Michael or Penny Novack
On 4/21/2024 4:23 PM, Kenneth Maze via gnucash-user wrote: I hadn’t used gnucash for several months due to illness. I tried to open and access my data but got a message the file 'could not be found. The file is in the history list, do you want to remove it?’ I selected ‘no’ and the app quit.

Re: [GNC] Recommended Accounting Books

2024-04-22 Thread Michael or Penny Novack
I want to thank everyone for their input. I did come across this interesting book wriiten in 1868: Book-keeping By Double Entry Explained by John Findlater https://tinyurl.com/4zkws7dc -- Not necessarily a bad idea, because an understanding of the old fashioned way, pen and ink on paper, will

Re: [GNC] One LLC pay expense of another LLC

2024-04-28 Thread Michael or Penny Novack
On 4/28/2024 12:17 PM, Fred Tydeman wrote: If LLC-a pays an expense of LLC-b ie, cash from LLC-a goes to expense of LLC-b, should I also show a transfer of equity from LLC-a to LLC-b? It seems that needs to be done so that the Balance sheet for LLC-b is correct. This is an accounting problem,

Re: [GNC] Help request starting out with Gnucash

2024-05-04 Thread Michael or Penny Novack
On 5/4/2024 1:18 PM, Brian Higgins via gnucash-user wrote: I really need to talk with someone to get this right. My equity opening balance is $ 6802.59 ( close enough) on 1/1 24,  and my check register is $3892.258 on 1/1/24 and my petty cash is $5 on 1/1 /24, so why does my equity account valu

Re: [GNC] Help request starting out with Gnucash

2024-05-05 Thread Michael or Penny Novack
On 5/4/2024 10:53 PM, flywire wrote: David, the guide even warns that accounting debits and credits are used contrary to the way most people understand them. The average punter will be wrong, and if they get it right the next punter will likely bet they are wrong. Yes, depends on perspective,

Re: [GNC] Help request starting out with Gnucash

2024-05-05 Thread Michael or Penny Novack
On 5/5/2024 11:55 AM, ph hermes wrote: what are the accounts you have set up in assets? it sounds like you only have your equity balance. in my asset section, i have all my bank accounts, petty cash, etc. as well. and i have separate accounts for each of my equity assets (often sub accounts)... n

Re: [GNC] sales tax liability report?

2024-05-09 Thread Michael or Penny Novack
On 5/9/2024 2:57 AM, Deva via gnucash-user wrote: Ted, If you have setup your accounts based on suggestions in the tutorial and concepts guide, you can try the following report - Reports -> Income & Expense -> Income and GST Statement In your case, GST = Sales Tax We MIGHT need a clarificat

Re: [GNC] Use of cash discounts in business account tree

2024-05-14 Thread Michael or Penny Novack
On 5/14/2024 8:52 PM, nisp1953 wrote: OS; OpenBSD 7.5 GENERIC.MP#82 amd64 Gnucash Ver.: GnuCash 5.5 Build ID: 5.5+(2023-12-16) I have set up a simple business account tree using the wizard. I have Cash Discounst under expenses like so: \/ Expenses Bank Service Charge $0.00 Ca

Re: [GNC] Simultaneous access

2024-05-15 Thread Michael or Penny Novack
On 5/15/2024 6:02 PM, Chris Miller wrote: Hi Folks, Can I store my GnuCash "books" on a server, or a NAS, and do my bookkeeping from any of my machines, meaning my windows desktop or my Linux development station? Can I do this simultaneously? The application gnucash supports multiple sequenti

Re: [GNC] Use of cash discounts in business account tree

2024-05-15 Thread Michael or Penny Novack
Thank you Michael. I was unsure of how to use this in a double entry account. WHen I get a discount from a wholesaler, then there is a credit to Cash discounts, which is an expense. There is also a corresponding debit to my checking account. When I issue a site wide discount there is a debit to t

Re: [GNC] Simultaneous access

2024-05-16 Thread Michael or Penny Novack
On 5/16/2024 2:17 PM, David G. Pickett via gnucash-user wrote: Yes, if gnucash was running as a remote service, it might be able to deal with multiple users.  Imagine that gnucash becomes a web service and the user interface is a relatively simple web page.  Even in this scenario, you would ne

Re: [GNC] Transferring Gnu Cash Data to New Computer

2024-05-17 Thread Michael or Penny Novack
On 5/15/2024 9:07 PM, Gary Slade wrote: I need to transfer Gnu Cash data from my old Mac to my new Mac. How do I locate the data? Regards, Gary Slade Pioneer, CA I need to transfer a data file, a data directory, all of my user data, to a new machine << in other words, not really a gnucash s

Re: [GNC] [gnc] Forecasting savings

2024-05-22 Thread Michael or Penny Novack
On 5/22/2024 1:48 AM, Adrien Laveau wrote: Hello community, I would like to know what is the best way (if there is) to project savings evolution in gnc based or scheduled transaction (income, tax, average spending, loan etc...). The goal is ti properly budget and know if at some time a more impo

Re: [GNC] Using GnuCash with charity restricted and unrestricted funds, advice wanted

2024-05-25 Thread Michael or Penny Novack
You did NOT have to have separate books! In ONE set of books you can have as many "bank accounts" in the ledger ans you have bank accounts. Just give them different names so that you can tell them apart. We may have some difficulties with cross pond differences in language. Thus your "current

Re: [GNC] Using GnuCash with charity restricted and unrestricted funds, advice wanted

2024-05-26 Thread Michael or Penny Novack
On 5/26/2024 10:24 AM, (Alan) David Smith wrote: Dear Sir/Madam, I am an FCCA in England and an ex PCC treasurer. The main point to bear in mind about funds is that they must be accounted for Separately. They do not have to be represented by separate bank accounts, but it may advisable in Cer

Re: [GNC] Using GnuCash with charity restricted and unrestricted funds, advice wanted

2024-05-26 Thread Michael or Penny Novack
On 5/26/2024 1:37 PM, Michael Hendry wrote: Hi, Michael, We’ve corresponded about this in the past. I was keen to keep track of restricted funds within GC in a way which would make unspent restricted income persist as restricted funds beyond the year end, and you suggested the use of a Liabil

Re: [GNC] Using GnuCash with charity restricted and unrestricted funds, advice wanted

2024-05-27 Thread Michael or Penny Novack
On 5/27/2024 9:12 AM, Edward Bainton wrote: How about this: You have to know that first, then ask, "How do I accomplish this using GnuCash?" Think of funds accounting as different colours of money. Every account and every category can include any colour of money. I need the gross figure for

Re: [GNC] Reconciliation Roll Back (Peter Cuthbert)

2024-05-29 Thread Michael or Penny Novack
Useful hint (when making backups, any, not just gnucash) My suggestion would be to take a copy of your actual data file and put it somewhere safe before you do anything further Remove any uncertainty about what back-up is which. Include the Julian date in the name of the file. Thus if I were m

Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts

2024-05-31 Thread Michael or Penny Novack
You aren't going to be happy with the answer. Well, part it. See, without realizing it, you are asking for TWO things: 1) Can I have these multiple "entities" in one set of books, be able to have, for example, assets for entity one, assets for entity two, etc. The answer to THAT question is

Re: [GNC] Adding ASSETS & LIABILITIES to sub accounts

2024-06-01 Thread Michael or Penny Novack
I doubt it. If they are all reported as part of the one tax return they are enterprises rather than entities. Entity finances are normally kept separate with separate tax returns, bank accounts and cashbook files (despite what can be done). How reported on taxes not a factor on whether multiple

Re: [GNC] Need help with eBay - tagging multiple sales into one payout hitting checking two business days later

2024-06-01 Thread Michael or Penny Novack
On 6/1/2024 4:39 PM, David G. Pickett via gnucash-user wrote: I like to record my checks written on the day they were written, not cashed, but am frustrated that then I cannot check when they cleared! Well technically should be recorded when delivered, with delivered meaning "constructively d

Re: [GNC] Delete acct + move txns - can't specify acct

2024-06-03 Thread Michael or Penny Novack
On 6/3/2024 12:28 PM, Kalpesh Patel wrote: Is there any reason why not just simply rename account and then re-parent the account to where you actually want the transaction to show in the account list rather than delete the account and move the transactions during delete? Well -- the person is

Re: [GNC] Clearing filters on account registers

2024-06-10 Thread Michael or Penny Novack
  We kept the file in Dropbox, and it worked fine just as long as only one of us used the file at a time.  We tried this with Gnuj Cash, and it did appear to work.  The files would synchronize. But then, it seemed that the files were not synchronizing correctly. So We decided to keep the files o

Re: [GNC] Zeros in Balance sheet

2024-06-20 Thread Michael or Penny Novack
On 6/20/2024 10:03 AM, Fred Tydeman wrote: Fedora Linux 37 GnuCash 4.14 Doing Reports: Assets&Liabilities: Balance Sheet In the Options: Display: I uncheck Include accounts with zero total balances I check Omit zero balance figures If I take the default of 3 Levels of subaccounts the report ha

Re: [GNC] Credit and Debit Columns in Journal View

2024-06-26 Thread Michael or Penny Novack
On 6/25/2024 3:10 PM, rudy beuc wrote: I'm treasurer of a volunteer group. I've been using Quickbooks, but now need to transition to Gnucash before I hand over the position to someone else. Currently trying to work with version 5.6 for Windows 11. Ive been watching The Busy Bee's YouTube vide

Re: [GNC] Credit card reconciliation - starting balance

2024-07-02 Thread Michael or Penny Novack
On 7/1/2024 2:25 PM, Tommy Trussell wrote: In addition to the comments below, you will need to make sure you entered the transactions in the correct columns. Make sure the account was correctly set up as a liability account (so its ending balance will decrease your overall net assets balance). W

Re: [GNC] How to handle recurring transactions with currency conversion

2024-07-04 Thread Michael or Penny Novack
On 7/3/2024 5:14 PM, R Losey wrote: Just to keep them separate, I would use usd_amount and chf_amount for the variables. I kind of ignore the currency exchange rate... I enter everything as USD because I live in America, and my bank accounts and credit cards are in USD. So, if I have a euro tra

Re: [GNC] Can I have two GnuCash releases installed in Windows 11

2024-07-04 Thread Michael or Penny Novack
You also  didn't specify whether you meant two versions both usable OR simply leaving an old version available for a quick build back out. The reason I hate answering questions like this is if you don't already know how you shouldn't try it. So I'll only give hints. The installer of the new ve

Re: [GNC] More than 4 files

2024-07-07 Thread Michael or Penny Novack
On 7/7/2024 8:29 AM, Fred Tydeman wrote: Is there a way to have the list of files/books have more than 4? Let's make sure what you are asking. First -- that list is NOT how many files (sets of books) you can have. It is just a "most recently open" list. So it provides a shortcut method of se

Re: [GNC] New accounts don't show up in GC

2024-07-15 Thread Michael or Penny Novack
On 7/15/2024 12:06 PM, Deva via gnucash-user wrote: New accounts you create won’t show on the account tree because by default View->Filter By option is set to hide zero balance accounts. Try entering some transactions in the new account. Then it should show up with View->Refresh. Cheers. Pe

Re: [GNC] Basic Question (I hope) - End of Year Procedure

2018-12-24 Thread Michael or Penny Novack
On 12/24/2018 4:22 AM, David Cousens wrote: Jenny As well as the wiki that David T mentioned the help manual also has a section on closing the books: I will add something to this because of your "no magic undo button" There sort of is. You can always make a copy of a file before you do some i

Re: [GNC] Basic Question (I hope) - End of Year Procedure

2018-12-24 Thread Michael or Penny Novack
On 12/24/2018 3:45 PM, Colin Law wrote: I don't do this, for me there is no point. It is possible to view or report on only transactions within a date range if one wants so I don't see the advantage of closing the books. If you do then you loose easy access to the history, so for example when t

Re: [GNC] Basic Question (I hope) - End of Year Procedure

2018-12-25 Thread Michael or Penny Novack
On 12/25/2018 4:45 AM, Colin Law wrote: You could be right though, perhaps the Close Books feature built into the s/w does what she wants. Colin Because I don't use it, I don't know what gnucash's "close the books" actually does BUT what I described (entering a giant split transaction that

Re: [GNC] Basic Question (I hope) - End of Year Procedure

2018-12-26 Thread Michael or Penny Novack
On 12/25/2018 1:53 PM, John Ralls wrote: That’s pretty much what the GnuCash close books function does. IIRC it’s two transactions, one for income accounts and one for expense accounts. Regards, John Ralls As I noted before, were I doing it manually, I would probably use two transactions als

Re: [GNC] Basic Question (I hope) - End of Year Procedure

2018-12-28 Thread Michael or Penny Novack
On 12/27/2018 7:31 PM, David Cousens wrote: This was why accountants introduced an artificial 13th month into the financial year so that all closing transactions were forced to occur fater any other transaction that occurred within the year. Any required adjustments to the accounts are also usu

Re: [GNC] Gnucash-created "closing" entries

2018-12-30 Thread Michael or Penny Novack
On 12/29/2018 6:13 PM, David Cousens wrote: Stan, The main thing is your books are telling you what you need to know and it is working for you. i get your point about net worth. It should be possible to generate a custom report which will just calculate that without having to close all the equi

Re: [GNC] Balance Sheet Report keeps listing all my individual stocks

2019-01-01 Thread Michael or Penny Novack
On 1/1/2019 10:32 AM, Stephen Knapp via gnucash-user wrote: Hello. I am having a problem that all my individual stocks are showing up in my Balance Sheet report. I have a hierarchy with INVESTMENTS (Asset): BROKER ACCOUNT(Asset): COMPANY A (Stock), COMPANY (Stock), etc. I have tried all differ

Re: [GNC] Balance Sheet Report keeps listing all my individual stocks

2019-01-01 Thread Michael or Penny Novack
On 1/1/2019 1:59 PM, Stephen Knapp via gnucash-user wrote: @Michael. Thank you for the response. I have toggled through all the options in the reports. Selecting and deselecting subtotals. I have also tried putting the individual stocks at different levels in the hierarchy. No matter the "opt

Re: [GNC] Loan Mortgage repayment assistant problem

2019-01-09 Thread Michael or Penny Novack
On 1/8/2019 11:50 PM, John Ralls wrote: The answer is probably in app-utils/calculation. All of that was probably written before Guile grew a rational number class and I think that GncNumerics get converted to doubles before being passed to the interest functions. That would pretty much guaran

Re: [GNC] Copying settings, layout, and colors to another computer

2019-01-17 Thread Michael or Penny Novack
On 1/17/2019 5:55 PM, Tim Kallmer wrote: What folder or files can I copy from one Ubuntu to another to avoid having to set up settings, layout, and colors again? Both have 3.4. Question --- is there some reason why you DON'T want to be moving some of your user data from one to the other? Whene

Re: [GNC] Copying settings, layout, and colors to another computer

2019-01-18 Thread Michael or Penny Novack
On 1/17/2019 6:31 PM, Adrien Monteleone wrote: I have sometimes wanted to migrate my data and my desired configs without carrying over configs from no longer used apps, thus trimming cruft for a *fresh* start. Yes indeed, that is a time when I also might want to do such "clean up". BUT (and

Re: [GNC] Cash Account Question

2019-01-23 Thread Michael or Penny Novack
On 1/23/2019 10:25 AM, Adrien Monteleone wrote: Yep, I’m one of those. I track every expense, entered from *where* I spent the funds. So if the money was the green folding kind (or coin) out of my wallet or pocket, I have an account for that. If I move money to/from my wallet, I track that too

Re: [GNC] lost data

2019-01-25 Thread Michael or Penny Novack
On 1/24/2019 10:55 PM, Chris Good wrote: Hi John, I'm pretty sure there is no secret list of all the gnucash data files you've opened. This is not a different problem than finding OTHER data on your computer (data created by other apps, say a document created by a word processor). Your operati

Re: [GNC] Other Income Account

2019-01-26 Thread Michael or Penny Novack
On 1/26/2019 9:51 AM, Lorrie Laskey wrote: Hi all, My "Other Income" account is showing bank transfers from a fried to my bank account when reimbursing me for, say, shared vacation costs. It is not income but reimbursement of some sort, isn't it? Should this be categorized as income? No. If

Re: [GNC] PDF export of reports

2019-01-28 Thread Michael or Penny Novack
On 1/26/2019 10:57 AM, Raimund Strehl wrote: If I am not mistaken the same problem occurs when printing the report from Gnucash using print to pdf or to a printer. I think this is an issue that should have high priority as the export and print functions are rendered unusable by this. Any coder

Re: [GNC] Transferring portion of mutual fund account to another fund account

2019-02-05 Thread Michael or Penny Novack
On 2/4/2019 8:09 PM, David Carlson wrote: If you are in the US and both funds are within the same custodial account the answer is trivial, just sell one and buy the other. It only matters when you withdraw cash. If you are somehow moving shares from one custodian to another, that is more compli

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