Ben, I have been using your "Advanced Budget" report and was wondering if you had made any updates since your last post. I agree with the comments that you made in your last post ( http://lists.gnucash.org/pipermail/gnucash-devel/2008-July/023622.html ) and wanted to add a thought about the liability question:
"Issue One: I don't include ASSET or LIABILITY accounts in the budget report even if there is a budget value for them. It would be easy enough to add them in to the report but I couldn't figure out how to deal with them in the TOTALs section. Do I subtract them from the income? Do I add the ASSETS and subtract the LIABILITIES? How do you deal with it when you remove money from the ASSET account to pay for something? These are the types of questions I couldn't come up with a good answer to. I have tried to find literature talking about how to deal with ASSET and LIABILITY accounts from a budget perspective but I haven't found anything. If you have any information or reading that would be helpful let me know." I think that it would be fair to say that if I would decrease an asset in my budget it would be an expense (towards something) and if I increased it would go towards income. Regarding a liability much the same if I decreased it would be an expense, and increased it would be "income", although obviously debt. Although, I am no CPA I do not have an "official" answer, but it makes sense to me. In a more simplified way, and the way I think that most people would do a budget count the payments to a liability as an addition to your expenses and the math will roll on from there. With all of that said, what are the odds of you adding Liabilities to the report with them impacting expenses. :-) Regards, Andre Powell _______________________________________________ gnucash-devel mailing list gnucash-devel@gnucash.org https://lists.gnucash.org/mailman/listinfo/gnucash-devel
