On Sunday, 11 February 2018 04:22:43 GMT Norbert Klein wrote: > I am a complete newcomer to GNUcash, using version 2.6.19 on Windows 10. > > My name is Norbert, living in the countryside in Cambodia. > > This is my first posting. > > Apologies for my very simple question. I would appreciate to get help. > > I live on a farm – we produce, sell, and buy vegetables, fruits, and > handicrafts. > > When I set up a GNUcash system it created an Expense and an Income > section, and under them I created specific accounts and sub-accounts. > > When I now enter something like “Selling vegetables” I can enter the > price under “Charge/Income” into Income. - When I enter something like > “Buying vegetables” I can enter the income under “Expense/Rebate” into > Expenses (and as a double-entry to Cash, increasing or decreasing). > > The same for fruits, and for handicrafts. > > But could I instead set up an account “Vegetables” where I can enter > both BOUGHT Vegetables and SOLD Vegetables? (same for fruits and > handicrafts) > > When I tried to create such an account, I can select only ONE Account > Type: Expense or Income. > > Please kindly advise. > > > Norbert >
Hi Norbert. Welcome to the list. Let me start by saying that you should have started a new thread for your question and not hijacked the existing thread, which is about something completely different. It would have made your question easier to find if anyone else ever has the same question in the future. You can do what you want, but I think it would be a bad idea. If you have an account Income:Vegetables, you can record expenses to that account, effectively it would be "negative income" though. The reason I think it would be a bad idea is that it would make it very hard to see how much you have spent (or earned) in total on vegetables, or to compare year to year totals etc. If this is a business that would need to fill in tax forms for the government, then what you suggest would certainly not be approved by the tax people, and might even be illegal depending on your local rules (you'd have to ask a local accountant about your local rules). HTH, Maf. -- Maf. King PGP Key fingerprint = 8D68 A91F 733B 2C1F 43B7 2B7C E591 E8E1 0DE7 C542 _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
