Christopher, I think the point Ruaraidh is making here is that *their* contribution isn't income-- not the government piece. I agree this can easily be handled in one file though.
-------- Original Message -------- From: Christopher Lam <christopher....@gmail.com> Sent: Thu Apr 30 19:57:36 GMT+05:30 2020 To: Ruaraidh Sackville Hamilton <ruaraidh...@gmail.com> Cc: GnuCash users group <gnucash-user@gnucash.org> Subject: Re: [GNC] Reporting transactions On Thu, 30 Apr 2020 at 14:15, Ruaraidh Sackville Hamilton < ruaraidh...@gmail.com> wrote: > In my reply I replaced your "Income:Me" with "Assets:my bank account". The > point is that, when the SIPP is in the same GC file as my other assets, the > transaction is from one asset (the bank account I used to pay into the > SIPP) to another asset (my SIPP). It's not from an income account to the > SIPP, so it can't appear in a report of income. > It *can and should* appear in an Income report; you are enjoying a government contribution and your net worth increases as a result. It should be present in your main datafile. It's not taxable income, so, you are allowed to ignore it in your annual returns. > If I keep the SIPP in a separate dedicated GC file, then no problem: my > contribution appears in the main GC file as an expense against my bank > account and as an income in the SIPP GC file. I just wondered if there was > a way of keeping all assets in one file. > Generally you wouldn't use two files for this case. _______________________________________________ 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. _______________________________________________ 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.
