While you can make any account structure you want, there's no need to do
so just for reporting purposes. Reports can show expenses (or anything
else) monthly, yearly, for just a few days, or one day only if you like.
Regards,
Adrien
On 8/4/20 10:07 AM, Marilyn Graves Kimple via gnucash-user wrote:
I have used double-entry bookkeeping although I am not trained. In the past I
have used what I called 'fund' accounts as sub-accounts for my equity account:
home maintenance, tithe, and emergency savings, for example. I divide my
'profits' each month and accrue them through an expense account to accounts
which are part of my total equity.
The object is to keep a running total for expenses which are typically annual
rather than a month-by-month total. Can I do this with GnuCash? I think I
really need to do this.
Setting up my accounts initially I tried setting up sub-accounts under the
parent Equity, and then under the Equity sub-account Opening Balances, and it
only allows me to transfer to Open Balances in each case. The funds in my
assets/liabilities account are not transferable 1 to 1 to one of these other
accounts.
I may have to change the way I do things, but I would really appreciate help
with this. mgk
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