Thanks for the answer Michael. Yes I have been reading about accounting and farm specifics and will continue to do so as I know I need a better understanding of both.
I'll definitely look into creating fixed assets accounts for the vehicles. Actually I just stumbled on another problem, maybe you could clear something for me? >From what I can tell, I'll place COGS of a certain fixed asset that were payed in cash under expenses on GnuCash, like "expenses:cow feed" for example. And these expenses would constitute a transaction listed on that specific asset account, say Cows. Am I right? If so, how would that relate to my "cash" account? I mean, the money did come out of there. And more important, what if these expenses were payed from 2 different accounts? As for the other part of your answer, about CoA hierarchy, I might be fundamentally wrong, but from my point of view having an expenses account for "gas" or "auto:gas" makes a lot more sense than making one for each of the 10 vehicles, as I would have 30 different gas accounts when they are the same thing, and isn't that what I need from an accounting point of view, gas expenses? Now from a managerial point of view, I'd be interested in knowing each car expenses on gas. That's why I mentioned categories (or tags, etc...), In a sense that I would have a much cleaner CoA and still be able to get the information I need for managerial purposes. Regards, Fernando Castro _______________________________________________ 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.
