I agree with David, but only if it was specifically negotiated as a repair, otherwise, yes you should record the asset (home) at the $95,000 price.
Thank You, Gyle McCollam Gyle McCollam 609.680.2326 Mobile gmccol...@live.com<mailto:gmccol...@gyleshomes.com> email ________________________________ From: gnucash-user <gnucash-user-bounces+gylemc=gmail....@gnucash.org> on behalf of David Long <davidvernonl...@gmail.com> Sent: Saturday, May 7, 2022 11:40 AM To: D. via gnucash-user <gnucash-user@gnucash.org> Subject: [GNC] gnucash.org ] Account for Seller Credit when purchasing a home If the reduction of 5000 USD were genuinely for repairs which you expect to spend I would post the 5k as a minus expense in a maintenance account, or create a house repairs account (type expenses). Actually it's a credit. Then when you spend on repairs debit the expense to that account.(CR bank DR repairs) If its exactly 5k it will zero out, if not you may have a small profit or loss in that account. If the credit is not for repairs , but just a negotiated price reduction, I would just account for the asset at its net value if USD 95k. David On Sat, 7 May 2022, 23:02 , <gnucash-user-requ...@gnucash.org> wrote: > Send gnucash-user mailing list submissions to > gnucash-user@gnucash.org > > To subscribe or unsubscribe via the World Wide Web, visit > https://lists.gnucash.org/mailman/listinfo/gnucash-user > or, via email, send a message with subject or body 'help' to > gnucash-user-requ...@gnucash.org > > You can reach the person managing the list at > gnucash-user-ow...@gnucash.org > > When replying, please edit your Subject line so it is more specific > than "Re: Contents of gnucash-user digest..." > > > Today's Topics: > > 1. How to copy a GnuCash 'installation'? (Chris Green) > 2. Re: How to copy a GnuCash 'installation'? (Robert Heller) > 3. Re: How to copy a GnuCash 'installation'? (Gyle McCollam) > 4. Re: How to copy a GnuCash 'installation'? (Liz Dodd) > 5. Re: How to copy a GnuCash 'installation'? > (davidcousen...@gmail.com) > 6. QIF import error (Shaun Parsons) > 7. Re: QIF import error (Adrien Monteleone) > 8. Re: QIF import error (davidcousen...@gmail.com) > 9. Re: QIF import error (davidcousen...@gmail.com) > 10. Re: QIF import error (Adrien Monteleone) > 11. Account for Seller Credit when purchasing a home (M) > > > ---------------------------------------------------------------------- > > Message: 1 > Date: Fri, 6 May 2022 18:58:13 +0100 > From: Chris Green <c...@isbd.net> > To: gnucash-user@gnucash.org > Subject: [GNC] How to copy a GnuCash 'installation'? > Message-ID: <YnVhtb/fEapL9cB0@esprimo> > Content-Type: text/plain; charset=us-ascii > > If one wants to copy a GnuCash 'installation' from one place to > another, in particular from one computer to another what needs to be > copied? I'm really only interested in copying from one Linux system > to another, both running the same GnuCash version. > > Obviously one needs to copy:- > > The GnuCash 'data' file, either XML or sql > > Any log files (though not strictly necessary I guess) > > However there are other files one needs to copy if you want reports > and screen layout and things like that to be the same. Is this > documented anywhere? > > I'm particularly interested in copying reports across as I run GnuCash > on both my desktop machine and my laptop. Just copying the GnuCash > data file means that I get the same accounts on both systems but not > reports and connected files ('experimental' CSS for reports, that sort > of thing). > > -- > Chris Green > > > ------------------------------ > > Message: 2 > Date: Fri, 6 May 2022 14:50:54 -0400 (EDT) > From: Robert Heller <hel...@deepsoft.com> > To: Chris Green <c...@isbd.net> > Cc: gnucash-user@gnucash.org,Robert Heller <hel...@deepsoft.com> > Subject: Re: [GNC] How to copy a GnuCash 'installation'? > Message-ID: <20220506185054.9447b223...@sharky4.deepsoft.com> > Content-Type: text/plain; charset="us-ascii" > > At Fri, 6 May 2022 18:58:13 +0100 Chris Green <c...@isbd.net> wrote: > > > > > If one wants to copy a GnuCash 'installation' from one place to > > another, in particular from one computer to another what needs to be > > copied? I'm really only interested in copying from one Linux system > > to another, both running the same GnuCash version. > > > > Obviously one needs to copy:- > > > > The GnuCash 'data' file, either XML or sql > > > > Any log files (though not strictly necessary I guess) > > > > However there are other files one needs to copy if you want reports > > and screen layout and things like that to be the same. Is this > > documented anywhere? > > Don't know if it is documented anywhere... > > Config files somewhere in $HOME: .gnucashrc or under .local/... I believe > this is where reports are saved (report params, used to generate the > reports). > > > > > > > I'm particularly interested in copying reports across as I run GnuCash > > on both my desktop machine and my laptop. Just copying the GnuCash > > data file means that I get the same accounts on both systems but not > > reports and connected files ('experimental' CSS for reports, that sort > > of thing). > > > > -- > Robert Heller -- Cell: 413-658-7953 GV: 978-633-5364 > Deepwoods Software -- Custom Software Services > http://www.deepsoft.com/ -- Linux Administration Services > hel...@deepsoft.com -- Webhosting Services > > > > ------------------------------ > > Message: 3 > Date: Fri, 6 May 2022 19:41:12 +0000 > From: Gyle McCollam <gmccol...@live.com> > To: "gnucash-user@gnucash.org" <gnucash-user@gnucash.org>, Chris Green > <c...@isbd.net> > Subject: Re: [GNC] How to copy a GnuCash 'installation'? > Message-ID: > < > blapr06mb68020af56616480cb4e00b4bca...@blapr06mb6802.namprd06.prod.outlook.com > > > > Content-Type: text/plain; charset="us-ascii" > > Even if you can copy this to another computer (an exact copy), reports and > all, you will have to make all your entries on both computers to keep them > in sync. It would be better to save everything in a location that you can > access from each computer. GnuCash will tell you if the file is in use on > the other computer. > > > Thank You, > Gyle McCollam > > Gyle McCollam > > 609.680.2326 Mobile > > gmccol...@live.com<mailto:gmccol...@gyleshomes.com> email > > ________________________________ > From: gnucash-user <gnucash-user-bounces+gylemc=gmail....@gnucash.org> on > behalf of Robert Heller <hel...@deepsoft.com> > Sent: Friday, May 6, 2022 2:50 PM > To: Chris Green <c...@isbd.net> > Cc: gnucash-user@gnucash.org <gnucash-user@gnucash.org> > Subject: Re: [GNC] How to copy a GnuCash 'installation'? > > At Fri, 6 May 2022 18:58:13 +0100 Chris Green <c...@isbd.net> wrote: > > > > > If one wants to copy a GnuCash 'installation' from one place to > > another, in particular from one computer to another what needs to be > > copied? I'm really only interested in copying from one Linux system > > to another, both running the same GnuCash version. > > > > Obviously one needs to copy:- > > > > The GnuCash 'data' file, either XML or sql > > > > Any log files (though not strictly necessary I guess) > > > > However there are other files one needs to copy if you want reports > > and screen layout and things like that to be the same. Is this > > documented anywhere? > > Don't know if it is documented anywhere... > > Config files somewhere in $HOME: .gnucashrc or under .local/... I believe > this is where reports are saved (report params, used to generate the > reports). > > > > > > > I'm particularly interested in copying reports across as I run GnuCash > > on both my desktop machine and my laptop. Just copying the GnuCash > > data file means that I get the same accounts on both systems but not > > reports and connected files ('experimental' CSS for reports, that sort > > of thing). > > > > -- > Robert Heller -- Cell: 413-658-7953 GV: 978-633-5364 > Deepwoods Software -- Custom Software Services > http://www.deepsoft.com/ -- Linux Administration Services > hel...@deepsoft.com -- Webhosting Services > > _______________________________________________ > 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. > > > ------------------------------ > > Message: 4 > Date: Sat, 7 May 2022 07:02:22 +1000 > From: Liz Dodd <ed...@billiau.net> > To: "gnucash-user@gnucash.org" <gnucash-user@gnucash.org> > Subject: Re: [GNC] How to copy a GnuCash 'installation'? > Message-ID: <20220507070222.40d67...@zenbook2.billiau.net> > Content-Type: text/plain; charset=US-ASCII > > On Fri, 6 May 2022 18:58:13 +0100 > Chris Green <c...@isbd.net> wrote: > > > However there are other files one needs to copy if you want reports > > and screen layout and things like that to be the same. Is this > > documented anywhere? > > Of course. It's in the wiki, and you will find it in the FAQ under > "Backups". > > Liz > > > ------------------------------ > > Message: 5 > Date: Sat, 07 May 2022 07:41:13 +1000 > From: davidcousen...@gmail.com > To: gnucash-user@gnucash.org > Subject: Re: [GNC] How to copy a GnuCash 'installation'? > Message-ID: <607d7cff3fa48ad95f26d4863b5ebfa7a8cb0fbb.ca...@gmail.com> > Content-Type: text/plain; charset="UTF-8" > > Chris > > https://wiki.gnucash.org/wiki/Configuration_Locations > > https://www.gnucash.org/docs/v4/C/gnucash-guide/basics-migrate-settings.html > https://wiki.gnucash.org/wiki/User_Configuration_Files > > David Cousens > > On Fri, 2022-05-06 at 18:58 +0100, Chris Green wrote: > > If one wants to copy a GnuCash 'installation' from one place to > > another, in particular from one computer to another what needs to be > > copied? I'm really only interested in copying from one Linux system > > to another, both running the same GnuCash version. > > > > Obviously one needs to copy:- > > > > The GnuCash 'data' file, either XML or sql > > > > Any log files (though not strictly necessary I guess) > > > > However there are other files one needs to copy if you want reports > > and screen layout and things like that to be the same. Is this > > documented anywhere? > > > > I'm particularly interested in copying reports across as I run GnuCash > > on both my desktop machine and my laptop. Just copying the GnuCash > > data file means that I get the same accounts on both systems but not > > reports and connected files ('experimental' CSS for reports, that sort > > of thing). > > > > > > ------------------------------ > > Message: 6 > Date: Fri, 6 May 2022 16:15:32 +0000 > From: Shaun Parsons <shaun.pars...@live.com> > To: "gnucash-user@gnucash.org" <gnucash-user@gnucash.org> > Subject: [GNC] QIF import error > Message-ID: > < > am0pr04mb71384d0c0b4bfff81a84fe68ef...@am0pr04mb7138.eurprd04.prod.outlook.com > > > > Content-Type: text/plain; charset="Windows-1252" > > Hi > I have recently come across GnuCash which I have installed on my Samsung > J6 android phone. > > I am trying to sync transactions between my Quicken 2016 install on my > Windows 11 desktop with GnuCash on my android device using an exported QIF > file. Each time I attempt to import the file I get the following error > > ?An error occurred while importing the GnuCash accounts at line 1, column > 0: not well-formatted (invalid token)? > > I am unable to find an example of a valid example of a file that works? > > The first few lines are > > !Option:AutoSwitch > !Account > NLloyds Linda ISA (Cash) > TBank > ^ > > I have tried removing the !option:AutoSwitch which makes no difference. > > Long term I am trying to write a vbnet app to massarge the qif files to > the correct format, any clues what I am missing? > > Regards Shaun Parsons > > > > Sent from Mail<https://go.microsoft.com/fwlink/?LinkId=550986> for Windows > > > > ------------------------------ > > Message: 7 > Date: Fri, 6 May 2022 22:19:12 -0500 > From: Adrien Monteleone <adrien.montele...@lusfiber.net> > To: gnucash-u...@lists.gnucash.org > Subject: Re: [GNC] QIF import error > Message-ID: <t54ofg$3qm$1...@ciao.gmane.io> > Content-Type: text/plain; charset=UTF-8; format=flowed > > GnuCash for Android is a separate project. > > Last I heard, it isn't even an active one. (no commits since mid-2018) > > You can try their GitHub page: > https://github.com/codinguser/gnucash-android > > Regards, > Adrien > > On 5/6/22 11:15 AM, Shaun Parsons wrote: > > Hi > > I have recently come across GnuCash which I have installed on my Samsung > J6 android phone. > > > > I am trying to sync transactions between my Quicken 2016 install on my > Windows 11 desktop with GnuCash on my android device using an exported QIF > file. Each time I attempt to import the file I get the following error > > > > ?An error occurred while importing the GnuCash accounts at line 1, > column 0: not well-formatted (invalid token)? > > > > I am unable to find an example of a valid example of a file that works? > > > > The first few lines are > > > > !Option:AutoSwitch > > !Account > > NLloyds Linda ISA (Cash) > > TBank > > ^ > > > > I have tried removing the !option:AutoSwitch which makes no difference. > > > > Long term I am trying to write a vbnet app to massarge the qif files to > the correct format, any clues what I am missing? > > > > ------------------------------ > > Message: 8 > Date: Sat, 07 May 2022 13:24:52 +1000 > From: davidcousen...@gmail.com > To: gnucash-user@gnucash.org > Subject: Re: [GNC] QIF import error > Message-ID: <a028c02ca4d5e89d9d5a684897bbf760a631d11e.ca...@gmail.com> > Content-Type: text/plain; charset="UTF-8" > > Shaun, > > The android GnuCash app is not a part of the GnuCash application which is > a desktop app. I don't know if it is still being supported by its original > developer but it AFAIK was a totally separate development in Java. > The QIF format is defined in the following web pages to the extent it is > defined > at all > > https://www.respmech.com/mym2qifw/qif_new.htm#:~:text=A%3A%20The%20Quicken%20interchange%20format,that%20supports%20the%20QIF%20format > and possible more definitively by W3 > https://www.w3.org/2000/10/swap/pim/qif-doc/QIF-doc.htm or > http://moneymvps.org/articles/qifspecification.aspx. There is no > standardized > format defined by and maintained by any organization. > > David Cousens > > > On Fri, 2022-05-06 at 16:15 +0000, Shaun Parsons wrote: > > Hi > > I have recently come across GnuCash which I have installed on my Samsung > J6 > > android phone. > > > > I am trying to sync transactions between my Quicken 2016 install on my > Windows > > 11 desktop with GnuCash on my android device using an exported QIF file. > Each > > time I attempt to import the file I get the following error > > > > ?An error occurred while importing the GnuCash accounts at line 1, > column 0: > > not well-formatted (invalid token)? > > > > I am unable to find an example of a valid example of a file that works? > > > > The first few lines are > > > > !Option:AutoSwitch > > !Account > > NLloyds Linda ISA (Cash) > > TBank > > ^ > > > > I have tried removing the !option:AutoSwitch which makes no difference. > > > > Long term I am trying to write a vbnet app to massarge the qif files to > the > > correct format, any clues what I am missing? > > > > Regards Shaun Parsons > > > > > > > > Sent from Mail<https://go.microsoft.com/fwlink/?LinkId=550986> for > Windows > > > > _______________________________________________ > > 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. > > > > ------------------------------ > > Message: 9 > Date: Sat, 07 May 2022 13:37:08 +1000 > From: davidcousen...@gmail.com > To: gnucash-user@gnucash.org > Subject: Re: [GNC] QIF import error > Message-ID: <67289354767eca796d468f0ae30f883f29903d04.ca...@gmail.com> > Content-Type: text/plain; charset="UTF-8" > > Adrien, > > There is a bit of recent correspondence on the github site with a possible > new > project manager interested. I gather the main problem is in getting Ngewi > Fet > the original developer to communicate/cooperate/hand over the reins on the > project to allow that to happen. > > David Cousens > > > On Fri, 2022-05-06 at 22:19 -0500, Adrien Monteleone wrote: > > GnuCash for Android is a separate project. > > > > Last I heard, it isn't even an active one. (no commits since mid-2018) > > > > You can try their GitHub page: > https://github.com/codinguser/gnucash-android > > > > Regards, > > Adrien > > > > On 5/6/22 11:15 AM, Shaun Parsons wrote: > > > Hi > > > I have recently come across GnuCash which I have installed on my > Samsung J6 > > > android phone. > > > > > > I am trying to sync transactions between my Quicken 2016 install on my > > > Windows 11 desktop with GnuCash on my android device using an exported > QIF > > > file. Each time I attempt to import the file I get the following error > > > > > > ?An error occurred while importing the GnuCash accounts at line 1, > column 0: > > > not well-formatted (invalid token)? > > > > > > I am unable to find an example of a valid example of a file that works? > > > > > > The first few lines are > > > > > > !Option:AutoSwitch > > > !Account > > > NLloyds Linda ISA (Cash) > > > TBank > > > ^ > > > > > > I have tried removing the !option:AutoSwitch which makes no difference. > > > > > > Long term I am trying to write a vbnet app to massarge the qif files > to the > > > correct format, any clues what I am missing? > > > > _______________________________________________ > > 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. > > > > ------------------------------ > > Message: 10 > Date: Sat, 7 May 2022 05:24:09 -0500 > From: Adrien Monteleone <adrien.montele...@lusfiber.net> > To: gnucash-u...@lists.gnucash.org > Subject: Re: [GNC] QIF import error > Message-ID: <t55hc9$406$1...@ciao.gmane.io> > Content-Type: text/plain; charset=UTF-8; format=flowed > > Good to know. I'm sure many here will be happy if it picks back up. > > Regards, > Adrien > > On 5/6/22 10:37 PM, davidcousen...@gmail.com wrote: > > There is a bit of recent correspondence on the github site with a > possible new > > project manager interested. I gather the main problem is in getting > Ngewi Fet > > the original developer to communicate/cooperate/hand over the reins on > the > > project to allow that to happen. > > > > ------------------------------ > > Message: 11 > Date: Sat, 7 May 2022 11:00:05 -0400 > From: M <m_st...@hotmail.com> > To: gnucash-user@gnucash.org > Subject: [GNC] Account for Seller Credit when purchasing a home > Message-ID: > < > mw4pr04mb7460d540d47f5148454840c290...@mw4pr04mb7460.namprd04.prod.outlook.com > > > > Content-Type: text/plain; charset=UTF-8; format=flowed > > I am still learning double-entry accounting, and I need a little help. > > I recently purchased a home, but the price was reduced during > negotiation and a seller credit was applied at closing. > > Agreed Purchase Price: $100,000 > Seller Credit for Repairs: $5,000 > Actual Purchase Price: $95,000 > > When I add this asset, I am stumped.? When I increase the asset by > $100,000 and decrease other accounts for cash and loans of $95,000, that > all makes sense.? But how do I account for the $5,000?? I see it as an > unrealized gain... instant equity provided by the seller. But I need to > debit an account with this amount, so it shows an unrealized gain of > -$5,000. > > Should I simply just increase the asset by $95,000 and not account for > the credit? > > I know I am missing the big picture.? Can anyone point me in the right > direction? > > Thanks to all, > > Mike > > > ------------------------------ > > Subject: Digest Footer > > _______________________________________________ > > 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. > > > ------------------------------ > > End of gnucash-user Digest, Vol 230, Issue 18 > ********************************************* > _______________________________________________ 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.
