Well said! I actually have both kinds of parent accounts, as you described.
On Sat, Oct 8, 2022 at 7:39 AM David T. via gnucash-user < gnucash-user@gnucash.org> wrote: > John, > > I don't know about "typically." There are any of a number of ways that > someone might use placeholder accounts. In my own books, I have placeholder > accounts for brokerage holdings, where the placeholder represents an > institution's account and the leaf accounts represent individual > securities. I also have placeholder accounts that represent a class of > account types-- for example, a placeholder for savings accounts at > different institutions. > > The OP appears to be using the structure to implement an envelope > allocation system, in which case the subaccounts are virtual. They want > both the real and the virtual accounts to show that reconciliation. GnuCash > doesn't currently do that. > > Whether that's a bug or a feature (and whether a sensible implementation > can be devised to address it) is perhaps a different matter. > > David T. > > On Oct 8, 2022, 9:17 AM, at 9:17 AM, John Layman < > john.lay...@laymanandlayman.com> wrote: > >Typically, the place holder account represents an institution, not an > >account. I have never seen a bank statement that presents rolled up > >account totals at the institution level. Each checking account, > >savings account, money market account, CD holdings, installment loan > >accounts, etc. are presented separately (even if within the same > >document) with beginning and ending balances shown separately for each > >such account. Balancing could be an absolute nightmare if you had to > >track down a discrepancy in conglomerated the numbers. > -- _________________________________ Richard Losey rlo...@gmail.com Micah 6:8 _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
