It would seem more straightforward just to have separate books for the two funds.
That's pretty standard in UK government accounts, for instance: Capital Account and Revenue Account. (That's if we can believe /Yes, Minister/, but Margaret Thatcher called it "the best documentary the BBC ever made".) Stan Brown Tehachapi, CA, USA https://BrownMath.com/ On 2024-03-17 14:36, J. A. Harris wrote: > On 3/17/24 15:54, Michael or Penny Novack wrote: >> Your lack of accounting and understanding of the history of double >> entry is confusing you. ... > .. >> Thus for an event were EXPECTED to make a profit for the organization, >> I'd make them all of type "income". Understand? > > Yes, I do understand. The purpose of the INC+EXP would not be to put > entries in. It would be a placeholder account, under which there would > be Revenue and Expense accounts. I can think of many situations where > that would be desirable. Here is one. HOAs frequently use "fund" > accounting where there is an "Operating Fund" and a "Reserve Fund". > Each of those funds have Income and Expenses (along with other things). > So you might see a structure like this. > > Top > ├── Operating > │ ├── Assets ? > │ ├── Equity ? > │ ├── Income > │ │ ├── Expenses > │ │ └── Revenue > │ └── Liabilities ? > └── Reserve > ├── Assets ? > ├── Equity ? > ├── Income > │ ├── Expenses > │ └── Revenue > └── Liabilities ? > > In that type of situation, a General account type is useful for the > Operating and Reserve placeholder account and an Inc&Exp type is useful > for the accounts called Income. (Even if you do not want want both > Expenses and Revenues under the placeholder account named Income, you > still cannot put them under Reserve.) > > Are you saying you have never found an occasion where it would be useful > to have an upper-level account above a group of accounts, some of which > were Income and some were Expense? > > On 3/17/24 15:54, Michael or Penny Novack wrote: >> Those are "commodities" > > I am aware of that. Currencies, Funds, and NYSEs are all particular > types of Commodities. There is no current support in gnucash for > defining Commodities other than those three types. Since for things like > airline points, it seemed to me their operational characteristics as > they are used in gnucash are the same as Currencies, I thought it would > be easiest to implement them by adding support for them under the > existing Currency category. If you prefer, the name could be changed to > Currencies & Other Things. Or a fourth category could created, although > that would probably increase code complexity But all that is detail, > which I did not feel needed to be addressed at this point. > > -- > ---- > Dr. J. A. Harris > _______________________________________________ > 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. _______________________________________________ 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.
