The only other issue will be whether in your jurisdiction, a personal
gift is regarded as income to taxtation purposes.  This will determine
whether you need to creat Taxable and Non-Taxable Income placeholder
accounts under your top level income account and under which you place
the Income-Gifts

David Cousens


On Tue, 2024-09-03 at 20:20 +0200, Boniforti Flavio wrote:
> Hi all.
> I've received 100 bucks from a relative as a gift, which he sent to
> me via
> bank wire transfer.
> In my GnuCash accounts I do have one called "Income:Gifts Received"
> and I
> also of course have the "Assets:Current Assets:Checking Account",
> where the
> money from the gift finally landed.
> 
> How should I proceed to register this gift I received? I don't see
> any
> reason to do a "double-entry", because the money is not coming from
> one of
> my accounts - it's just getting INTO one of my accounts from
> external...
> Same question for my salary, of course.
> 
> Thanks for your help,
> F.
> 
> https://www.instagram.com/boniforti_music
> https://soundcloud.com/boniforti_music
> https://bonny-j.bandcamp.com
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