Thank you Liz.
This is way too much for a merely personal accounting situation - I'm not a
business at all :-)

F.

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Am Mi., 25. Sept. 2024 um 00:10 Uhr schrieb Liz <ed...@billiau.net>:

> On Tue, 24 Sep 2024 23:15:59 +0200
> Boniforti Flavio <bonifort...@gmail.com> wrote:
>
> > Hi Chris.
> > One account for each instrument? Really? To me this sounds
> > exaggerated - or am I wrong?
> > F.
>
> Quite reasonable to make one account for each asset, particularly if
> your taxation needs things calculated for those assets.
>
> Imagine that this week you are taxed on a flute differently to a pair of
> cymbals. You would need different entries according to their tax class.
> Of course next year the tax authority will say that wind instruments
> and stringed instruments will be taxed at different rates. Now you need
> to split out the Stradivarius violin from the general "instruments"
> category.
> It is easier to make too many accounts and categories, because in
> GnuCash we can combine them easily whether temporarily in a report or
> permanently. Splitting out items from a category into subcategories is
> tedious by comparison.
>
> Liz
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