On 2024-09-24 23:11, Boniforti Flavio wrote: > Thanks for your input - it seems cumbersome to me, adding accounts for each > instrument I buy. Nevertheless, in my accounting ignorance, I think I > understand it and it looks very nice and detailed.
The choice is yours to make. A suggestion: If you decide to give each instrument its own account, you might want to create one Placeholder account, "Assets:Musical Instruments", and then give each instrument its own subaccount, "Assets:Musical Instruments:Cremona Violin" and so forth. That would make it easier in reports to show total value of all instruments. Have you ever told us which country you live in? I assumed it was not the US, but Michael or Penny Novack's advice mentions the IRS, which is the US tax agency. Stan Brown Tehachapi, CA, USA https://BrownMath.com/ _______________________________________________ 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.