On 10/1/24 10:31, R Losey wrote:
On Tue, Oct 1, 2024 at 12:23 PM Chris Miller via gnucash-user
<gnucash-user@gnucash.org> wrote:
Hi Stephen and R,
>> Isn't that just a bit like stating that "your brother is a
person, and your
>> wife is a person, so what's the difference? They are all
persons?" I would
>> suggest that there is a difference <grin>.
Yes. Exactly. What is it? -- not your biology ridicule, but the
original question I asked. Does GnuCash treat "Cash", "Bank", and
"Asset" differently, or are these just "shortcuts" for users that
don't realize that, as far as accounting is concerned, assets are
assets?
My point is that your brother and your wife are a sub-category of the
higher class "person" (or "human").
What do you mean by "differently"? Just by having different
sub-classes, they are treated "differently"? As I noted, the column
headings are different (if you are not using formal accounting labels)
and the list of types are different -- those are "differences", but
perhaps not quite what you're looking for.
>> I hope this is helpful.
Not really ...
> I think you missed the thrust of his question -- namely, how does
> GnuCash treat these differently?
Yes. Thanks for the clarification.
--
Chris.
_
Crawling out on limb -- developers, start you chainsaws now!
I think that Reconciliation looks at this sub-type to decide if it
should allow the user to input:
1. Interest earned for a bank or checking asset type -- but not for cash.
2. Payment transaction for a credit card -- but not for other liabilities.
I have those options turned off in either case so haven't seen them
recently.
As R Losey pointed out, it may change some column headings when standard
accounting terms of Debit/Credit are not used. Since my wife and
daughter are accountants (non-cpa) and I've done financial systems
development in the past, I used the accounting terms so do not see these
subtle differences.
Anything more we'll have to wait for the heavyweight developers to carve
out better results (hopefully without cutting off my limb -- already
lost a toe last week).
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