On 4/7/2025 10:12 AM, Murugan Mariappan wrote:
GNUCash should implement a Contingent GL feature. This shadow ledger
would track unrealized items like unvested options and non-performing
asset accruals without affecting real book balances.
Benefits include:
It is NOT "out of scope" because available now. Absolutely nothing
prevents you from having a second set of books under gnucash to track
such things. Nothing prevents you from keeping a set of books for a
virtual entity*
Michael D Novack
(*) Example, when we installed a solar system, I wanted to CORRECTLY
track how it paid itself off. Correctly, not ignoring things like the
time value of money, how it affected other expenses (property insurance,
taxes, etc,)
So I created a virtual entity "Solar System", which operated on
capital borrowed from us at the then current rate for 20 year money.
This entity was credited with income like utility bills paid, tax
credits, sales of SRECs, etc. It was charged expenses like interest on
the BLOC, portion of property insurance premium, income tax on sale of
SRECs, etc. When it had accumulated "profits" these used to make
principle payments on th BLOC. When the balance of the BLOC down to
zero, paid off. It is now accumulating its repair/replacement fund.
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