Re: [GNC] Another "multi-account" logical issue - any advice on how to register this?

[Boniforti Flavio]

Hi David.

Thanks for your feedback - along with all other replies and posts in this
thread! :-)

I will think about whether I want to consider the shipping expense as part
of the value of the goods I bought or not. I understand the difference and
keeping shipping costs separated from the goods value looks correct to me.
However, I always considered shipping costs as part of the goods value. I
thought "I paid 220 for this guitar, even though 20 are for shipping, so to
me it's worth 220" (I know this is wrong, because shipping doesn't add
value to the goods).

Thanks to everyone!
F.

https://www.instagram.com/boniforti_music
https://soundcloud.com/boniforti_music
https://bonny-j.bandcamp.com


Am Mo., 30. Sept. 2024 um 22:32 Uhr schrieb David Cousens <
davidcousen...@gmail.com>:

> Flavio,
>
> Shipping is a service so it does not add to the value of your assets so
> it is simply an expense so the transaction becomes:
>
> PURCHASE:
> Increase "Assets:Material:Item #1" of 300
> Decrease "Checking account" by 300.
> Increase "Expenses:Postage" of 10.
> Decrease "Checking account" by 10.
>
> then there is no need to account for the shipping at time of sale
> SALE:
> Increase "Checking account" by 320.
> Decrease "Assets:Material:Item #1" by 300.
> Increase  "Income:Sales"by  20.
>
> The difference between "Income:Sales" and "Expenses:Postage" is your
> profit on the transaction  and the difference between the balance of
> the top level Income account and the top level Expenses account will
> represent your overall profit.  If you needed to know the profit on an
> individual item you would add a subaccount to the Expenses:Postage
> :Item #1.
>
> David Cousens
>
>
> On Mon, 2024-09-30 at 18:47 +0200, Boniforti Flavio wrote:
> > Hi all.
> > I'm again stuck with a specific type of transaction and would like to
> > have
> > it validated (or corrected). Suggestions on how you would do it are
> > welcome
> > as well - I might not be using the most intuitive way of registering
> > it.
> >
> > So...
> >
> > I bought an item for 300. Paid for it from my checking account.
> > I paid for shipping separately 10. Paid for this as well from my
> > checking
> > account.
> > Sold the item for 320, which was wire-transferred into my checking
> > account.
> > I have earned 10 from the transaction.
> >
> > I have created an account for that item:
> > Assets:Material:Item #1
> > Also, I've added a shipping sub-account to it:
> > Assets:Material:Item #1:Shipping
> >
> > Then I entered the split transaction as follows:
> >
> > PURCHASE =
> > Increase "Assets:Material:Item #1" of 300.
> > Increase "Assets:Material:Item #1:Shipping" of 10.
> > Decrease "Checking account" by 300.
> > Decrease "Checking account" by 10.
> > As I also have an account for "Postage expenses", how would I have to
> > register the 10 bucks I spent for shipping, so that it also accounts
> > towards the postage expenses in general?
> >
> > SALE =
> > Increase "Checking account" by 320.
> > Decrease "Assets:Material:Item #1:Shipping" by 10.
> > Decrease "Assets:Material:Item #1" by 300.
> > Increase "Sales Surplus" by 10.
> >
> > Thanks (again) for your help!
> > F.
> >
> > https://www.instagram.com/boniforti_music
> > https://soundcloud.com/boniforti_music
> > https://bonny-j.bandcamp.com
> > ___
> > gnucash-user mailing list
> > gnucash-user@gnucash.org
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> > -
> > Please remember to CC this list on all your replies.
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>
>
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Re: [GNC] Cash Account

[David Warren]

Chris's actual question was important to me.

Does the code actually do something different for different 'types' of
assets/liabilities?  If so, what?
Given the answer, is there a way to turn off all of that Increase/Decrease
stuff and have gnucash simply say Debit/Credit in all headings instead, for
those of us who don't want the 'assistance'/user presentation.

On Tue, Oct 1, 2024 at 7:42 PM Chris Miller via gnucash-user <
gnucash-user@gnucash.org> wrote:

> Hi 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 .
>
> >> 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").
>
> ... and Klaatu lands his ship and asks, "What is reason for the
> difference? They are both human.".
>
> "Cash", Bank" and "Asset" are all assets and I don't know why it is
> worthwhile to make that distinction among different "sexes" of assets, so I
> asked. The question is less ridiculous than your response.
>
> > What do you mean by "differently"? Just by having different sub-classes,
> they
> > are treated "differently"?
>
> If I wasn't clear, the question was, "Cash is an asset. What makes it a
> special kind of asset, justifying a special type of account?" The answer
> is, "Nothing". It is not a special type of account; it is a special case of
> user presentation.
>
> > 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.
>
> Where did you note this? My first encounter was from Ross Reedstrom, and
> it is actually the answer to my question. They are treated differently to
> compensate for users with little or no accounting sophistication
> --
> Chris.
> ___
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Re: [GNC] Cash Account

[Ross Reedstrom]

Yup!

Edit -> Preferences -> Accounts -> Use formal accounting labels

(Which I found by tracing the code from the table of debit strings upwards,
and found a test against GNC_PREF_ACCOUNTING_LABELS)

Ross

On Wed, Oct 2, 2024 at 12:26 PM David Warren  wrote:

> Chris's actual question was important to me.
>
> Does the code actually do something different for different 'types' of
> assets/liabilities?  If so, what?
> Given the answer, is there a way to turn off all of that Increase/Decrease
> stuff and have gnucash simply say Debit/Credit in all headings instead, for
> those of us who don't want the 'assistance'/user presentation.
>
> On Tue, Oct 1, 2024 at 7:42 PM Chris Miller via gnucash-user <
> gnucash-user@gnucash.org> wrote:
>
> > Hi 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 .
> >
> > >> 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").
> >
> > ... and Klaatu lands his ship and asks, "What is reason for the
> > difference? They are both human.".
> >
> > "Cash", Bank" and "Asset" are all assets and I don't know why it is
> > worthwhile to make that distinction among different "sexes" of assets,
> so I
> > asked. The question is less ridiculous than your response.
> >
> > > What do you mean by "differently"? Just by having different
> sub-classes,
> > they
> > > are treated "differently"?
> >
> > If I wasn't clear, the question was, "Cash is an asset. What makes it a
> > special kind of asset, justifying a special type of account?" The answer
> > is, "Nothing". It is not a special type of account; it is a special case
> of
> > user presentation.
> >
> > > 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.
> >
> > Where did you note this? My first encounter was from Ross Reedstrom, and
> > it is actually the answer to my question. They are treated differently to
> > compensate for users with little or no accounting sophistication
> > --
> > Chris.
> > ___
> > 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.
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> >
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[GNC] Finance::Quote failed to initialize

[Boniforti Flavio]

Hi all.

On MacOS Sonoma 14.6.1 I've just followed the instructions from the GnuCash
documentation to install the Finance::Quote module.
After finishing without errors, I tried to use it but it won't initialize -
see here:

me@MacBook-Pro ~ %
/System/Volumes/Data/Applications/Gnucash.app/Contents/MacOS/gnucash-cli -Q
info

Application Path
/System/Volumes/Data/Applications/Gnucash.app/Contents/MacOS/gnucash-cli

Failed to initialize Finance::Quote: missing_modules Finance::Quote
JSON::Parse


Even Perl doesn't know about its existence:

me@MacBook-Pro ~ % perldoc Finance::Quote

No documentation found for "Finance::Quote".

Is anybody able to help me understand what's gone wrong and how to fix it?

Thanks,
F.

https://www.instagram.com/boniforti_music
https://soundcloud.com/boniforti_music
https://bonny-j.bandcamp.com
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Re: [GNC] Cash Account

[David Cousens]

Edit->Preferences->Accounts->Labels  make sure "Use formal accounting
labels" is checked.

On Wed, 2024-10-02 at 13:25 -0400, David Warren wrote:
> Chris's actual question was important to me.
> 
> Does the code actually do something different for different 'types'
> of
> assets/liabilities?  If so, what?
> Given the answer, is there a way to turn off all of that
> Increase/Decrease
> stuff and have gnucash simply say Debit/Credit in all headings
> instead, for
> those of us who don't want the 'assistance'/user presentation.
> 
> On Tue, Oct 1, 2024 at 7:42 PM Chris Miller via gnucash-user <
> gnucash-user@gnucash.org> wrote:
> 
> > Hi 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 .
> > 
> > > > 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").
> > 
> > ... and Klaatu lands his ship and asks, "What is reason for the
> > difference? They are both human.".
> > 
> > "Cash", Bank" and "Asset" are all assets and I don't know why it is
> > worthwhile to make that distinction among different "sexes" of
> > assets, so I
> > asked. The question is less ridiculous than your response.
> > 
> > > What do you mean by "differently"? Just by having different sub-
> > > classes,
> > they
> > > are treated "differently"?
> > 
> > If I wasn't clear, the question was, "Cash is an asset. What makes
> > it a
> > special kind of asset, justifying a special type of account?" The
> > answer
> > is, "Nothing". It is not a special type of account; it is a special
> > case of
> > user presentation.
> > 
> > > 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.
> > 
> > Where did you note this? My first encounter was from Ross
> > Reedstrom, and
> > it is actually the answer to my question. They are treated
> > differently to
> > compensate for users with little or no accounting sophistication
> > --
> > Chris.
> > ___
> > 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.
> > 
> ___
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> gnucash-user@gnucash.org
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Re: [GNC] Another "multi-account" logical issue - any advice on how to register this?

[David Cousens]

Flavio,

My comment is purely from the perspective of a non-buiness activity and
Michael's Chris and Murugan's comments re shipping are definitely valid
and would apply particularly where there is any intention to resell
items purchased for profit and can be applied even in the private case
with regard to items which might have a high intrinsic value and can be
regarded as an investment. It ultimately all gets down to the specifics
of the business/tax legislation in Switzerland in your case.

David



On Wed, 2024-10-02 at 11:47 +0200, Boniforti Flavio wrote:
> Hi David.
> 
> Thanks for your feedback - along with all other replies and posts in
> this thread! :-)
> 
> I will think about whether I want to consider the shipping expense as
> part of the value of the goods I bought or not. I understand the
> difference and keeping shipping costs separated from the goods value
> looks correct to me. However, I always considered shipping costs as
> part of the goods value. I thought "I paid 220 for this guitar, even
> though 20 are for shipping, so to me it's worth 220" (I know this is
> wrong, because shipping doesn't add value to the goods).
> 
> Thanks to everyone!
> F.
> 
> https://www.instagram.com/boniforti_music
> https://soundcloud.com/boniforti_music
> https://bonny-j.bandcamp.com
> 
> 
> Am Mo., 30. Sept. 2024 um 22:32 Uhr schrieb David Cousens
> :
> > Flavio,
> > 
> > Shipping is a service so it does not add to the value of your
> > assets so
> > it is simply an expense so the transaction becomes:
> > 
> > PURCHASE:
> > Increase "Assets:Material:Item #1" of 300
> > Decrease "Checking account" by 300.
> > Increase "Expenses:Postage" of 10.
> > Decrease "Checking account" by 10.
> > 
> > then there is no need to account for the shipping at time of sale
> > SALE:
> > Increase "Checking account" by 320.
> > Decrease "Assets:Material:Item #1" by 300.
> > Increase  "Income:Sales"        by  20.
> > 
> > The difference between "Income:Sales" and "Expenses:Postage" is
> > your
> > profit on the transaction  and the difference between the balance
> > of
> > the top level Income account and the top level Expenses account
> > will
> > represent your overall profit.  If you needed to know the profit on
> > an
> > individual item you would add a subaccount to the Expenses:Postage
> > :Item #1.
> > 
> > David Cousens
> > 
> > 
> > On Mon, 2024-09-30 at 18:47 +0200, Boniforti Flavio wrote:
> > > Hi all.
> > > I'm again stuck with a specific type of transaction and would
> > like to
> > > have
> > > it validated (or corrected). Suggestions on how you would do it
> > are
> > > welcome
> > > as well - I might not be using the most intuitive way of
> > registering
> > > it.
> > > 
> > > So...
> > > 
> > > I bought an item for 300. Paid for it from my checking account.
> > > I paid for shipping separately 10. Paid for this as well from my
> > > checking
> > > account.
> > > Sold the item for 320, which was wire-transferred into my
> > checking
> > > account.
> > > I have earned 10 from the transaction.
> > > 
> > > I have created an account for that item:
> > > Assets:Material:Item #1
> > > Also, I've added a shipping sub-account to it:
> > > Assets:Material:Item #1:Shipping
> > > 
> > > Then I entered the split transaction as follows:
> > > 
> > > PURCHASE =
> > > Increase "Assets:Material:Item #1" of 300.
> > > Increase "Assets:Material:Item #1:Shipping" of 10.
> > > Decrease "Checking account" by 300.
> > > Decrease "Checking account" by 10.
> > > As I also have an account for "Postage expenses", how would I
> > have to
> > > register the 10 bucks I spent for shipping, so that it also
> > accounts
> > > towards the postage expenses in general?
> > > 
> > > SALE =
> > > Increase "Checking account" by 320.
> > > Decrease "Assets:Material:Item #1:Shipping" by 10.
> > > Decrease "Assets:Material:Item #1" by 300.
> > > Increase "Sales Surplus" by 10.
> > > 
> > > Thanks (again) for your help!
> > > F.
> > > 
> > > https://www.instagram.com/boniforti_music
> > > https://soundcloud.com/boniforti_music
> > > https://bonny-j.bandcamp.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.
> > 

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Re: [GNC] Cash Account

[David Warren]

Thanks Ross & David C

On Wed, Oct 2, 2024 at 3:43 PM David Cousens 
wrote:

> Edit->Preferences->Accounts->Labels  make sure "Use formal accounting
> labels" is checked.
>
> On Wed, 2024-10-02 at 13:25 -0400, David Warren wrote:
>
> Chris's actual question was important to me.
>
> Does the code actually do something different for different 'types' of
> assets/liabilities?  If so, what?
> Given the answer, is there a way to turn off all of that Increase/Decrease
> stuff and have gnucash simply say Debit/Credit in all headings instead, for
> those of us who don't want the 'assistance'/user presentation.
>
> On Tue, Oct 1, 2024 at 7:42 PM Chris Miller via gnucash-user <
> gnucash-user@gnucash.org> wrote:
>
> Hi 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 .
>
>
> 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").
>
>
> ... and Klaatu lands his ship and asks, "What is reason for the
> difference? They are both human.".
>
> "Cash", Bank" and "Asset" are all assets and I don't know why it is
> worthwhile to make that distinction among different "sexes" of assets, so I
> asked. The question is less ridiculous than your response.
>
> What do you mean by "differently"? Just by having different sub-classes,
>
> they
>
> are treated "differently"?
>
>
> If I wasn't clear, the question was, "Cash is an asset. What makes it a
> special kind of asset, justifying a special type of account?" The answer
> is, "Nothing". It is not a special type of account; it is a special case of
> user presentation.
>
> 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.
>
>
> Where did you note this? My first encounter was from Ross Reedstrom, and
> it is actually the answer to my question. They are treated differently to
> compensate for users with little or no accounting sophistication
> --
> Chris.
> ___
> 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.
>
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>
>
>
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Re: [GNC] Finance::Quote failed to initialize

[John Ralls]

Flavio,

What did you actually do? Do you by any chance have a perl installed that isn’t 
from Apple, perhaps HomeBrew or MacPorts? Is your MBP an Intel or Apple Silicon 
one and did you install the GnuCash that matches the architecture?

Regards,
John Ralls


> On Oct 2, 2024, at 12:03, Boniforti Flavio  wrote:
> 
> Hi all.
> 
> On MacOS Sonoma 14.6.1 I've just followed the instructions from the GnuCash
> documentation to install the Finance::Quote module.
> After finishing without errors, I tried to use it but it won't initialize -
> see here:
> 
> me@MacBook-Pro ~ %
> /System/Volumes/Data/Applications/Gnucash.app/Contents/MacOS/gnucash-cli -Q
> info
> 
> Application Path
> /System/Volumes/Data/Applications/Gnucash.app/Contents/MacOS/gnucash-cli
> 
> Failed to initialize Finance::Quote: missing_modules Finance::Quote
> JSON::Parse
> 
> 
> Even Perl doesn't know about its existence:
> 
> me@MacBook-Pro ~ % perldoc Finance::Quote
> 
> No documentation found for "Finance::Quote".
> 
> Is anybody able to help me understand what's gone wrong and how to fix it?
> 
> Thanks,
> F.
> 
> https://www.instagram.com/boniforti_music
> https://soundcloud.com/boniforti_music
> https://bonny-j.bandcamp.com
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Re: [GNC] Another "multi-account" logical issue - any advice on how to register this?

[Bruce Griffis]

Or in the case of reselling (which really is what we are doing when buying
an item and eventually selling it) - I bought some diecast cars off an
online seller. The price of each unit came in where I could make a profit
selling it.

However, each item had taxes, shipping and handling. And in reselling each
item there are final value fees and transaction fees. Even if I don't offer
free shipping, I do have to pay for a box, bubble wrap and tape. If I don't
have USPS do a scheduled pickup, I have the cost to bring the package to
the post office.

A 12 dollar item quickly turns into a 24 dollar item just to get it to me.
If I were to sell it, it needs to be at a minimum a 30 to 32 dollar item
just to break even.

If I need to pay 24 dollars just to get a 12 dollar item, it had better
have a value of 24 dollars just to sit on a shelf and look at it. I might
be wrong, but I'd consider my cost of goods sold to include the costs
associated with putting that item in my hands. And expenses out of that
sale would be my shipping, final value fee, transaction fee and shipping
supplies to get that item to a customer. Any profit (or loss) would be the
difference between these sets of value.

I learned that the hard way by bidding high on online auctions and have a
few too many items I'll never sell for cost.

A US based tax accountant could steer me in the right direction if I am
completely misunderstanding it, but I'm wading through books to get a
better understanding.

On Wed, Oct 2, 2024, 10:29 AM Chris Miller via gnucash-user <
gnucash-user@gnucash.org> wrote:

> Hi Flavio,
>
> > I will think about whether I want to consider the shipping expense as
> part
> > of the value of the goods I bought or not. I understand the difference
> and
> > keeping shipping costs separated from the goods value looks correct to
> me.
> > However, I always considered shipping costs as part of the goods value. I
> > thought "I paid 220 for this guitar, even though 20 are for shipping, so
> to
> > me it's worth 220" (I know this is wrong, because shipping doesn't add
> > value to the goods).
>
> It is not wrong. Shipping does add to the value. The difference between
> potatoes in a field and potatoes in a store is basically shipping. You pay
> more for potatoes in a store because there is a cost to get them there.
>
> You paid $200 for the guitar and $20 for shipping. If you sold the guitar
> for $200, are you breaking even?
>
> The book value of an asset is the cost to acquire and deploy that asset.
> Shipping is clearly an acquisition or deployment cost.
> --
> Chris.
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Re: [GNC] Cash Account

[Stan Brown (using GC 4.14)]

Thanks for this, Ross. I asked a similar question in July, but your look
into the code gave a much better answer than I got.

It would be very nice if this information can be added to section 2.8.2
of the Tutorial and Concepts manual.

Stan Brown
Tehachapi, CA, USA
https://BrownMath.com

On 2024-10-01 10:54, Ross Reedstrom wrote:
> So, answering the question. Internally, GnuCash has an enumeration
> GnuAccountType, which that drop down is populated from. There are
> conditionals all over the code that switch based on the account type. One
> significant one for answering your question (Cash vs. Bank or any other
> Asset account, Credit vs. generic Liability) is that there  are two
> mappings for human friendly column names for "debit" and "credit" actions.
> 
> Cash uses "Receive" and  "Spend". Bank uses "Deposit" and "Withdraw". Asset
> uses "Increase" and "Decrease". On the other side of the ledger, Credit
> uses "Payment" (debit) and "Charge" (credit), generic Liability uses
> "Decrease" (debit) and "Increase" (credit). Helps get past the
> non-accountants "Wait, I debit the cash account when I put money in my
> wallet???" confusion.
> 
> There are probably other differences, but that's what I found with a quick
> search through the code.  Note that the code is well structured, and
> heavily commented with good comments, for example:
> 
> /* The type field is the account type, picked from the enumerated
>  * list that includes ACCT_TYPE_BANK, ACCT_TYPE_STOCK,
>  * ACCT_TYPE_CREDIT, ACCT_TYPE_INCOME, etc.  Its intended use is to
>  * be a hint to the GUI as to how to display and format the
>  * transaction data.
>  */
> 
> Hope that helps.
> 
> Ross
> 
> On Tue, Oct 1, 2024 at 12:24 PM Chris Miller via gnucash-user <
> gnucash-user@gnucash.org> wrote:
> 
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Re: [GNC] Another "multi-account" logical issue - any advice on how to register this?

[Patrick James via gnucash-user]

> On 10/02/2024 8:26 AM PDT Bruce Griffis  wrote:

> If I need to pay 24 dollars just to get a 12 dollar item, it had better
> have a value of 24 dollars just to sit on a shelf and look at it. 

Put differently, it's not a 12 dollar item. It's a 24 dollar item.

So you are correct, the item needs to have a value of at least $24 for you to 
purchase it. If you valued the item at less than $24, then you would not pay 
the $24.
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Re: [GNC] Cash Account

[Patrick James via gnucash-user]

As the GnuCash help page suggests, not all assets are equal, in that there 
exists different levels of asset liquidity.

One use of this is the presentation of assets on the balance sheet. The greater 
the liquidity of an asset, the closer to to top the asset is listed.

Personally in GnuCash I assign "Asset" to each asset, but now I'm wondering if 
I've limited my ability to use some nice features of GnuCash. Then again, if 
it's just about user interface, and similar, then I'm not missing anything that 
is important to me.


> On 10/02/2024 9:43 AM PDT R Losey  wrote:
> 
>  
> Perhaps I'm being overly dense here...
> 
> Cash, Bank Accounts, etc are sub-elements of Assets.
> 
> So certainly, GnuCash treats assets the same - an asset is an asset.
> 
> But once you divide assets up - in any way - you are treating them as
> different things... therefore,
> "Is 'Cash on Hand' an asset?" - Yes.
> "Is it treated like other assets?" - Yes.
> Is it the same thing as some other asset? - No
> 
> 
> Just seems to me that we are trying to distinguish between a head category
> (Asset) and its various sub-categories (Cash on Hand) -- this is not really
> a like-to-like comparison.
> 
> On Wed, Oct 2, 2024 at 11:05 AM Brook Milligan via gnucash-user <
> gnucash-user@gnucash.org> wrote:
> 
> > Is it really the case that the _only_ impact of account type is to change
> > the headings in the GUI?
> >
> > Cheers,
> > Brook
> >
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Re: [GNC] Another "multi-account" logical issue - any advice on how to register this?

[Boniforti Flavio]

Thanks.
I will continue looking it at this way.
F.

Chris Miller  schrieb am Mi., 2. Okt. 2024, 16:28:

> Hi Flavio,
>
> > I will think about whether I want to consider the shipping expense as
> part
> > of the value of the goods I bought or not. I understand the difference
> and
> > keeping shipping costs separated from the goods value looks correct to
> me.
> > However, I always considered shipping costs as part of the goods value. I
> > thought "I paid 220 for this guitar, even though 20 are for shipping, so
> to
> > me it's worth 220" (I know this is wrong, because shipping doesn't add
> > value to the goods).
>
> It is not wrong. Shipping does add to the value. The difference between
> potatoes in a field and potatoes in a store is basically shipping. You pay
> more for potatoes in a store because there is a cost to get them there.
>
> You paid $200 for the guitar and $20 for shipping. If you sold the guitar
> for $200, are you breaking even?
>
> The book value of an asset is the cost to acquire and deploy that asset.
> Shipping is clearly an acquisition or deployment cost.
> --
> Chris.
>
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Re: [GNC] Another "multi-account" logical issue - any advice on how to register this?

[Murugan Mariappan]

Inbound shipping costs (freight-in): If the shipping charges are for 
transporting raw materials or inventory to your business (i.e., costs incurred 
to bring goods to your warehouse or manufacturing facility), these are 
typically included in COGS. These costs are part of what it takes to get the 
goods ready for sale.

Outbound shipping costs (freight-out): Shipping charges incurred when 
delivering goods to customers are generally not included in COGS. These are 
often classified as selling expenses or operating expenses. However, some 
companies choose to include outbound shipping in COGS if it is integral to 
delivering the product, but this depends on accounting policies

>From a personal capacity, inbound shipping cost should be part of the cost and 
>outbound should be expensed as operational.





Saludos Cordiales


Murugan


From: gnucash-user 
 on behalf of 
Chris Miller via gnucash-user 
Sent: 02 October 2024 11:28
To: Boniforti Flavio 
Cc: GnuCash users group 
Subject: Re: [GNC] Another "multi-account" logical issue - any advice on how to 
register this?

Hi Flavio,

> I will think about whether I want to consider the shipping expense as part
> of the value of the goods I bought or not. I understand the difference and
> keeping shipping costs separated from the goods value looks correct to me.
> However, I always considered shipping costs as part of the goods value. I
> thought "I paid 220 for this guitar, even though 20 are for shipping, so to
> me it's worth 220" (I know this is wrong, because shipping doesn't add
> value to the goods).

It is not wrong. Shipping does add to the value. The difference between 
potatoes in a field and potatoes in a store is basically shipping. You pay more 
for potatoes in a store because there is a cost to get them there.

You paid $200 for the guitar and $20 for shipping. If you sold the guitar for 
$200, are you breaking even?

The book value of an asset is the cost to acquire and deploy that asset. 
Shipping is clearly an acquisition or deployment cost.
--
Chris.
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Re: [GNC] Cash Account

[Brook Milligan via gnucash-user]

Is it really the case that the _only_ impact of account type is to change the 
headings in the GUI?

Cheers,
Brook

> On Oct 2, 2024, at 9:29 AM, Stan Brown (using GC 4.14)  
> wrote:
> 
> Thanks for this, Ross. I asked a similar question in July, but your look
> into the code gave a much better answer than I got.
> 
> It would be very nice if this information can be added to section 2.8.2
> of the Tutorial and Concepts manual.
> 
> Stan Brown
> Tehachapi, CA, USA
> https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fbrownmath.com%2F&data=05%7C02%7Cbrook%40biology.nmsu.edu%7C4b705d077b4e4fd6e86708dce2f70ea9%7Ca3ec87a89fb84158ba8ff11bace1ebaa%7C1%7C0%7C638634797952949749%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=%2FZfS2v%2BkUjHKAXXXRpevKzz30kumTnp5oXhJO28ce1A%3D&reserved=0
> 
> On 2024-10-01 10:54, Ross Reedstrom wrote:
>> So, answering the question. Internally, GnuCash has an enumeration
>> GnuAccountType, which that drop down is populated from. There are
>> conditionals all over the code that switch based on the account type. One
>> significant one for answering your question (Cash vs. Bank or any other
>> Asset account, Credit vs. generic Liability) is that there  are two
>> mappings for human friendly column names for "debit" and "credit" actions.
>> 
>> Cash uses "Receive" and  "Spend". Bank uses "Deposit" and "Withdraw". Asset
>> uses "Increase" and "Decrease". On the other side of the ledger, Credit
>> uses "Payment" (debit) and "Charge" (credit), generic Liability uses
>> "Decrease" (debit) and "Increase" (credit). Helps get past the
>> non-accountants "Wait, I debit the cash account when I put money in my
>> wallet???" confusion.
>> 
>> There are probably other differences, but that's what I found with a quick
>> search through the code.  Note that the code is well structured, and
>> heavily commented with good comments, for example:
>> 
>> /* The type field is the account type, picked from the enumerated
>> * list that includes ACCT_TYPE_BANK, ACCT_TYPE_STOCK,
>> * ACCT_TYPE_CREDIT, ACCT_TYPE_INCOME, etc.  Its intended use is to
>> * be a hint to the GUI as to how to display and format the
>> * transaction data.
>> */
>> 
>> Hope that helps.
>> 
>> Ross
>> 
>> On Tue, Oct 1, 2024 at 12:24 PM Chris Miller via gnucash-user <
>> gnucash-user@gnucash.org> wrote:
>> 
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Re: [GNC] Cash Account

[R Losey]

Perhaps I'm being overly dense here...

Cash, Bank Accounts, etc are sub-elements of Assets.

So certainly, GnuCash treats assets the same - an asset is an asset.

But once you divide assets up - in any way - you are treating them as
different things... therefore,
"Is 'Cash on Hand' an asset?" - Yes.
"Is it treated like other assets?" - Yes.
Is it the same thing as some other asset? - No


Just seems to me that we are trying to distinguish between a head category
(Asset) and its various sub-categories (Cash on Hand) -- this is not really
a like-to-like comparison.

On Wed, Oct 2, 2024 at 11:05 AM Brook Milligan via gnucash-user <
gnucash-user@gnucash.org> wrote:

> Is it really the case that the _only_ impact of account type is to change
> the headings in the GUI?
>
> Cheers,
> Brook
>
> > On Oct 2, 2024, at 9:29 AM, Stan Brown (using GC 4.14) <
> stan...@fastmail.fm> wrote:
> >
> > Thanks for this, Ross. I asked a similar question in July, but your look
> > into the code gave a much better answer than I got.
> >
> > It would be very nice if this information can be added to section 2.8.2
> > of the Tutorial and Concepts manual.
> >
> > Stan Brown
> > Tehachapi, CA, USA
> >
> https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fbrownmath.com%2F&data=05%7C02%7Cbrook%40biology.nmsu.edu%7C4b705d077b4e4fd6e86708dce2f70ea9%7Ca3ec87a89fb84158ba8ff11bace1ebaa%7C1%7C0%7C638634797952949749%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=%2FZfS2v%2BkUjHKAXXXRpevKzz30kumTnp5oXhJO28ce1A%3D&reserved=0
> >
> > On 2024-10-01 10:54, Ross Reedstrom wrote:
> >> So, answering the question. Internally, GnuCash has an enumeration
> >> GnuAccountType, which that drop down is populated from. There are
> >> conditionals all over the code that switch based on the account type.
> One
> >> significant one for answering your question (Cash vs. Bank or any other
> >> Asset account, Credit vs. generic Liability) is that there  are two
> >> mappings for human friendly column names for "debit" and "credit"
> actions.
> >>
> >> Cash uses "Receive" and  "Spend". Bank uses "Deposit" and "Withdraw".
> Asset
> >> uses "Increase" and "Decrease". On the other side of the ledger, Credit
> >> uses "Payment" (debit) and "Charge" (credit), generic Liability uses
> >> "Decrease" (debit) and "Increase" (credit). Helps get past the
> >> non-accountants "Wait, I debit the cash account when I put money in my
> >> wallet???" confusion.
> >>
> >> There are probably other differences, but that's what I found with a
> quick
> >> search through the code.  Note that the code is well structured, and
> >> heavily commented with good comments, for example:
> >>
> >> /* The type field is the account type, picked from the enumerated
> >> * list that includes ACCT_TYPE_BANK, ACCT_TYPE_STOCK,
> >> * ACCT_TYPE_CREDIT, ACCT_TYPE_INCOME, etc.  Its intended use is to
> >> * be a hint to the GUI as to how to display and format the
> >> * transaction data.
> >> */
> >>
> >> Hope that helps.
> >>
> >> Ross
> >>
> >> On Tue, Oct 1, 2024 at 12:24 PM Chris Miller via gnucash-user <
> >> gnucash-user@gnucash.org> wrote:
> >>
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-- 
_
Richard Losey
rlo...@gmail.com
Micah 6:8
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Re: [GNC] Cash Account

[Ross Reedstrom]

Brook Milligan  wrote:

> Is it really the case that the _only_ impact of account type is to change
> the headings in the GUI?
>

Wll, not completely. The actual question was "how does GnuCash treat
accounts (like Cash, Bank, or Credit) differently than the base accounting
type account  (Asset or Liability) that they clearly are?

If you search the code for all occurrences of ACCT_TYPE_CASH, pretty much
all cases are either setting the label, or using CASH in a logical
selection for any account of type ASSET.
There's a couple corner cases in assistants for some account types that do
things like offering to enter an interest split when reconciling  (if I'm
reading the code correctly) or offering a particular account type when
importing (OXF defaults to _BANK, for example)

This is one of the joys of open source software: we don't have to wait on
the word of the "vendor" (in this case, the core programmers), we're all
free to look at the code. :) I'm more than willing to trade code parsing
help for gnarly accounting question help with any of y'all.

Ross
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Re: [GNC] Another "multi-account" logical issue - any advice on how to register this?

[R Losey]

By the way, "multi-account transactions" would be better named "split
transactions"; I kept thinking you were writing about accessing GnuCash
from multiple user accounts.

Anyway, it's an interesting concept... I don't know that I keep value of
what things are "worth" to me -- I have some priceless things to me but
that would be actually worth very little. Thus is illustrated
the difference between "worth" and "value" -- the value of something is
what one can sell it for, which may be completely unrelated to the worth to
you.

Upon thinking about your situation, I haven't really used GnuCash to track
my possessions... to use your example, if I purchase a guitar for 200 with
a shipping cost of 20 -- assuming I used my bank account, there would be a
split transaction with my bank decreasing by 220, and the expense accounts
of "Instruments" would increase by 200 and Instruments:Shipping would
increase by 20.  Thus, the total of "Instruments" would increase by 220.
Alternatively, you could have "Instruments:Instruments" and
"Instruments:Shipping" as separate sub-accounts under "Instruments", which
would still track the total value.


On Wed, Oct 2, 2024 at 4:48 AM Boniforti Flavio 
wrote:

> Hi David.
>
> Thanks for your feedback - along with all other replies and posts in this
> thread! :-)
>
> I will think about whether I want to consider the shipping expense as part
> of the value of the goods I bought or not. I understand the difference and
> keeping shipping costs separated from the goods value looks correct to me.
> However, I always considered shipping costs as part of the goods value. I
> thought "I paid 220 for this guitar, even though 20 are for shipping, so to
> me it's worth 220" (I know this is wrong, because shipping doesn't add
> value to the goods).
>
> Thanks to everyone!
> F.
>
> https://www.instagram.com/boniforti_music
> https://soundcloud.com/boniforti_music
> https://bonny-j.bandcamp.com
>
>
> Am Mo., 30. Sept. 2024 um 22:32 Uhr schrieb David Cousens <
> davidcousen...@gmail.com>:
>
> > Flavio,
> >
> > Shipping is a service so it does not add to the value of your assets so
> > it is simply an expense so the transaction becomes:
> >
> > PURCHASE:
> > Increase "Assets:Material:Item #1" of 300
> > Decrease "Checking account" by 300.
> > Increase "Expenses:Postage" of 10.
> > Decrease "Checking account" by 10.
> >
> > then there is no need to account for the shipping at time of sale
> > SALE:
> > Increase "Checking account" by 320.
> > Decrease "Assets:Material:Item #1" by 300.
> > Increase  "Income:Sales"by  20.
> >
> > The difference between "Income:Sales" and "Expenses:Postage" is your
> > profit on the transaction  and the difference between the balance of
> > the top level Income account and the top level Expenses account will
> > represent your overall profit.  If you needed to know the profit on an
> > individual item you would add a subaccount to the Expenses:Postage
> > :Item #1.
> >
> > David Cousens
> >
> >
> > On Mon, 2024-09-30 at 18:47 +0200, Boniforti Flavio wrote:
> > > Hi all.
> > > I'm again stuck with a specific type of transaction and would like to
> > > have
> > > it validated (or corrected). Suggestions on how you would do it are
> > > welcome
> > > as well - I might not be using the most intuitive way of registering
> > > it.
> > >
> > > So...
> > >
> > > I bought an item for 300. Paid for it from my checking account.
> > > I paid for shipping separately 10. Paid for this as well from my
> > > checking
> > > account.
> > > Sold the item for 320, which was wire-transferred into my checking
> > > account.
> > > I have earned 10 from the transaction.
> > >
> > > I have created an account for that item:
> > > Assets:Material:Item #1
> > > Also, I've added a shipping sub-account to it:
> > > Assets:Material:Item #1:Shipping
> > >
> > > Then I entered the split transaction as follows:
> > >
> > > PURCHASE =
> > > Increase "Assets:Material:Item #1" of 300.
> > > Increase "Assets:Material:Item #1:Shipping" of 10.
> > > Decrease "Checking account" by 300.
> > > Decrease "Checking account" by 10.
> > > As I also have an account for "Postage expenses", how would I have to
> > > register the 10 bucks I spent for shipping, so that it also accounts
> > > towards the postage expenses in general?
> > >
> > > SALE =
> > > Increase "Checking account" by 320.
> > > Decrease "Assets:Material:Item #1:Shipping" by 10.
> > > Decrease "Assets:Material:Item #1" by 300.
> > > Increase "Sales Surplus" by 10.
> > >
> > > Thanks (again) for your help!
> > > F.
> > >
> > > https://www.instagram.com/boniforti_music
> > > https://soundcloud.com/boniforti_music
> > > https://bonny-j.bandcamp.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 you

Re: [GNC] Cash Account

[Ross Reedstrom]

The question was not a theoretical one, it was a practical one. I agree,
theoretically, you would expect GC to treat all AssetClass accounts the
same. In fact, in object-oriented coding, it's best practice to have a
parent class that you'd derive the child classes from, so that association
is enforced by the code. However, the reality is, GC started as a C
program, with hand-coded OO aspects, and is being morphed into a C++ OO
program over time. I applaud the coders for their work, this code base is
amazing and robust, but it's not perfect. So it actually does make sense to
ask "I know these account types are all Asset accounts. GnuCash seems to
treat them all as Asset accounts. Are there actually any differences?" To
answer that, you either have to test all the corner cases in the app
(tedious), or, luck us, GC is open source, we can look and see what the
code actually does.

An example of the sort of thing I discovered: there originally was the
intent to have separate sub-types for bank accounts of type _CHECKING,
_SAVINGS, _MONEYMRKT, _CREDITLINE - but it was never fleshed out, and I
assume the coders have since found that there's really not enough value in
treating them differently.

Code archeology - an underappreciated art. :)

Ross


On Wed, Oct 2, 2024 at 11:44 AM R Losey  wrote:

> Perhaps I'm being overly dense here...
>
> Cash, Bank Accounts, etc are sub-elements of Assets.
>
> So certainly, GnuCash treats assets the same - an asset is an asset.
>
> But once you divide assets up - in any way - you are treating them as
> different things... therefore,
> "Is 'Cash on Hand' an asset?" - Yes.
> "Is it treated like other assets?" - Yes.
> Is it the same thing as some other asset? - No
>
>
> Just seems to me that we are trying to distinguish between a head category
> (Asset) and its various sub-categories (Cash on Hand) -- this is not really
> a like-to-like comparison.
>
> On Wed, Oct 2, 2024 at 11:05 AM Brook Milligan via gnucash-user <
> gnucash-user@gnucash.org> wrote:
>
> > Is it really the case that the _only_ impact of account type is to change
> > the headings in the GUI?
> >
> > Cheers,
> > Brook
> >
> > > On Oct 2, 2024, at 9:29 AM, Stan Brown (using GC 4.14) <
> > stan...@fastmail.fm> wrote:
> > >
> > > Thanks for this, Ross. I asked a similar question in July, but your
> look
> > > into the code gave a much better answer than I got.
> > >
> > > It would be very nice if this information can be added to section 2.8.2
> > > of the Tutorial and Concepts manual.
> > >
> > > Stan Brown
> > > Tehachapi, CA, USA
> > >
> >
> https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fbrownmath.com%2F&data=05%7C02%7Cbrook%40biology.nmsu.edu%7C4b705d077b4e4fd6e86708dce2f70ea9%7Ca3ec87a89fb84158ba8ff11bace1ebaa%7C1%7C0%7C638634797952949749%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=%2FZfS2v%2BkUjHKAXXXRpevKzz30kumTnp5oXhJO28ce1A%3D&reserved=0
> > >
> > > On 2024-10-01 10:54, Ross Reedstrom wrote:
> > >> So, answering the question. Internally, GnuCash has an enumeration
> > >> GnuAccountType, which that drop down is populated from. There are
> > >> conditionals all over the code that switch based on the account type.
> > One
> > >> significant one for answering your question (Cash vs. Bank or any
> other
> > >> Asset account, Credit vs. generic Liability) is that there  are two
> > >> mappings for human friendly column names for "debit" and "credit"
> > actions.
> > >>
> > >> Cash uses "Receive" and  "Spend". Bank uses "Deposit" and "Withdraw".
> > Asset
> > >> uses "Increase" and "Decrease". On the other side of the ledger,
> Credit
> > >> uses "Payment" (debit) and "Charge" (credit), generic Liability uses
> > >> "Decrease" (debit) and "Increase" (credit). Helps get past the
> > >> non-accountants "Wait, I debit the cash account when I put money in my
> > >> wallet???" confusion.
> > >>
> > >> There are probably other differences, but that's what I found with a
> > quick
> > >> search through the code.  Note that the code is well structured, and
> > >> heavily commented with good comments, for example:
> > >>
> > >> /* The type field is the account type, picked from the enumerated
> > >> * list that includes ACCT_TYPE_BANK, ACCT_TYPE_STOCK,
> > >> * ACCT_TYPE_CREDIT, ACCT_TYPE_INCOME, etc.  Its intended use is to
> > >> * be a hint to the GUI as to how to display and format the
> > >> * transaction data.
> > >> */
> > >>
> > >> Hope that helps.
> > >>
> > >> Ross
> > >>
> > >> On Tue, Oct 1, 2024 at 12:24 PM Chris Miller via gnucash-user <
> > >> gnucash-user@gnucash.org> wrote:
> > >>
> > > ___
> > > gnucash-user mailing list
> > > gnucash-user@gnucash.org
> > > To update your subscription preferences or to unsubscribe:
> > >
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Re: [GNC] Another "multi-account" logical issue - any advice on how to register this?

[Michael or Penny Novack via gnucash-user]

However, I always considered shipping costs as part of the goods value. I
thought "I paid 220 for this guitar, even though 20 are for shipping, so to
me it's worth 220" (I know this is wrong, because shipping doesn't add
value to the goods).

"Shipping cost" has added to the value of goods for thousands of years. 
Transporting of goods from where they are of little value (low cost per 
unit) because they are common there to another location where they are 
of high value (high cost per unit) because scarce there is the reason 
humans engaged in "trade". Goes back to the prehistoric when that might 
be a basket pack of cowrie shells some guy put on his back and walked 
hundreds of miles from the coast to the interior. He did this because 
this effort changed (increased) the value of the cowrie shells in that 
basket.


THAT is why my example of this was firewood. The value of "stumpage" is 
quite low (price per cord of non-lumber wood where is/as is in the 
forest). Maybe just $5-10/cord. That value is being increased by the 
firewood dealer felling, skidding logs to the landing, trucking to 
his/her yard, bucking, splitting, and put to dry. Might then be able to 
sell it for $200/cord delivered short distance and maybe plus a 
surcharge for longer distance. Similarly the person buying this wood 
might be paying extra to take those piles of wood dumped at his/her 
place and stack it under cover << it IS worth more stacked in the 
woodshed rather than buried in the snow >>


Work performed on goods and transport of goods does affect the value of 
goods.


Suppose you were a maker of wooden widgets. Do you imagine the proper 
"cost per widget" in your inventory would be just the cost of the wood 
(and you could take as immediate expenses the cost of labor to transform 
the wood into widgets) or that you were required to make those costs 
part of the cost of widgets in inventory (so you got to deduct those 
expenses only as widgets were sold as "cost of goods sold". The taxman 
is going to have a say about this. BTW, this has a HUGE affect on how 
certain businesses are conducted << it is "costly" for producers to hold 
inventory long tern when they can't deduct production costs till sold >>


Michael D Novack


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Re: [GNC] Another "multi-account" logical issue - any advice on how to register this?

[Chris Miller via gnucash-user]

Hi Flavio,

> I will think about whether I want to consider the shipping expense as part
> of the value of the goods I bought or not. I understand the difference and
> keeping shipping costs separated from the goods value looks correct to me.
> However, I always considered shipping costs as part of the goods value. I
> thought "I paid 220 for this guitar, even though 20 are for shipping, so to
> me it's worth 220" (I know this is wrong, because shipping doesn't add
> value to the goods).

It is not wrong. Shipping does add to the value. The difference between 
potatoes in a field and potatoes in a store is basically shipping. You pay more 
for potatoes in a store because there is a cost to get them there.

You paid $200 for the guitar and $20 for shipping. If you sold the guitar for 
$200, are you breaking even?

The book value of an asset is the cost to acquire and deploy that asset. 
Shipping is clearly an acquisition or deployment cost.
-- 
Chris. 
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Re: [GNC] Finance::Quote failed to initialize

[Boniforti Flavio]

Hi John.
I installed GnuCash with HomeBrew. I did not manually install Perl - it was
already there:

me@MacBook-Pro ~ % perl -v


This is perl 5, version 34, subversion 1 (v5.34.1) built for
darwin-thread-multi-2level

(with 2 registered patches, see perl -V for more detail)


Copyright 1987-2022, Larry Wall


Perl may be copied only under the terms of either the Artistic License or
the

GNU General Public License, which may be found in the Perl 5 source kit.


Complete documentation for Perl, including FAQ lists, should be found on

this system using "man perl" or "perldoc perl".  If you have access to the

Internet, point your browser at http://www.perl.org/, the Perl Home Page.


My MBP is an M1.

Thanks for helping,
F.

https://www.instagram.com/boniforti_music
https://soundcloud.com/boniforti_music
https://bonny-j.bandcamp.com


Am Do., 3. Okt. 2024 um 01:13 Uhr schrieb John Ralls :

> Flavio,
>
> What did you actually do? Do you by any chance have a perl installed that
> isn’t from Apple, perhaps HomeBrew or MacPorts? Is your MBP an Intel or
> Apple Silicon one and did you install the GnuCash that matches the
> architecture?
>
> Regards,
> John Ralls
>
>
> > On Oct 2, 2024, at 12:03, Boniforti Flavio 
> wrote:
> >
> > Hi all.
> >
> > On MacOS Sonoma 14.6.1 I've just followed the instructions from the
> GnuCash
> > documentation to install the Finance::Quote module.
> > After finishing without errors, I tried to use it but it won't
> initialize -
> > see here:
> >
> > me@MacBook-Pro ~ %
> > /System/Volumes/Data/Applications/Gnucash.app/Contents/MacOS/gnucash-cli
> -Q
> > info
> >
> > Application Path
> > /System/Volumes/Data/Applications/Gnucash.app/Contents/MacOS/gnucash-cli
> >
> > Failed to initialize Finance::Quote: missing_modules Finance::Quote
> > JSON::Parse
> >
> >
> > Even Perl doesn't know about its existence:
> >
> > me@MacBook-Pro ~ % perldoc Finance::Quote
> >
> > No documentation found for "Finance::Quote".
> >
> > Is anybody able to help me understand what's gone wrong and how to fix
> it?
> >
> > Thanks,
> > F.
> >
> > https://www.instagram.com/boniforti_music
> > https://soundcloud.com/boniforti_music
> > https://bonny-j.bandcamp.com
> > ___
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>
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