Re: [GNC] Why is part of a split registered as "rebate" in the Transfer account?

[Boniforti Flavio]

Hi Stan.
You're right - it's not GNC, it's my (lack of) accounting knowledge. I
might give a repeated read of chapter 2 - in the meantime I am still
thankful for all the people on this list who are giving advices and helping
me (and others) out.
F.

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


Am Fr., 22. Nov. 2024 um 21:40 Uhr schrieb Stan Brown (using GC 4.14) <
stan...@fastmail.fm>:

> On 2024-11-22 10:57, David Cousens wrote:
> > This is where you need an accountant in your jurisdiction. It all
> > depends on the business legislation and taxation legislation and often
> > on regulations and past court decisions and on the exact form of
> > agreement you reached with the buyer and the documentation of that that
> > you have.
>
> Quite possibly. IIRC, Flavio isn't operating a business, but we don't
> know whether Switzerland imposes any tax on these private sales.
>
> What Flavio _does_ really really need, in my opinion, is to read Chapter
> 2 of the Tutorial and Concepts Guide, and read it again until he's
> mastered it. He would save himself a lot of confusion if he would get
> absolutely clear in his head about debits versus credits, and the effect
> of a debit or credit on each type of account. Instead, it seems
> to me that he's just throwing splits together and then asking on this
> list about one transaction after another. Asking about every tree is not
> an efficient way to learn about the forest.
>
> GnuCash isn't hard to use, as software goes, but it's not very forgiving
> to folks who just dive in without understanding double-entry bookkeeping.
>
> 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.
>
___
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.

Re: [GNC] Why is part of a split registered as "rebate" in the Transfer account?

[Boniforti Flavio]

Hi Richard.

Why should my "Shipping costs" account have a "rebate" value of 50 (using
your numbers)? I don't think it should be a rebate: instead it looks to me
that it should be an expense. The "shipping costs" account is an expense
type of account, therefore I think that I spent 50 Euros for shipping and
this has to increase the "shipping costs". With a rebate, it decreases
them...

F.

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


Am Sa., 23. Nov. 2024 um 14:48 Uhr schrieb R Losey :

> Ah, well, that makes it simpler. How about something like the following?
> (I'm going to make up numbers instead of using yours).
>
> Your instrument: 800
> Sold for 1000
> Shipping is 50
> Thus, buyer sends you a check for 1050
> You write a check for 50 to SHIPPER to pay for shipping
>
> I would enter these as two transactions - the sale and the shipping
> payment.
>
> Transaction 1:
> Increase the bank account by 1050 (a "Deposit")
> decrease your instrument value by 800
> your income from the sale increases by 200
> the remaining 50 should go into shipping expenses (as a "Rebate")
>
> Transaction 2:
> Decrease the bank account by 50
> Shipping expense should have an Expense of 50
>
>
> Because the buyer is paying shipping, you don't really have any shipping
> expenses, but the way above, everything is recorded for future reference,
> if need be. The shipping expense account will show both an increase of 50
> that the buyer paid in, and the decrease when the shipping was paid.
>
> How does that sound?
>
>
>
> On Sat, Nov 23, 2024 at 6:59 AM Boniforti Flavio 
> wrote:
>
>> Hi Richard.
>> It's one payment I got from the buyer, which includes both the value of
>> the goods and the shipping costs.
>> F.
>>
>> https://www.instagram.com/boniforti_music
>> https://soundcloud.com/boniforti_music
>> https://bonny-j.bandcamp.com
>>
>>
>> Am Fr., 22. Nov. 2024 um 18:10 Uhr schrieb R Losey :
>>
>>> Hi. Your statement that "shipping is... paid by me, but the buyer is
>>> giving me the money for the shipping" is a contradiction. If the buyer is
>>> providing the funds, he is paying the shipping, not you. How you would
>>> record this depends partly on preference and partly how this is done... is
>>> the shipping included in the total sent to you? Is it a separate payment?
>>> If it is part of the same "transaction", I would use one entry, but if he
>>> gives you money at two different times or in two different ways, I would
>>> use two transactions.
>>>
>>>
>>> On Fri, Nov 22, 2024 at 2:15 AM Boniforti Flavio 
>>> wrote:
>>>
 Hi David.
 Shipping is factually paid by me with my money, but the buyer is giving
 me
 the money for the shipping. So do I understand it right that I could
 separate this sale and just enter two transactions in my checking
 account?
 One would be the shipping costs, the other is the rest from 1214 EUR? I
 then would have two different "sources of money" for both zeroing the
 "Korg
 MS-20M" account and for the "shipping costs of sales" account. Could
 this
 work?

 F.

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


 Am Fr., 22. Nov. 2024 um 04:57 Uhr schrieb David Cousens <
 davidcousen...@gmail.com>:

 > It all depends on whether the buyer or seller is paying the shipping
 > costs.
 >
 > If the seller is paying the shipping costs then it is an expense to
 the
 > seller but in this case the shipping costs are not explicitly included
 > in the purchase price and would be paid.
 >
 > For a business this could be recorded as
 >
 >
 > Asset:Mus. Inst.  Cr 800.00
 > Expenses:CoGS Dr 800.00
 > Asset:Bank AccountDr 1241.00
 > Income:Sales Mus Inst Cr 1241.00
 >
 > when the funds are received
 >
 > Asset:Bank account   Cr 35.49
 > Expense:Shipping Dr 35.49
 >
 > when shipping is paid (these could be combined if simultaneous but
 > ideally better to keep the splits with memo annotations)
 >
 > and the nett profit on the sale is 1241-800-35.49 = 405.51
 >
 > If the buyer is paying the shipping costs, then the purchase price
 > should have included the shipping over and above the sale price of the
 > instrument itself and the seller cannot claim the shipping as an
 > expense and part of the money received pays for the shipping.
 >
 > For this case it could be recorded as
 >
 > Asset BankDr 1178.51
 > Asset:Mus. Inst.  Cr 800.00
 > Expenses:CoGS Dr 800.00
 > Income:Sales  Cr 1178.51
 >
 > Asset:BankDr 35.49
 > Liability:ShippingCr 35.49
 >
 > when the funds are received
 >
 > and when the shipping is paid
 >
 > Asset:Bank   Cr 35.49
 > Liabi

Re: [GNC] questions about the python bindings and pricdb add_price()

[John Ralls]

Yes, there is a limit of one price per day per commodity pair. Note that the 
code that enforces it isn’t smart enough to look at the other direction so you 
can have different prices for e.g. USD->EUR and EUR->USD and that will cause 
trouble in reports.

There’s a price-source hierarchy, see 
https://github.com/Gnucash/gnucash/blob/764157ddeb6e7eb90e4c9fdae00ec51dcfda35ea/libgnucash/engine/gnc-pricedb.h#L164,
 that establishes what kind of price source can overwrite an existing price. 

Regards,
John Ralls
 

> On Nov 25, 2024, at 07:20, Noerr via gnucash-user  
> wrote:
> 
> Hi,
> 
> I've made some progress to insert commodity price history into my
> GnuCash security price database using the python API.  I have a few
> questions to finish off my goal.
> 
> I worked from two examples: https://wiki.gnucash.org/wiki/Stocks/get_prices
> and
> https://github.com/hjacobs/gnucash-stock-portfolio/blob/master/portfolio.py
> 
> I'm wondering if I need to be thinking about hour of the day or time zones
> on the datetime object set on GncPrice.set_time64() ?For the moment,
> I'm only setting the date associated with the price.  Does the pricedb
> accept multiple prices in one day (say, for a market-traded security).  My
> intention is only to record the close-price for such securities anyway.
> 
> I observe that on dates where my pricedb already had a price from an
> existing source (transaction, occasional Finance::Quote update, etc. that a
> new price was not added on that day).  Is there a limit of one price per
> day?
> 
> How do I populate the "Source" and "Type" columns that display in the GUI
> Price Database?  Currently, my new prices have Source "invalid" and an
> empty Type column.
> 
> 
> p = GncPrice(book)
> p.set_time64(price_date )  #price_date is a datetime.datetime object
> p.set_commodity(commodity)
> p.set_currency(gnc_currency)
> p.set_value(price_gnc)
> pricedb.add_price(p)
> 
> 
> [image: Screenshot 2024-11-25 at 07.07.55.png]
> 
> 
> Thanks!
>  07.07.55.png>___
> 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.

___
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.

Re: [GNC] Why is part of a split registered as "rebate" in the Transfer account?

[Boniforti Flavio]

I think this is the only reference to the income into my checking account
(from my initial post):

"I now sold it and I got 1214 EUR for it. So I entered 1214 in the "Total
Increase" column, with "Transfer" my EUR Checking account."

Thanks anyways - probably it's best for me not to try and put everything
from this sale into one transaction (with multiple splits). I'm not
understanding how to make it work :-(
It will look weird, but I could enter 3 transactions of "income" into my
checking account: 800 (which I use to "zero" the value of my instrument),
35,49 (for the shipping) and a third one which goes into my "gain"...
What do you think?

F.

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


Am Sa., 23. Nov. 2024 um 17:37 Uhr schrieb Michael or Penny Novack via
gnucash-user :

> On 11/23/2024 7:58 AM, Boniforti Flavio wrote:
> > Hi Richard.
> > It's one payment I got from the buyer, which includes both the value of
> the
> > goods and the shipping costs.
> > F.
>
> It would have helped me give you advice had you said that earlier.
> Except you DID say that you had deposited the (entire) payment. So you
> left out of the description how you paid for the shipping.
>
> Michael D Novack
>
>
> ___
> 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.
>
___
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.

Re: [GNC] questions about the python bindings and pricdb add_price()

[Noerr via gnucash-user]

Thanks John.

I read through the code.  The price source hierarchy means new prices from
PRICE_SOURCE_USER_PRICE would overwrite transaction and stock split price
sources.  I don't want that.  I also don't like the sound of generally
inserting prices of source PRICE_SOURCE_INVALID, which would be the lowest
hierarchy.So I am thinking I will first add a test with
gnc_pricedb_lookup_day_t64() and only insert a new price
of PRICE_SOURCE_USER_PRICE if this returns false.
Or maybe I'm not thinking about this the right way, because Finance::Quote
would do the same overrides I'm concerned about.  But Finance::Quote is
well established code and process rather than something I'm baking up.


That function's documentation again makes me wonder if I should be trying
to do something with the hour and timezone in the datetime.datetime
instance:
"@param t A time. The price returned will be in the same day as this
time according to the local timezone."

(I can't really unpack that statement and its implications)

Is there general documentation about GnuCash considers time and local time
somewhere?

Cheers,

Noah


On Mon, Nov 25, 2024 at 9:41 AM John Ralls <
jralls_at_ceridwen_us_6r6jr9qybm4741_5ee90...@icloud.com> wrote:

> Yes, there is a limit of one price per day per commodity pair. Note that
> the code that enforces it isn’t smart enough to look at the other direction
> so you can have different prices for e.g. USD->EUR and EUR->USD and that
> will cause trouble in reports.
>
> There’s a price-source hierarchy, see
> https://github.com/Gnucash/gnucash/blob/764157ddeb6e7eb90e4c9fdae00ec51dcfda35ea/libgnucash/engine/gnc-pricedb.h#L164,
> that establishes what kind of price source can overwrite an existing price.
>
> Regards,
> John Ralls
>
>
> On Nov 25, 2024, at 07:20, Noerr via gnucash-user <
> gnucash-user@gnucash.org> wrote:
>
> Hi,
>
> I've made some progress to insert commodity price history into my
> GnuCash security price database using the python API.  I have a few
> questions to finish off my goal.
>
> I worked from two examples:
> https://wiki.gnucash.org/wiki/Stocks/get_prices
> and
> https://github.com/hjacobs/gnucash-stock-portfolio/blob/master/portfolio.py
>
> I'm wondering if I need to be thinking about hour of the day or time zones
> on the datetime object set on GncPrice.set_time64() ?For the moment,
> I'm only setting the date associated with the price.  Does the pricedb
> accept multiple prices in one day (say, for a market-traded security).  My
> intention is only to record the close-price for such securities anyway.
>
> I observe that on dates where my pricedb already had a price from an
> existing source (transaction, occasional Finance::Quote update, etc. that a
> new price was not added on that day).  Is there a limit of one price per
> day?
>
> How do I populate the "Source" and "Type" columns that display in the GUI
> Price Database?  Currently, my new prices have Source "invalid" and an
> empty Type column.
>
>
> p = GncPrice(book)
> p.set_time64(price_date )  #price_date is a datetime.datetime object
> p.set_commodity(commodity)
> p.set_currency(gnc_currency)
> p.set_value(price_gnc)
> pricedb.add_price(p)
>
>
> [image: Screenshot 2024-11-25 at 07.07.55.png]
>
>
> Thanks!
> 
> ___
> 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.
>
>
>
___
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.

Re: [GNC] Why is part of a split registered as "rebate" in the Transfer account?

[Michael or Penny Novack via gnucash-user]

On 11/25/2024 12:25 PM, Boniforti Flavio wrote:

Hi David.
No taxation and regulations needed here: I'm a private individual, not a
business.

It's why we can't advise on stuff like THAT. The rules depend on 
jurisdiction as well as status. Here in the US technically status does 
not matter (in theory individuals also own "gains" tax) but 
practicality. For example, here in th US an individual would in theory 
owe but in reality they don't look at small stuff like that. But if that 
was a cello you bought for 10,000, spent 2,000 to get it refurbished, 
and then ended up selling it for 20,000, maybe better report.


But with status + jurisdiction can get very complicated. Thus if HERE 
and an organization the account "shipping cost" would be a parent with 
two children, "postal" and "non-postal" << total printing and postage is 
a line item expense on the 990/990EZ --- note: non-profit orgs aren't 
paying taxes, for some reason the gov't just wants to know how much of 
what the non-profit spends on is coming back to the gov't in this way >> 
In other words, would matter HOW shipped, not just what that cost.


Understand? WE don't know, until you tell us, whether will need to take 
account of taxes.


Michael d Novack


___
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.

Re: [GNC] Multi-currency split

[Fred Tydeman]

Is there a way to do that without knowing the USD cost of the groc.?
If so, in which account should the transaction be made?

I had already done it as two transactions before I asked this question.
Doing it that way, the USD groc. cost is 40.13 (not your 36.16).

The official USD to XCD conversion rate is 2.7
The credit card is using 2.688

On Mon, Nov 25, 2024 at 2:25 PM Murugan Mariappan <
m.muruganan...@hotmail.com> wrote:

> The entries will look like
>
> Dr Expenses: Groceries USD 36.16
> Cr Liab: Credit Card USD 33.49
> Cr Cash: XCD Cash XCD 18.3 (USD 2.67)
>
> i have assumed the same exchange rate as credit card.
>
>
>
>
> Saludos Cordiales
>
>
> Murugan
> --
> *From:* gnucash-user  hotmail@gnucash.org> on behalf of Fred Tydeman  >
> *Sent:* 25 November 2024 15:05
> *To:* Gnucash Users 
> *Subject:* [GNC] Multi-currency split
>
> My home currency is USD
> I have an expense account for groc. in USD
> I have a cash account for XCD
> I have a liability credit card account in USD
> I buy some groc. in Antigua
> I pay with 18.30 XCD (local currency)
> and 90.02 XCD via credit card that shows as USD 33.49
>
> I could record this as two transactions:
>   USD 33.49 -> 90.02 XCD;  credit card to cash
>   108.32 XCD -> ??? USD; cash to groc expense
> How would I record this as one transaction with splits?
> And, in which account should I do this?
> ___
> gnucash-user mailing list
> gnucash-user@gnucash.org
> To update your subscription preferences or to unsubscribe:
>
> https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Flists.gnucash.org%2Fmailman%2Flistinfo%2Fgnucash-user&data=05%7C02%7C%7C0cfd0aeb9d104df6ea1d08dd0d7c08a8%7C84df9e7fe9f640afb435%7C1%7C0%7C638681548557227929%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=lv3Hl9GFzynffNyxfVcOlwmlxizprXur3T8cpjzl1b4%3D&reserved=0
> 
> -
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
>
___
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.

Re: [GNC] Why is part of a split registered as "rebate" in the Transfer account?

[R Losey]

Well, it's not really a "rebate"; it's called that because, in most cases,
expenses are just expenses, and anything on the other side is a rebate.
However, this is a credit to shipping expenses, because you will then later
have an expense entry to zero it out... after all, since the buyer is
paying shipping costs, your net expenses should be zero.

Don't let the column labels confuse you in this matter.

You DO spend 50 for shipping, but the buyer paid you 50, so your actual
shipping expenses should be zero.  Think if you paid for shipping and THEN
he paid you back -- you'd have a 50 "expense" and then a "rebate" or
"payback" of 50.



On Mon, Nov 25, 2024 at 11:36 AM Boniforti Flavio 
wrote:

> Hi Richard.
>
> Why should my "Shipping costs" account have a "rebate" value of 50 (using
> your numbers)? I don't think it should be a rebate: instead it looks to me
> that it should be an expense. The "shipping costs" account is an expense
> type of account, therefore I think that I spent 50 Euros for shipping and
> this has to increase the "shipping costs". With a rebate, it decreases
> them...
>
> F.
>
> https://www.instagram.com/boniforti_music
> https://soundcloud.com/boniforti_music
> https://bonny-j.bandcamp.com
>
>
> Am Sa., 23. Nov. 2024 um 14:48 Uhr schrieb R Losey :
>
>> Ah, well, that makes it simpler. How about something like the following?
>> (I'm going to make up numbers instead of using yours).
>>
>> Your instrument: 800
>> Sold for 1000
>> Shipping is 50
>> Thus, buyer sends you a check for 1050
>> You write a check for 50 to SHIPPER to pay for shipping
>>
>> I would enter these as two transactions - the sale and the shipping
>> payment.
>>
>> Transaction 1:
>> Increase the bank account by 1050 (a "Deposit")
>> decrease your instrument value by 800
>> your income from the sale increases by 200
>> the remaining 50 should go into shipping expenses (as a "Rebate")
>>
>> Transaction 2:
>> Decrease the bank account by 50
>> Shipping expense should have an Expense of 50
>>
>>
>> Because the buyer is paying shipping, you don't really have any shipping
>> expenses, but the way above, everything is recorded for future reference,
>> if need be. The shipping expense account will show both an increase of 50
>> that the buyer paid in, and the decrease when the shipping was paid.
>>
>> How does that sound?
>>
>>
>>
>> On Sat, Nov 23, 2024 at 6:59 AM Boniforti Flavio 
>> wrote:
>>
>>> Hi Richard.
>>> It's one payment I got from the buyer, which includes both the value of
>>> the goods and the shipping costs.
>>> F.
>>>
>>> https://www.instagram.com/boniforti_music
>>> https://soundcloud.com/boniforti_music
>>> https://bonny-j.bandcamp.com
>>>
>>>
>>> Am Fr., 22. Nov. 2024 um 18:10 Uhr schrieb R Losey :
>>>
 Hi. Your statement that "shipping is... paid by me, but the buyer is
 giving me the money for the shipping" is a contradiction. If the buyer is
 providing the funds, he is paying the shipping, not you. How you would
 record this depends partly on preference and partly how this is done... is
 the shipping included in the total sent to you? Is it a separate payment?
 If it is part of the same "transaction", I would use one entry, but if he
 gives you money at two different times or in two different ways, I would
 use two transactions.


 On Fri, Nov 22, 2024 at 2:15 AM Boniforti Flavio 
 wrote:

> Hi David.
> Shipping is factually paid by me with my money, but the buyer is
> giving me
> the money for the shipping. So do I understand it right that I could
> separate this sale and just enter two transactions in my checking
> account?
> One would be the shipping costs, the other is the rest from 1214 EUR? I
> then would have two different "sources of money" for both zeroing the
> "Korg
> MS-20M" account and for the "shipping costs of sales" account. Could
> this
> work?
>
> F.
>
> https://www.instagram.com/boniforti_music
> https://soundcloud.com/boniforti_music
> https://bonny-j.bandcamp.com
>
>
> Am Fr., 22. Nov. 2024 um 04:57 Uhr schrieb David Cousens <
> davidcousen...@gmail.com>:
>
> > It all depends on whether the buyer or seller is paying the shipping
> > costs.
> >
> > If the seller is paying the shipping costs then it is an expense to
> the
> > seller but in this case the shipping costs are not explicitly
> included
> > in the purchase price and would be paid.
> >
> > For a business this could be recorded as
> >
> >
> > Asset:Mus. Inst.  Cr 800.00
> > Expenses:CoGS Dr 800.00
> > Asset:Bank AccountDr 1241.00
> > Income:Sales Mus Inst Cr 1241.00
> >
> > when the funds are received
> >
> > Asset:Bank account   Cr 35.49
> > Expense:Shipping Dr 35.49
> >
> > when shipping is paid (these could be combined if simultaneous but
> > ideally better to keep the 

Re: [GNC] Why is part of a split registered as "rebate" in the Transfer account?

[R Losey]

The wonder and beauty of GnuCash is that you can do whatever works for
you... as long as the end results are correct. These days, I prefer to
enter an action as one transaction with multiple splits; in the past, I
used to use multiple transactions for an action.

Remember, since the buyer is paying you for shipping expenses, your net
change in that account should be zero. So, the money he pays you is a
"credit" in the Expenses account (right-hand side). [It will be labeled
"Rebate" because you have formal accounting labels turned off, but don't
worry about that.]

Remember, at some time in the future, you will have to pay money for
shipping, so there will be an entry for that with 35,49 leaving the
checking account, and going into shipping expenses as an "Expense" (in
formal terms, a "debit") that will zero out the other 35,49 entry.



On Mon, Nov 25, 2024 at 11:48 AM Boniforti Flavio 
wrote:

> I think this is the only reference to the income into my checking account
> (from my initial post):
>
> "I now sold it and I got 1214 EUR for it. So I entered 1214 in the "Total
> Increase" column, with "Transfer" my EUR Checking account."
>
> Thanks anyways - probably it's best for me not to try and put everything
> from this sale into one transaction (with multiple splits). I'm not
> understanding how to make it work :-(
> It will look weird, but I could enter 3 transactions of "income" into my
> checking account: 800 (which I use to "zero" the value of my instrument),
> 35,49 (for the shipping) and a third one which goes into my "gain"...
> What do you think?
>
> F.
>
> https://www.instagram.com/boniforti_music
> https://soundcloud.com/boniforti_music
> https://bonny-j.bandcamp.com
>
>
> Am Sa., 23. Nov. 2024 um 17:37 Uhr schrieb Michael or Penny Novack via
> gnucash-user :
>
> > On 11/23/2024 7:58 AM, Boniforti Flavio wrote:
> > > Hi Richard.
> > > It's one payment I got from the buyer, which includes both the value of
> > the
> > > goods and the shipping costs.
> > > F.
> >
> > It would have helped me give you advice had you said that earlier.
> > Except you DID say that you had deposited the (entire) payment. So you
> > left out of the description how you paid for the shipping.
> >
> > Michael D Novack
> >
> >
> > ___
> > 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.
> >
> ___
> 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.
>


-- 
_
Richard Losey
rlo...@gmail.com
Micah 6:8
___
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.

Re: [GNC] Why is part of a split registered as "rebate" in the Transfer account?

[David Cousens]

Flavio,

Even as a private individual you will be subject to at least taxation
legislation regarding income.  The business legislation may or may not
apply depending on the level of activity. My wife is an artist,
formerly making her living from exhibitions and painting sales. We are
now retired and these days she only occasionally sells paintings mainly
to close friends - any income earned from that for example is
reportable, although not necessarily taxed. The devil is in the detail
here, hence our suggestions about getting professional advice.

David



On Mon, 2024-11-25 at 18:25 +0100, Boniforti Flavio wrote:
> Hi David.
> No taxation and regulations needed here: I'm a private individual,
> not a business.
> 
> F.
> https://www.instagram.com/boniforti_music
> https://soundcloud.com/boniforti_music
> https://bonny-j.bandcamp.com
> 
> 
> Am Fr., 22. Nov. 2024 um 19:58 Uhr schrieb David Cousens
> :
> > Boniforti,
> > 
> > This is where you need an accountant in your jurisdiction. It all
> > depends on the business legislation and taxation legislation and
> > often on regulations and past court decisions and on the exact form
> > of agreement you reached with the buyer and the documentation of
> > that that you have.  
> > 
> > If your taxation authority has an advisory service you could
> > contact them for advice about whether you treat shipping as an
> > expense or liability. If you issued an invoice or receipt to the
> > buyer which specified the price of the instrument, and the shipping
> > costs and the total of 1214Eu, then there is a good chance the
> > shipping costs are effectively considered as being paid by the
> > buyer, so on receipt of the funds, that creates an obligation on
> > you to pay for the shipping, i.e. a liability as the funds are only
> > being passed to the shipper through you, so the second treatment is
> > most likely to be appropriate but I cannot know for sure.  
> > 
> > Cheers
> > David
> > 
> > 
> > On Fri, 2024-11-22 at 09:14 +0100, Boniforti Flavio wrote:
> > > Hi David.
> > > Shipping is factually paid by me with my money, but the buyer is
> > > giving me the money for the shipping. So do I understand it right
> > > that I could separate this sale and just enter two transactions
> > > in my checking account? One would be the shipping costs, the
> > > other is the rest from 1214 EUR? I then would have two different
> > > "sources of money" for both zeroing the "Korg MS-20M" account and
> > > for the "shipping costs of sales" account. Could this work?
> > > 
> > > F.
> > > 
> > > https://www.instagram.com/boniforti_music
> > > https://soundcloud.com/boniforti_music
> > > https://bonny-j.bandcamp.com
> > > 
> > > 
> > > Am Fr., 22. Nov. 2024 um 04:57 Uhr schrieb David Cousens
> > > :
> > > > It all depends on whether the buyer or seller is paying the
> > > > shipping
> > > > costs. 
> > > > 
> > > > If the seller is paying the shipping costs then it is an
> > > > expense to the
> > > > seller but in this case the shipping costs are not explicitly
> > > > included
> > > > in the purchase price and would be paid.
> > > > 
> > > > For a business this could be recorded as
> > > > 
> > > > 
> > > > Asset:Mus. Inst.      Cr 800.00
> > > > Expenses:CoGS         Dr 800.00
> > > > Asset:Bank Account    Dr 1241.00
> > > > Income:Sales Mus Inst Cr 1241.00
> > > > 
> > > > when the funds are received
> > > > 
> > > > Asset:Bank account   Cr 35.49
> > > > Expense:Shipping     Dr 35.49
> > > > 
> > > > when shipping is paid (these could be combined if simultaneous
> > > > but
> > > > ideally better to keep the splits with memo annotations)
> > > > 
> > > > and the nett profit on the sale is 1241-800-35.49 = 405.51
> > > > 
> > > > If the buyer is paying the shipping costs, then the purchase
> > > > price
> > > > should have included the shipping over and above the sale price
> > > > of the
> > > > instrument itself and the seller cannot claim the shipping as
> > > > an
> > > > expense and part of the money received pays for the shipping.
> > > > 
> > > > For this case it could be recorded as
> > > > 
> > > > Asset Bank            Dr 1178.51
> > > > Asset:Mus. Inst.      Cr 800.00 
> > > > Expenses:CoGS         Dr 800.00
> > > > Income:Sales          Cr 1178.51
> > > > 
> > > > Asset:Bank            Dr 35.49
> > > > Liability:Shipping    Cr 35.49
> > > > 
> > > > when the funds are received
> > > > 
> > > > and when the shipping is paid
> > > > 
> > > > Asset:Bank           Cr 35.49
> > > > Liability:Shipping   Dr 35.49
> > > > 
> > > > and in this case the net profit is 1178.51-800 = 478.51
> > > > 
> > > > Which of these it is appropriate should be clear from the sales
> > > > invoice.
> > > > 
> > > > David Cousens
> > > > 
> > > > On Thu, 2024-11-21 at 20:52 -0600, R Losey wrote:
> > > > > Expense accounts, because they are usually only increased,
> > > > > just have
> > > > > Expenses for debits. The credit is called a "Rebate". I don't
> > > > > know if
> > > > > you
> > > > > m

Re: [GNC] Why is part of a split registered as "rebate" in the Transfer account?

[Boniforti Flavio]

Thanks David - now I understand that bit as well.
F.

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


Am Mo., 25. Nov. 2024 um 20:57 Uhr schrieb David Cousens <
davidcousen...@gmail.com>:

>
> Flavio,
>
> Even as a private individual you will be subject to at least taxation
> legislation regarding income.  The business legislation may or may not
> apply depending on the level of activity. My wife is an artist,
> formerly making her living from exhibitions and painting sales. We are
> now retired and these days she only occasionally sells paintings mainly
> to close friends - any income earned from that for example is
> reportable, although not necessarily taxed. The devil is in the detail
> here, hence our suggestions about getting professional advice.
>
> David
>
>
>
> On Mon, 2024-11-25 at 18:25 +0100, Boniforti Flavio wrote:
> > Hi David.
> > No taxation and regulations needed here: I'm a private individual,
> > not a business.
> >
> > F.
> > https://www.instagram.com/boniforti_music
> > https://soundcloud.com/boniforti_music
> > https://bonny-j.bandcamp.com
> >
> >
> > Am Fr., 22. Nov. 2024 um 19:58 Uhr schrieb David Cousens
> > :
> > > Boniforti,
> > >
> > > This is where you need an accountant in your jurisdiction. It all
> > > depends on the business legislation and taxation legislation and
> > > often on regulations and past court decisions and on the exact form
> > > of agreement you reached with the buyer and the documentation of
> > > that that you have.
> > >
> > > If your taxation authority has an advisory service you could
> > > contact them for advice about whether you treat shipping as an
> > > expense or liability. If you issued an invoice or receipt to the
> > > buyer which specified the price of the instrument, and the shipping
> > > costs and the total of 1214Eu, then there is a good chance the
> > > shipping costs are effectively considered as being paid by the
> > > buyer, so on receipt of the funds, that creates an obligation on
> > > you to pay for the shipping, i.e. a liability as the funds are only
> > > being passed to the shipper through you, so the second treatment is
> > > most likely to be appropriate but I cannot know for sure.
> > >
> > > Cheers
> > > David
> > >
> > >
> > > On Fri, 2024-11-22 at 09:14 +0100, Boniforti Flavio wrote:
> > > > Hi David.
> > > > Shipping is factually paid by me with my money, but the buyer is
> > > > giving me the money for the shipping. So do I understand it right
> > > > that I could separate this sale and just enter two transactions
> > > > in my checking account? One would be the shipping costs, the
> > > > other is the rest from 1214 EUR? I then would have two different
> > > > "sources of money" for both zeroing the "Korg MS-20M" account and
> > > > for the "shipping costs of sales" account. Could this work?
> > > >
> > > > F.
> > > >
> > > > https://www.instagram.com/boniforti_music
> > > > https://soundcloud.com/boniforti_music
> > > > https://bonny-j.bandcamp.com
> > > >
> > > >
> > > > Am Fr., 22. Nov. 2024 um 04:57 Uhr schrieb David Cousens
> > > > :
> > > > > It all depends on whether the buyer or seller is paying the
> > > > > shipping
> > > > > costs.
> > > > >
> > > > > If the seller is paying the shipping costs then it is an
> > > > > expense to the
> > > > > seller but in this case the shipping costs are not explicitly
> > > > > included
> > > > > in the purchase price and would be paid.
> > > > >
> > > > > For a business this could be recorded as
> > > > >
> > > > >
> > > > > Asset:Mus. Inst.  Cr 800.00
> > > > > Expenses:CoGS Dr 800.00
> > > > > Asset:Bank AccountDr 1241.00
> > > > > Income:Sales Mus Inst Cr 1241.00
> > > > >
> > > > > when the funds are received
> > > > >
> > > > > Asset:Bank account   Cr 35.49
> > > > > Expense:Shipping Dr 35.49
> > > > >
> > > > > when shipping is paid (these could be combined if simultaneous
> > > > > but
> > > > > ideally better to keep the splits with memo annotations)
> > > > >
> > > > > and the nett profit on the sale is 1241-800-35.49 = 405.51
> > > > >
> > > > > If the buyer is paying the shipping costs, then the purchase
> > > > > price
> > > > > should have included the shipping over and above the sale price
> > > > > of the
> > > > > instrument itself and the seller cannot claim the shipping as
> > > > > an
> > > > > expense and part of the money received pays for the shipping.
> > > > >
> > > > > For this case it could be recorded as
> > > > >
> > > > > Asset BankDr 1178.51
> > > > > Asset:Mus. Inst.  Cr 800.00
> > > > > Expenses:CoGS Dr 800.00
> > > > > Income:Sales  Cr 1178.51
> > > > >
> > > > > Asset:BankDr 35.49
> > > > > Liability:ShippingCr 35.49
> > > > >
> > > > > when the funds are received
> > > > >
> > > > > and when the shipping is paid
> > > > >
> > > > > Asset:Bank   Cr 35.49
> > > > > Liability:Shipping   Dr 35.49
> > > > >
>

Re: [GNC] Why is part of a split registered as "rebate" in the Transfer account?

[Boniforti Flavio]

Hi David.
No taxation and regulations needed here: I'm a private individual, not a
business.

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


Am Fr., 22. Nov. 2024 um 19:58 Uhr schrieb David Cousens <
davidcousen...@gmail.com>:

> Boniforti,
>
> This is where you need an accountant in your jurisdiction. It all depends
> on the business legislation and taxation legislation and often on
> regulations and past court decisions and on the exact form of agreement you
> reached with the buyer and the documentation of that that you have.
>
> If your taxation authority has an advisory service you could contact them
> for advice about whether you treat shipping as an expense or liability. If
> you issued an invoice or receipt to the buyer which specified the price of
> the instrument, and the shipping costs and the total of 1214Eu, then there
> is a good chance the shipping costs are effectively considered as being
> paid by the buyer, so on receipt of the funds, that creates an obligation
> on you to pay for the shipping, i.e. a liability as the funds are only
> being passed to the shipper through you, so the second treatment is most
> likely to be appropriate but I cannot know for sure.
>
> Cheers
> David
>
>
> On Fri, 2024-11-22 at 09:14 +0100, Boniforti Flavio wrote:
>
> Hi David.
> Shipping is factually paid by me with my money, but the buyer is giving me
> the money for the shipping. So do I understand it right that I could
> separate this sale and just enter two transactions in my checking account?
> One would be the shipping costs, the other is the rest from 1214 EUR? I
> then would have two different "sources of money" for both zeroing the "Korg
> MS-20M" account and for the "shipping costs of sales" account. Could this
> work?
>
> F.
>
> https://www.instagram.com/boniforti_music
> https://soundcloud.com/boniforti_music
> https://bonny-j.bandcamp.com
>
>
> Am Fr., 22. Nov. 2024 um 04:57 Uhr schrieb David Cousens <
> davidcousen...@gmail.com>:
>
> It all depends on whether the buyer or seller is paying the shipping
> costs.
>
> If the seller is paying the shipping costs then it is an expense to the
> seller but in this case the shipping costs are not explicitly included
> in the purchase price and would be paid.
>
> For a business this could be recorded as
>
>
> Asset:Mus. Inst.  Cr 800.00
> Expenses:CoGS Dr 800.00
> Asset:Bank AccountDr 1241.00
> Income:Sales Mus Inst Cr 1241.00
>
> when the funds are received
>
> Asset:Bank account   Cr 35.49
> Expense:Shipping Dr 35.49
>
> when shipping is paid (these could be combined if simultaneous but
> ideally better to keep the splits with memo annotations)
>
> and the nett profit on the sale is 1241-800-35.49 = 405.51
>
> If the buyer is paying the shipping costs, then the purchase price
> should have included the shipping over and above the sale price of the
> instrument itself and the seller cannot claim the shipping as an
> expense and part of the money received pays for the shipping.
>
> For this case it could be recorded as
>
> Asset BankDr 1178.51
> Asset:Mus. Inst.  Cr 800.00
> Expenses:CoGS Dr 800.00
> Income:Sales  Cr 1178.51
>
> Asset:BankDr 35.49
> Liability:ShippingCr 35.49
>
> when the funds are received
>
> and when the shipping is paid
>
> Asset:Bank   Cr 35.49
> Liability:Shipping   Dr 35.49
>
> and in this case the net profit is 1178.51-800 = 478.51
>
> Which of these it is appropriate should be clear from the sales
> invoice.
>
> David Cousens
>
> On Thu, 2024-11-21 at 20:52 -0600, R Losey wrote:
> > Expense accounts, because they are usually only increased, just have
> > Expenses for debits. The credit is called a "Rebate". I don't know if
> > you
> > meant to make that account an expense account.
> >
> > I don't see an Income anywhere in the list.
> >
> > Your asset should have gone down by 800 EUR, as you did. The gain in
> > this
> > sale is 414 EUR, of which the shipping should be an expense, and the
> > Income
> > will be 1214 minus the shipping cost, right?
> >
> >
> > On Thu, Nov 21, 2024 at 3:53 PM Boniforti Flavio
> > 
> > wrote:
> >
> > > Hi all.
> > >
> > > I've just sold one of my instruments, for which I already have a
> > > dedicated
> > > account "Assets:Current Assets:Music Equipment EUR:Korg MS-20M".
> > > The opening balance for this item is 800 EUR.
> > > I now sold it and I got 1214 EUR for it. So I entered 1214 in the
> > > "Total
> > > Increase" column, with "Transfer" my EUR Checking account. Then I
> > > added
> > > splits:
> > > 800 "Total decrease" so that the item's value is 0 (as I sold it, I
> > > don't
> > > have anymore its value at home) - Transfer = "Korg MS-20M" account;
> > > 378,51 "Total decrease" (which is the surplus I made) - Transfer =
> > > "Income:Music Equipment Sold EUR"
> > > 35,49 "Total decrease", the price I paid for shipping this item to
> > > the
> > > sel

Re: [GNC] Multi-currency split

[Murugan Mariappan]

The entries will look like

Dr Expenses: Groceries USD 36.16
Cr Liab: Credit Card USD 33.49
Cr Cash: XCD Cash XCD 18.3 (USD 2.67)

i have assumed the same exchange rate as credit card.





Saludos Cordiales


Murugan


From: gnucash-user 
 on behalf of Fred 
Tydeman 
Sent: 25 November 2024 15:05
To: Gnucash Users 
Subject: [GNC] Multi-currency split

My home currency is USD
I have an expense account for groc. in USD
I have a cash account for XCD
I have a liability credit card account in USD
I buy some groc. in Antigua
I pay with 18.30 XCD (local currency)
and 90.02 XCD via credit card that shows as USD 33.49

I could record this as two transactions:
  USD 33.49 -> 90.02 XCD;  credit card to cash
  108.32 XCD -> ??? USD; cash to groc expense
How would I record this as one transaction with splits?
And, in which account should I do this?
___
gnucash-user mailing list
gnucash-user@gnucash.org
To update your subscription preferences or to unsubscribe:
https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Flists.gnucash.org%2Fmailman%2Flistinfo%2Fgnucash-user&data=05%7C02%7C%7C0cfd0aeb9d104df6ea1d08dd0d7c08a8%7C84df9e7fe9f640afb435%7C1%7C0%7C638681548557227929%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=lv3Hl9GFzynffNyxfVcOlwmlxizprXur3T8cpjzl1b4%3D&reserved=0
-
Please remember to CC this list on all your replies.
You can do this by using Reply-To-List or Reply-All.
___
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.

[GNC] Multi-currency split

[Fred Tydeman]

My home currency is USD
I have an expense account for groc. in USD
I have a cash account for XCD
I have a liability credit card account in USD
I buy some groc. in Antigua
I pay with 18.30 XCD (local currency)
and 90.02 XCD via credit card that shows as USD 33.49

I could record this as two transactions:
  USD 33.49 -> 90.02 XCD;  credit card to cash
  108.32 XCD -> ??? USD; cash to groc expense
How would I record this as one transaction with splits?
And, in which account should I do this?
___
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.

Re: [GNC] Why is part of a split registered as "rebate" in the Transfer account?

[Michael or Penny Novack via gnucash-user]

Thanks anyways - probably it's best for me not to try and put 
everything from this sale into one transaction (with multiple splits). 
I'm not understanding how to make it work :-(
It will look weird, but I could enter 3 transactions of "income" into 
my checking account: 800 (which I use to "zero" the value of my 
instrument), 35,49 (for the shipping) and a third one which goes into 
my "gain"... What do you think?


Often you can get around having to do a split transact by using more 
than one. For example, sell an item of inventory (basis X) for Y you 
could do two transactions. One: Debit cash and credit sales Y. Two: 
Debit cost of goods sold and credit inventory batch X. Clunky, but easy.


However, that was a special case. In general, the debits and credits 
need not be the same (just total debits = total credits). So if that had 
been debits of 6 and 4 and credits of 7 and 3 going to have to do it 
with a split transaction.



Michael D Novack


___
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.

Re: [GNC] Workaround for Finance::Quote 1.62 Installation Problem (Windows)

[kokobadu]

Thank you for that. Helped a lot!

___
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.

Re: [GNC] Why is part of a split registered as "rebate" in the Transfer account?

[R Losey]

If your previous entries are incorrect, you can fix them (if you so wish).

Your shipping expenses will be non-zero if YOU pay the shipping.


On Mon, Nov 25, 2024 at 1:48 PM Boniforti Flavio 
wrote:

> Hi Richard.
> Thanks for your replies.
> I probably understand now what you mean. This is how my entries look like
> now:
>


> This way my "Shipping costs of sales" account should never be greater than
> ZERO - right? I did it the wrong way probably for the previous 2 sales
> entries?!
>
> BR,
> F.
>
> https://www.instagram.com/boniforti_music
> https://soundcloud.com/boniforti_music
> https://bonny-j.bandcamp.com
>
>
> Am Mo., 25. Nov. 2024 um 20:41 Uhr schrieb R Losey :
>
>> The wonder and beauty of GnuCash is that you can do whatever works for
>> you... as long as the end results are correct. These days, I prefer to
>> enter an action as one transaction with multiple splits; in the past, I
>> used to use multiple transactions for an action.
>>
>> Remember, since the buyer is paying you for shipping expenses, your net
>> change in that account should be zero. So, the money he pays you is a
>> "credit" in the Expenses account (right-hand side). [It will be labeled
>> "Rebate" because you have formal accounting labels turned off, but don't
>> worry about that.]
>>
>> Remember, at some time in the future, you will have to pay money for
>> shipping, so there will be an entry for that with 35,49 leaving the
>> checking account, and going into shipping expenses as an "Expense" (in
>> formal terms, a "debit") that will zero out the other 35,49 entry.
>>
>>
>>
>> On Mon, Nov 25, 2024 at 11:48 AM Boniforti Flavio 
>> wrote:
>>
>>> I think this is the only reference to the income into my checking account
>>> (from my initial post):
>>>
>>> "I now sold it and I got 1214 EUR for it. So I entered 1214 in the "Total
>>> Increase" column, with "Transfer" my EUR Checking account."
>>>
>>> Thanks anyways - probably it's best for me not to try and put everything
>>> from this sale into one transaction (with multiple splits). I'm not
>>> understanding how to make it work :-(
>>> It will look weird, but I could enter 3 transactions of "income" into my
>>> checking account: 800 (which I use to "zero" the value of my instrument),
>>> 35,49 (for the shipping) and a third one which goes into my "gain"...
>>> What do you think?
>>>
>>> F.
>>>
>>> https://www.instagram.com/boniforti_music
>>> https://soundcloud.com/boniforti_music
>>> https://bonny-j.bandcamp.com
>>>
>>>
>>> Am Sa., 23. Nov. 2024 um 17:37 Uhr schrieb Michael or Penny Novack via
>>> gnucash-user :
>>>
>>> > On 11/23/2024 7:58 AM, Boniforti Flavio wrote:
>>> > > Hi Richard.
>>> > > It's one payment I got from the buyer, which includes both the value
>>> of
>>> > the
>>> > > goods and the shipping costs.
>>> > > F.
>>> >
>>> > It would have helped me give you advice had you said that earlier.
>>> > Except you DID say that you had deposited the (entire) payment. So you
>>> > left out of the description how you paid for the shipping.
>>> >
>>> > Michael D Novack
>>> >
>>> >
>>> > ___
>>> > 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.
>>> >
>>> ___
>>> 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.
>>>
>>
>>
>> --
>> _
>> Richard Losey
>> rlo...@gmail.com
>> Micah 6:8
>>
>

-- 
_
Richard Losey
rlo...@gmail.com
Micah 6:8
___
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.

Re: [GNC] questions about the python bindings and pricdb add_price()

[John Ralls]

> On Nov 25, 2024, at 10:42, Noerr via gnucash-user  
> wrote:
> 
> The price source hierarchy means new prices from
> PRICE_SOURCE_USER_PRICE would overwrite transaction and stock split price
> sources.  I don't want that.

It overwrites the price *in the pricedb*. It has no effect on the transaction 
and so no effect on the book value of the stock. Reports have a pricing option, 
Average Cost, that reports the effective book value in most cases (I don’t 
think it handles returns of capital).

Regards,
John Ralls
___
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.