Re: [GNC] Balance sheet unusable for LANG="de..."; was: Bad account setup in Guide §12

2020-04-17 Thread David Cousens
Thanks John Will add this into the documentation. It is a little bit obscure when you came at it as a new user. David - David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html ___ gnucash-user mailing list gnu

Re: [GNC] About bookkeeping and claiming non-currency expenses.

2020-04-17 Thread David Cousens
Christopher, When I used to have to do this, I created sub-accounts for expenses which could be claimed against tax and expenses which were personal but not tax deducible. My calculations were all external to my accounting using spreadsheets. E.g when a utility bill came in I would apportion i

Re: [GNC] Balance sheet unusable for LANG="de..."; was: Bad account setup in Guide §12

2020-04-17 Thread David Cousens
Frank, It is not clear to me,the extent to which the gains and losses claculated are realized or unrealized. For example if I transfer $1000 AUD to USD at one exchange rate and then transfer $300 USD of it back at a different exchange rate the AUD trading account records the difference between t

Re: [GNC] About bookkeeping and claiming non-currency expenses.

2020-04-17 Thread David Carlson
To Adrien's point, there are many cases where the expenses are covered by other accounts such as fuel and maintenance for vehicles, but I was addressing the cases where certain expenses have a different tax bucket than the norm or possibly even off-the-books such as personal car used for business,

Re: [GNC] Balance sheet unusable for LANG="de..."; was: Bad account setup in Guide §12

2020-04-17 Thread John Ralls
> On Apr 17, 2020, at 7:26 AM, Frank H. Ellenberger > wrote: > > David > > Am 17.04.20 um 13:00 schrieb David Cousens: >> Frank >> >> In that case you should be concerned as the trading account balances are >> currently reported under equity in the Balance sheet. >> >> The attached is a Bala

Re: [GNC] About bookkeeping and claiming non-currency expenses.

2020-04-17 Thread Christopher Lam
On Fri, 17 Apr 2020 at 15:53, Rich Shepard wrote: > What I do for non-cash donations (to Goodwill, for example) is enter the > value in an expense account called 'Donations - non-cash'. You could have > expense accounts for milage and volunteer time if appropriate. (I have run > my consultancy fr

Re: [GNC] About bookkeeping and claiming non-currency expenses.

2020-04-17 Thread Adrien Monteleone
I could be misunderstanding, but I think the question is about tracking deductions for expenses that are already accounted for. I don’t see it as cash vs. non-cash. (such as in-kind) For example, you have personal auto expenses that may or may not be broken out into R&M, Fuel, etc. Those are pa

Re: [GNC] About bookkeeping and claiming non-currency expenses.

2020-04-17 Thread Rich Shepard
On Fri, 17 Apr 2020, Christopher Lam wrote: This question is for the resident accountants and bookkeeping. Christopher, Check with your accountant for their preferences and local requirements. But there are numerous tax deductions allowed, that don't necessarily belong in the book. For exam

Re: [GNC] About bookkeeping and claiming non-currency expenses.

2020-04-17 Thread David Carlson
This is definitely not " a method to record this data safely (i.e. satisfies the accounting equation...) in the datafile, suitable for audit?" but a trick that I have used for years is to create special accounts under a placeholder I call _Non-Cash Expenses for _Mileage-Medical and _Mileage_Charity

[GNC] About bookkeeping and claiming non-currency expenses.

2020-04-17 Thread Christopher Lam
This question is for the resident accountants and bookkeeping. As we know if our book has *complete and* *perfect* information, the reports make accountant very happy. But there are numerous tax deductions allowed, that don't necessarily belong in the book. For example: - claiming mileage in doll

[GNC] Balance sheet unusable for LANG="de..."; was: Bad account setup in Guide §12

2020-04-17 Thread Frank H. Ellenberger
David Am 17.04.20 um 13:00 schrieb David Cousens: > Frank > > In that case you should be concerned as the trading account balances are > currently reported under equity in the Balance sheet. > > The attached is a Balance sheet run on a dummy book I created > Trading_Test_BalSheet.png >

Re: [GNC] Bad account setup in Guide §12; was: Should i create "Equity Account" for each currency I had ?

2020-04-17 Thread David Cousens
Frank In that case you should be concerned as the trading account balances are currently reported under equity in the Balance sheet. The attached is a Balance sheet run on a dummy book I created Trading_Test_BalSheet.png

Re: [GNC] Bad account setup in Guide §12; was: Should i create "Equity Account" for each currency I had ?

2020-04-17 Thread Frank H. Ellenberger
David, Am 17.04.20 um 04:58 schrieb David Cousens: > Frank > > Ignore my comment about whether trading gains and losses should appear in > the balance sheet or income statement. I've done a bit of research and both > under the FASB in the US and the IFRS and the AAS in Australia as far as I > ca

Re: [GNC] Budget Report 3.10

2020-04-17 Thread Thomas Salt
Hi, I have checked the budget options and I only have a single budget that is selected hence I see the Budget Values just not the Actual Values. Many Thanks Tom S -Original Message- From: gnucash-user On Behalf Of Adrien Monteleone Sent: 16 April 2020 16:21 To: Gnucash Users