Re: [GNC] Owning stocks which are not publicly quoted - which account type suits better?

2024-09-24 Thread Boniforti Flavio
Thanks R. In our legislation we get taxed 35% (when dividends are paid out we only receive 65% of them). After filing my taxes, and correctly declaring the dividends, the subsequent year I get back the 35%. Setting it up as "stock" type means adding the security stuff, which is not my cup of tea (

Re: [GNC] Owning stocks which are not publicly quoted - which account type suits better?

2024-09-24 Thread Boniforti Flavio
Hi Patel. Actually, the complexity of setting it up and managing it as a "stock" is what keeps me from doing it. F. https://www.instagram.com/boniforti_music https://soundcloud.com/boniforti_music https://bonny-j.bandcamp.com Am Mi., 25. Sept. 2024 um 01:18 Uhr schrieb Kalpesh Patel < kalpesh.pa

Re: [GNC] How to treat a sale which involves more accounts?

2024-09-24 Thread Boniforti Flavio
Hi Chris. Thanks for your input - it seems cumbersome to me, adding accounts for each instrument I buy. Nevertheless, in my accounting ignorance, I think I understand it and it looks very nice and detailed. I might try this next time I buy some instrument indeed! Thanks, F. https://www.instagram

Re: [GNC] Reconcile accounts out of monthly sequence

2024-09-24 Thread John Ralls
No. The only way to get the reconciled balance correct is to reconcile in sequence. Regards, John Ralls > On Sep 24, 2024, at 20:32, Tony Vanson wrote: > > Hi all, > Using Windows 11 and GnuCash 5.8 > Is it possible to reconcile accounts ad-hoc, i.e July before February etc, > without creatin

[GNC] Reconcile accounts out of monthly sequence

2024-09-24 Thread Tony Vanson
Hi all, Using Windows 11 and GnuCash 5.8 Is it possible to reconcile accounts ad-hoc, i.e July before February etc, without creating chaos with starting and ending balances -- *Tony Vanson* *The older I get,* *the better I was* ___ gnucash-user mailing

Re: [GNC] Owning stocks which are not publicly quoted - which account type suits better?

2024-09-24 Thread Christopher Lam
Interesting question... as someone who's been intimately involved in some gnucash code improvements, I have no idea how to account for "my own company stock share". Could anyone more qualified (and with knowledge of double-entry as it applies to personal *and* own company (cf publicly traded compa

Re: [GNC] Owning stocks which are not publicly quoted - which account type suits better?

2024-09-24 Thread R Losey
I think it could still be a stock - you'll just need to make sure the settings are correct -- and, of course, you cannot update the price online. Dividends fall into three categories that I can think of (and I'm using what I need for the US; not sure about your situation) Taxable dividend income

Re: [GNC] How to treat a sale which involves more accounts?

2024-09-24 Thread R Losey
That looks right to me. On Tue, Sep 24, 2024 at 3:28 PM Boniforti Flavio wrote: > Hi David. > > In fact I don't buy instruments with the goal of making profit out of them. > I collect and play them too. In fact, for this situation I would simply > account for both purchase and sale as you descr

Re: [GNC] How to treat a sale which involves more accounts?

2024-09-24 Thread Chris Miller via gnucash-user
Hi Folks, Pardon the interruption; I'm breaking into the middle of this conversation, so please forgive me if I misunderstand or repeat something that has already been discussed. I believe the discussion is recording the acquisition of musical instruments and the occasional sale and how to acc

Re: [GNC] Owning stocks which are not publicly quoted - which account type suits better?

2024-09-24 Thread Michael or Penny Novack via gnucash-user
On 9/24/2024 4:56 PM, Boniforti Flavio wrote: Hi. I'm partner and own stocks of the company I work for. This company is not on the public market. The stock value is defined once per year and dividends are then paid out. Do I understand correctly, that I don't have to set up a "stock" type accoun

Re: [GNC] Owning stocks which are not publicly quoted - which account type suits better?

2024-09-24 Thread Kalpesh Patel
If you want to track it properly then you would want to set it up as a "stock" and all of the workflows, such as setting up the security, that goes with it. This will then flow correctly into your report, like advance portfolio, if you ever wanted to generate them. What makes you believe it sho

Re: [GNC] How to treat a sale which involves more accounts?

2024-09-24 Thread Michael or Penny Novack via gnucash-user
You are correct, Flavio Look, we on this help list are qualified to give advice how to use gnucash to do double entry bookkeeping, That does not mean we are qualified to give accounting advice. Some of us do have a reasonable amount of knowledge/experience, but as non-professionals, treat that

Re: [GNC] How to treat a sale which involves more accounts?

2024-09-24 Thread Boniforti Flavio
Thank you Liz. This is way too much for a merely personal accounting situation - I'm not a business at all :-) F. https://www.instagram.com/boniforti_music https://soundcloud.com/boniforti_music https://bonny-j.bandcamp.com Am Mi., 25. Sept. 2024 um 00:10 Uhr schrieb Liz : > On Tue, 24 Sep 202

Re: [GNC] How to treat a sale which involves more accounts?

2024-09-24 Thread Liz
On Tue, 24 Sep 2024 23:15:59 +0200 Boniforti Flavio wrote: > Hi Chris. > One account for each instrument? Really? To me this sounds > exaggerated - or am I wrong? > F. Quite reasonable to make one account for each asset, particularly if your taxation needs things calculated for those assets. Im

Re: [GNC] How to treat a sale which involves more accounts?

2024-09-24 Thread David Cousens
Flavio, That's fine. When it comes to accounting , particularly for personal finances, as long as it provides you with the information you need then if it works for you and tells you what you need, it is good.  For businesses with external reporting requirements (multiple taxation agencies, busine

Re: [GNC] Humm, missing auto write check after CC reconcile

2024-09-24 Thread fromvendor
Fardles!!! Of course, I actually did find the window. For some reason it stuck itself in the far upper left corner of my three monitor setup so I didn't see it until I started closing windows for the day. Bother. Anyway, forget I even asked. :D -greg -Original Message- From: gnucash-

[GNC] Humm, missing auto write check after CC reconcile

2024-09-24 Thread fromvendor
Hi all, I noticed this last month, but figured I just closed the window accidently. On one of my CC accounts, when I finished reconciling it, I used to get a "Write Check Now" type option. I didn't get it last month and I didn't get it just now when I reconciled that particular CC. Interestin

Re: [GNC] Reconciliation question

2024-09-24 Thread Boniforti Flavio
Great - Thanks David C. for validating my understanding. BR, Flavio. https://www.instagram.com/boniforti_music https://soundcloud.com/boniforti_music https://bonny-j.bandcamp.com Am Di., 24. Sept. 2024 um 23:32 Uhr schrieb David Cousens < davidcousen...@gmail.com>: > > Yes that is the reconcili

Re: [GNC] Reconciliation question

2024-09-24 Thread David Cousens
Yes that is the reconciliation process and why there are two panes in the reconciliation window.  The timing depends a lot upon how you use your credit card, when the payments are made but generally those paying off the charges from a previous statement period will take place during the following

Re: [GNC] How to treat a sale which involves more accounts?

2024-09-24 Thread Boniforti Flavio
Hi David W. (I have to start adding the initial as to differentiate between the two Davids who are replying and helping me here!) ;-) So it's a matter of split-transactions to be entered correctly, right? Let me see if I did it correctly with a test. On 24.09.2024 I bought "TEST ONE" for 1000: [im

Re: [GNC] How to treat a sale which involves more accounts?

2024-09-24 Thread Boniforti Flavio
Hi Chris. One account for each instrument? Really? To me this sounds exaggerated - or am I wrong? F. https://www.instagram.com/boniforti_music https://soundcloud.com/boniforti_music https://bonny-j.bandcamp.com Am Di., 24. Sept. 2024 um 22:49 Uhr schrieb Christopher Lam < christopher@gmail.c

[GNC] Owning stocks which are not publicly quoted - which account type suits better?

2024-09-24 Thread Boniforti Flavio
Hi. I'm partner and own stocks of the company I work for. This company is not on the public market. The stock value is defined once per year and dividends are then paid out. Do I understand correctly, that I don't have to set up a "stock" type account for this, as those stocks are not publicly tra

Re: [GNC] How to treat a sale which involves more accounts?

2024-09-24 Thread Christopher Lam
If your instrument is a valuable item, I'd personally insert it into its own account, exactly as you'd record purchase of a property: Purchase: 1/1/2020 Asset:Bank -$1 Asset:Stradivarius +$1 Sale: 1/1/2024 Asset:Stradivarius +$4000 Income:CapGain -$4000 Asset:Bank +$14000 Asset:Stradivar

Re: [GNC] How to treat a sale which involves more accounts?

2024-09-24 Thread David Warren
you'd enter it exactly as you wrote. Again, some people here are trying to follow GAAP or tax for their specific region. Others may have other desires. So as others have written on this forum, the first questions you should be asking are: what are you trying to track and why? How would you do it

Re: [GNC] How to treat a sale which involves more accounts?

2024-09-24 Thread Boniforti Flavio
Hi David. In fact I don't buy instruments with the goal of making profit out of them. I collect and play them too. In fact, for this situation I would simply account for both purchase and sale as you described. So there's no tax implication whatsoever in my case. But then... I look at my collec

Re: [GNC] back-end 'books' table

2024-09-24 Thread Mark at Lorimark
once again... thank you, sir! ~mark petryk ~w:http://www.lorimarksolutions.com On 9/24/24 13:38, John Ralls wrote: Yes. You might find https://wiki.gnucash.org/wiki/SQL helpful; it has brief descriptions of each table. Regards, John Ralls On Sep 24, 2024, at 9:54 AM, Mark at Lorimark wr

Re: [GNC] back-end 'books' table

2024-09-24 Thread John Ralls
Yes. You might find https://wiki.gnucash.org/wiki/SQL helpful; it has brief descriptions of each table. Regards, John Ralls > On Sep 24, 2024, at 9:54 AM, Mark at Lorimark > wrote: > > Hi, > > I'm casually curious about the 'books' table. > >> sqlite> .schema books >> CREATE TABLE books(g

Re: [GNC] Reconciliation question

2024-09-24 Thread Boniforti Flavio
Thanks - but when it comes to learning stuff, I actually feel more comfortable to start learning in English :-) F. https://www.instagram.com/boniforti_music https://soundcloud.com/boniforti_music https://bonny-j.bandcamp.com Am Di., 24. Sept. 2024 um 19:29 Uhr schrieb Tommy Trussell < tommy.trus

Re: [GNC] Reconciliation question

2024-09-24 Thread Tommy Trussell
On Tue, Sep 24, 2024 at 12:16 PM Boniforti Flavio wrote: > > Please excuse me that it's in German, but this is how it looks like for > the latest credit card bill > Your English seems to be very good, but you may not realize GnuCash has a German language list (as well as other languages). I hope

Re: [GNC] Reconciliation question

2024-09-24 Thread Boniforti Flavio
Hi David. Maybe I'm understanding it now... let me try: when I get the credit card bill I reconcile the "Funds Out" by matching what I see in the right part of the pop-up in GC against the entries listed in the credit card bill; at the same time I have to reconcile the "Funds In" by matching that n

Re: [GNC] How to receive a Daily Digest

2024-09-24 Thread Tommy Trussell
On Mon, Sep 23, 2024 at 5:39 PM Liz wrote: > On Tue, 24 Sep 2024 08:13:10 +1000 > Megan Tilley wrote: > > > Hi everyone, mailing list question - I have just received 12 separate > > gnucash-user messages overnight. > > > > Is there a way I can have them all as a daily digest (bulk email of > > a

[GNC] back-end 'books' table

2024-09-24 Thread Mark at Lorimark
Hi, I'm casually curious about the 'books' table. sqlite> .schema books CREATE TABLE books(guid text(32) PRIMARY KEY NOT NULL, root_account_guid text(32) NOT NULL, root_template_guid text(32) NOT NULL); sqlite> select * from books; 212f7dc40c094219a08d3b8c1f52d347|dd3701d5f2bb4f55be49248d7b420

Re: [GNC] "Help"

2024-09-24 Thread Tommy Trussell
On Sun, Sep 22, 2024 at 2:14 PM Chris Miller via gnucash-user < gnucash-user@gnucash.org> wrote: > On my Fedora system I installed the gnucash-docs package: "yum install > gnucash-docs", and that did exactly what you'd expect. When I tried to read > any of them, I got nothing. The reason is my sys

Re: [GNC] Price retrieval failed:Failed to parse result by Finance Quote

2024-09-24 Thread Geoff
Hi Rob Please attach (don't paste) a screenshot of one of the securities that is failing: Tools -> Security Editor (select security) -> Edit Thanks Geoff = On 24/09/2024 6:58 pm, rob wrote: Guys, I am using windows 11 and Gnucash 5.8 Perl is installed and Database was generated on Mon,

[GNC] Price retrieval failed:Failed to parse result by Finance Quote

2024-09-24 Thread rob
Guys, I am using windows 11 and Gnucash 5.8 Perl is installed and Database was generated on Mon, 23 Sep 2024 15:57:02 GMT Test2 is up to date (1.302204). Finance::Quote is up to date (1.63). JSON::Parse is up to date (0.62). When i try to get quotes I get only very rare a update but mostly this Er