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 recorde
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 ga
I am running Sequoia 15.1.1 and Gnucash 5.9-1
Version: 5.9
Build ID: 5.9+(2024-09-28)
Finance::Quote:
I works fine for me.
Best wishes,
Will
On 21 Nov 2024, at 14:58, John Ralls wrote:
Marc,
That’s interesting and the first report of that. But please always copy the
list on all replies.
R
In case it might be relevant I have MacBookPro with an M1 Max chip.
On 21 Nov 2024, at 19:57, William Prescott wrote:
I am running Sequoia 15.1.1 and Gnucash 5.9-1
Version: 5.9
Build ID: 5.9+(2024-09-28)
Finance::Quote:
I works fine for me.
Best wishes,
Will
On 21 Nov 2024, at 14:58, John
Boniforti,
Please see another preply In which I agreed that Michael'sapproach was
indeed correct in that the shipping should not be included as an
expense and subtracted from the value of the income. The correct
entries should be :
Asset:Checking AccountCr 35
Agreed Michael what I suggested is incorrect as it subtracts the
shipping from the income as well as recording it as an expense-
essentially double dipping on the expenses
On Thu, 2024-11-21 at 18:17 -0500, Michael or Penny Novack via gnucash-
user wrote:
> Two things
> a) When wanting to show us
On 11/21/2024 5:39 PM, David Cousens wrote:
Boniforti,
The entries to record the sale of the instrument would be
Asset:Checking Account Dr 1214.00 EU
Assets:Current Assets:Music Equipment EUR:Korg MS-20M Cr 800.00 EU
Expense:Shipping
Two things
a) When wanting to show us a "split" transaction (more than two accounts
affected) it would make more sense to show it in "journal mode". That's
the way you see it when entering a split transaction, all the affected
accounts at the same time.
b) I'm not going to comment on the supp
Boniforti,
The entries to record the sale of the instrument would be
Asset:Checking Account Dr 1214.00 EU
Assets:Current Assets:Music Equipment EUR:Korg MS-20M Cr 800.00 EU
Expense:Shipping Cr 35.49 EU
Income:Instrum
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 "Transfe
Marc,
That’s interesting and the first report of that. But please always copy the
list on all replies.
Regards,
John Ralls
> On Nov 21, 2024, at 12:21, Marc wrote:
>
> Hi John,
>
> Just an FYI, I am running OSX 15.1.1. The gnucash 5.9-1 fails on that
> version, whereas 5.9-2 works properly
On 11/21/24 06:01, SFR via gnucash-user wrote:
OK, there seems to have been some confusion between 'cleared' and
'reconciled' in the replies, but it is "clearer" now.
I was a bit confused becaue I often 'c' items in an account when they
appear on the bank statement, before reconciliation.
If y
Since it doesn't look like Apple is going to fix the linker bug that crashes
GnuCash on macOS 15.2 beta and the rumored release date for 15.2 is before the
scheduled release of GnuCash 5.10 I've promoted the test builds with the
workaround to official releases:
df9d99afee94039f377e2b4a5b385ba00
OK, there seems to have been some confusion between 'cleared' and
'reconciled' in the replies, but it is "clearer" now.
I was a bit confused becaue I often 'c' items in an account when they
appear on the bank statement, before reconciliation.
Thanks all for the clarifcations.
Barry
On 20/11/2
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