Re: [GNC] WHY ARE THERE "IMBALANCE ENTRIES" AT ALL ?? JUST CURIOUS

2021-06-04 Thread arctostaphylos
I'm going to repeat, probably, what's already been discussed. I understand why GnuCash creates the Imbalance account (among a few others, like Orphan and Equity:Opening Balance). I have no problem with that, and in practice those accounts have been useful - especially in catching errors. I use GC

Re: [GNC] recording reinvested earnings

2021-03-30 Thread arctostaphylos
Dividend reinvestment is a purchase of shares. The dividend amount is income at least as far as the tax man is usually concerned. As a practical matter, using a broker's dividend reinvestment program, in my personal (cash, not accrual) books, I ignore all the monkey motion (the broker reveals how a

Re: [GNC] Investments: Bank, Asset or Equity?

2021-03-29 Thread arctostaphylos
I'd also note that having a bank account within a brokerage account is common. Most brokerages have the ability to "sweep" cash balances into and out of a linked bank account. That account is part of your total investment balance. If you don't have a sweep account, then you'd need an account for ca