You shouldn’t need to have separate accounts for each. Since you can specify
the source using the description, notes, or memo, you can run reports showing
the info you need to determine the source of any funds. It is usually rare to
need special accounts for singular purposes, general accounts u
Thanks all who replied, and so quickly, too. I think Dale pretty much
nailed it, about over-thinking the problem. Or perhaps more accurately,
failing to think about it in a new (gnu?) way.
Since the interest payments originated with the asset (the CD), I assumed
that the payments should first appe
Perhaps you are over-thinking this. I would create an income account with a
name such as "CD interest". Each month create a transaction
Credit CD interest $x
Debit Checking $x
where $x is the amount of interest paid for the month.
Dale
On Mon, Feb 18, 2019, 11:06 PM Art Chimes I have been tryi
Art,
The transaction is pretty simple
Debit Credit
Asset :Bank:Checking
Income:InterestCD
Where under the Income top level account the account to record the interest
should be locate
Art,
Welcome to GnuCash!
Someone more familiar with your exact scenario can help you better, but do you
need to record the interest in the CD account at all?
Unless there is a time delay between when it is earned and deposited I’d just
record the transaction between an income account and the c
I have been trying to learn GnuCash for several months now, and I am
apparently dumber than I thought. I am pretty good at keeping my checking
account, but I find more complex actions more challenging.
For example, I bought a CD (cert. of deposit) last year, and it resides in
my brokerage account.
