On Tue, Apr 24, 2018 at 07:39:20PM -0700, DaveC49 wrote:
> To be fair to GnuCash, I have not been able to find a formal definition of
> split in my accounting text books . The only formal references I could find
> were [a couple of specific cases that are clearly beyond the scope of
> this discussi
On 4/24/2018 10:39 PM, DaveC49 wrote:
Eric, Mike
To be fair to GnuCash, I have not been able to find a formal definition of
split in my accounting text books
In the senses we are using here, there would not be a definition in
accounting text books. In formal accounting, a transaction is (first)
Eric, Mike
To be fair to GnuCash, I have not been able to find a formal definition of
split in my accounting text books . The only formal references I could find
were under IAS39 which deals with embedded derivatives in a hybrid financial
instrument
(https://www.ventureline.com/accounting-glossary
On 4/22/2018 9:38 AM, Derek Atkins wrote:
E.. Thus, what in accounting terms is a
simple, un-split transaction, is stored in GnuCash as two
"splits" (one each for the debit and credit entries).
The reason we old timers don't see it that way.
In old pen and in on paper bookkeeping for each
On Sun, Apr 22, 2018 at 09:38:23AM -0400, Derek Atkins wrote:
> I find it's *usually* easy to determine based on context. A Split, by
> itself, usually means an individual Gnucash Split. On the other hand, a
> Split Transaction usually implies a transaction with >2 splits.
To be sure, as an adje
Eric Siegerman writes:
> On Fri, Apr 20, 2018 at 04:29:49PM -0400, Mike or Penny Novack wrote:
>> Ah .. That is what had me confused about "three way splits"
>
> To make things worse, the GnuCash source code uses "split" in yet
> another way: each of a transaction's entries is stored in
On Fri, Apr 20, 2018 at 04:29:49PM -0400, Mike or Penny Novack wrote:
> Ah .. That is what had me confused about "three way splits"
To make things worse, the GnuCash source code uses "split" in yet
another way: each of a transaction's entries is stored in a data
structure called a split.
Ah .. That is what had me confused about "three way splits"
1) A single debit and more than one credit or a single credit and more
than one debit I would call a "one way split" (only one side of the
transaction is split). You enter these beginning with the side that is
single (enter tr
On 04/20/2018 10:58 AM, Rich Shepard wrote:
Perhaps I can provide an example that helps.
When I pay my mortgage each month I assign the total payment to 3
debit acounts accessed using the Split menu function.
The standard three debits (increases) are: Expense -> Mortgage
interest,
Expense
On Fri, Apr 20, 2018 at 01:24:50PM -0400, Eric Siegerman wrote:
> 3. "Unbalanced CAD" (or whatever) [...] just means
> "you're not done finagling yet".
Corollary: even if you've committed the transaction, and thus
ended up with an "Unbalanced XXX" in your accounts list -- no
harm done. Just go ba
A few things I've learned the hard way:
1. A split transaction usually has one debit and several credits, or
vice versa. Whichever side there's only one of, enter that one *first*.
Otherwise things tend to get tangled up -- not beyond recovery, but it's
easier to stay out of that situation than t
On Fri, 20 Apr 2018, Adrien Monteleone wrote:
You may find it helpful to use a different register view than the default
if you are regularly dealing with multiple splits in transactions.
Perhaps I can provide an example that helps.
When I pay my mortgage each month I assign the total paym
Please be sure to copy the list on replies. Others may benefit from the
conversation.
Have you read the Help Guide or Tutorial & Concepts Guide?
You can find them both here: http://gnucash.org/docs.phtml
Those should explain thoroughly enough how to enter transactions with example
screen shots
Peter,
Not sure what you mean by 3-way split.
Do you mean 3 splits total? Certainly, that is possible.
A transaction can have many, many splits.
One split will be a debit.
One will be a credit.
The others will either be debits or credits as needed, BUT...
The total of all debits must be the sa
On 4/19/2018 5:19 PM, Peter M. Coons wrote:
I've tried to learn how to do a three way split like entering a months
of checks and after an hour still can't get it right. a step by step
or other help would be great.
Thanks in advance
What are you calling a "three way split"?
Michael D Novack
I've tried to learn how to do a three way split like entering a months
of checks and after an hour still can't get it right. a step by step or
other help would be great.
Thanks in advance
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