On Tuesday, 3 September 2024 22:54:42 BST Kalpesh Patel wrote:
> Couldn't one can elect to track paycheck by net rather than gross?
>
One could. but one probably shouldn't.
Extending the thought exercise, one could elect to just record all income /
expenses to the singular top-level accounts,
We have monthly transactions where a payment in USD is credited to a CHF
bank account. The USD amount is fixed, but the CHF amount varies
depending on the conversion rate. As has been recommended on this list,
I have configured these as scheduled transactions with a variable in
place of the CHF
Just wanted to say that Jim's reply below was just perfect.
Other than gnucash *requires *double-entry accounting, what you do from
there is up to you, and asking those questions Jim suggests you ask of
yourself is what all of us should do before using any tool or committing to
any system one migh
Sorry, I have to comment on this. There really is no hard and fast rule here.
The real answer is - it depends.
If you think about your old manual checkbook – did you place your gross
earnings in your checkbook and account for all the taxes? Of course not – your
bank only sees the net pay and
On 2024-09-04 04:19, rsbrux via gnucash-user wrote:
> We have monthly transactions where a payment in USD is credited to a
> CHF bank account. The USD amount is fixed, but the CHF amount varies
> depending on the conversion rate. As has been recommended on this
> list, I have configured these as
On 2024-09-03 16:49, David Carlson wrote:
> While It is not possible to open a second transaction for
> editing in a given account register window, it is possible to edit
> transactions simultaneously in multiple account register windows. This can
> sometimes lead to a surprise when trying to save
One could. but one probably shouldn't.
Extending the thought exercise, one could elect to just record all income /
expenses to the singular top-level accounts, wih no sub-division or
granularity.
Would it be a good idea? probably not.
Would GC allow it? of course.
Historical note - THA
In my (limited) experience, the conversion rate dialog allows you to enter a
rate *or a destination amount*. I always use the destination amount in this
dialog, since I know how many CHF (to use your example) I received, but never
the rate to 34 decimal places, which is what GnuCash seems to wan
On 04 September 2024 at 13:19, rsbrux said:
> We have monthly transactions where a payment in USD is credited to a CHF
> bank account. The USD amount is fixed, but the CHF amount varies depending
> on the conversion rate. As has been recommended on this list, I have
> configured these as scheduled
Hi David/Derek/GnuCash,
1 & 3. GnuCash is not a multi user program, but more than 1 person can
modify a GnuCash file, just not at the same time. Are these questions
more about user access to the bookkeeping software or more about
tracking the accounting changes and tracking who is making what cha
On Tue, Sep 3, 2024 at 1:21 PM Boniforti Flavio
wrote:
> Hi all.
> I've received 100 bucks from a relative as a gift, which he sent to me via
> bank wire transfer.
> In my GnuCash accounts I do have one called "Income:Gifts Received" and I
> also of course have the "Assets:Current Assets:Checking
As has been pointed out, the "salary" is usually NOT the same as gets
deposited in the checking account, due to taxes and other things taken out
of your (well, most people's) paychecks:
So, if you deposit $5000 into your checking, perhaps it should look
something like this:
$5000 "deposit" to ch
Certainly, but you are missing the "other things" that your salary is
paying -- such as insurance, perhaps? savings? taxes? I don't know what
comes out of your paycheck.
Not to mention that if you just track "net", then your Salary Total will be
way off of the reported Total Salary on your W2.
O
Ken, this is a great answer, but I would make one point...
You said:
"If your use of GnuCash is only to track your personal expenses, there is
no need to track gross pay and all of the deductions"
But if part of the deductions are medical/dental insurance, those ARE
legitimate expenses that ough
My gcm file is pretty small, how long can it take to save it? Does it have to
mess with the windows, tabs to save? (I didn't know saving was in two places.
Funny path, too!)
48976645947672304 8 -rwxrwxrwx 1 dgp dgp 5069 Sep 4 13:55
/mnt/c/Users/david/AppData/Roaming/GnuC
Now that I do not kill nightly to get quotes, I notice that scheduled trans
generation does not occur unless you shut down periodically, as that is a
startup task. I am having trouble remembering to get quotes most nights, too.
"What if the file contains unsaved data?" I was talking about aut
I recall a similar conversation about the 'edited transaction', and suggesting
that both the original and not confirmed transaction be in the save, but I am
not recalling if we got any consensus. These edited transactions are a bit in
limbo, so I was surprised that they made it into the save.
You are mixing up several different functions in one message. Not a good
way to get cogent comments.
As for scheduled transactions, just un-select Edit >> Scheduled
Transactions >> Since Last Run >> Run when data file opened, then run it
manually by Actions >> Scheduled Transactions >> Since Last
If you bothered to investigate what the .gcm file does, if keeps separate
records for every different data file that the user has opened since the
beginning of time. That is why it is called user data and there is a great
deal of discussion on the GnuCash website about why it exists and how to
bac
Thanks for your responses, David and Fred. In fact, I used to just duplicate
the last transaction and adjust the CHF amount using "Edit Exchange rate", as
Fred suggests.
This invokes the conversion rate dialog which, as David points out, *does*
allow me to specify the target amount and let
On 2024-09-04 13:58, David Carlson wrote to David G. Pickett:
> If you bothered to investigate what the .gcm file does, if keeps separate
> records for every different data file that the user has opened since the
> beginning of time. That is why it is called user data and there is a great
> deal o
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