Hi Stan.
You're right - it's not GNC, it's my (lack of) accounting knowledge. I
might give a repeated read of chapter 2 - in the meantime I am still
thankful for all the people on this list who are giving advices and helping
me (and others) out.
F.
https://www.instagram.com/boniforti_music
https:/
Hi Richard.
Why should my "Shipping costs" account have a "rebate" value of 50 (using
your numbers)? I don't think it should be a rebate: instead it looks to me
that it should be an expense. The "shipping costs" account is an expense
type of account, therefore I think that I spent 50 Euros for shi
Yes, there is a limit of one price per day per commodity pair. Note that the
code that enforces it isn’t smart enough to look at the other direction so you
can have different prices for e.g. USD->EUR and EUR->USD and that will cause
trouble in reports.
There’s a price-source hierarchy, see
htt
I think this is the only reference to the income into my checking account
(from my initial post):
"I now sold it and I got 1214 EUR for it. So I entered 1214 in the "Total
Increase" column, with "Transfer" my EUR Checking account."
Thanks anyways - probably it's best for me not to try and put eve
Thanks John.
I read through the code. The price source hierarchy means new prices from
PRICE_SOURCE_USER_PRICE would overwrite transaction and stock split price
sources. I don't want that. I also don't like the sound of generally
inserting prices of source PRICE_SOURCE_INVALID, which would be t
On 11/25/2024 12:25 PM, Boniforti Flavio wrote:
Hi David.
No taxation and regulations needed here: I'm a private individual, not a
business.
It's why we can't advise on stuff like THAT. The rules depend on
jurisdiction as well as status. Here in the US technically status does
not matter (in th
Is there a way to do that without knowing the USD cost of the groc.?
If so, in which account should the transaction be made?
I had already done it as two transactions before I asked this question.
Doing it that way, the USD groc. cost is 40.13 (not your 36.16).
The official USD to XCD conversion
Well, it's not really a "rebate"; it's called that because, in most cases,
expenses are just expenses, and anything on the other side is a rebate.
However, this is a credit to shipping expenses, because you will then later
have an expense entry to zero it out... after all, since the buyer is
paying
The wonder and beauty of GnuCash is that you can do whatever works for
you... as long as the end results are correct. These days, I prefer to
enter an action as one transaction with multiple splits; in the past, I
used to use multiple transactions for an action.
Remember, since the buyer is paying
Flavio,
Even as a private individual you will be subject to at least taxation
legislation regarding income. The business legislation may or may not
apply depending on the level of activity. My wife is an artist,
formerly making her living from exhibitions and painting sales. We are
now retired a
Thanks David - now I understand that bit as well.
F.
https://www.instagram.com/boniforti_music
https://soundcloud.com/boniforti_music
https://bonny-j.bandcamp.com
Am Mo., 25. Nov. 2024 um 20:57 Uhr schrieb David Cousens <
davidcousen...@gmail.com>:
>
> Flavio,
>
> Even as a private individual y
Hi David.
No taxation and regulations needed here: I'm a private individual, not a
business.
F.
https://www.instagram.com/boniforti_music
https://soundcloud.com/boniforti_music
https://bonny-j.bandcamp.com
Am Fr., 22. Nov. 2024 um 19:58 Uhr schrieb David Cousens <
davidcousen...@gmail.com>:
> B
The entries will look like
Dr Expenses: Groceries USD 36.16
Cr Liab: Credit Card USD 33.49
Cr Cash: XCD Cash XCD 18.3 (USD 2.67)
i have assumed the same exchange rate as credit card.
Saludos Cordiales
Murugan
From: gnucash-user
on behalf of Fred
Tydeman
My home currency is USD
I have an expense account for groc. in USD
I have a cash account for XCD
I have a liability credit card account in USD
I buy some groc. in Antigua
I pay with 18.30 XCD (local currency)
and 90.02 XCD via credit card that shows as USD 33.49
I could record this as two transact
Thanks anyways - probably it's best for me not to try and put
everything from this sale into one transaction (with multiple splits).
I'm not understanding how to make it work :-(
It will look weird, but I could enter 3 transactions of "income" into
my checking account: 800 (which I use to "zer
Thank you for that. Helped a lot!
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If your previous entries are incorrect, you can fix them (if you so wish).
Your shipping expenses will be non-zero if YOU pay the shipping.
On Mon, Nov 25, 2024 at 1:48 PM Boniforti Flavio
wrote:
> Hi Richard.
> Thanks for your replies.
> I probably understand now what you mean. This is how my
> On Nov 25, 2024, at 10:42, Noerr via gnucash-user
> wrote:
>
> The price source hierarchy means new prices from
> PRICE_SOURCE_USER_PRICE would overwrite transaction and stock split price
> sources. I don't want that.
It overwrites the price *in the pricedb*. It has no effect on the transac
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