Re: [GNC] Problem with Splits

2019-02-11 Thread Michael or Penny Novack
On 2/11/2019 2:40 PM, Christian Kluge wrote: Hi, my general rule of thumb is to always entering from an asset or liability account. The proper "general rule" for a (one side) split transaction is to enter it from the side (debit or credit) that is NOT being split. That this is most often eit

Re: [GNC] Problem with Splits

2019-02-12 Thread Michael or Penny Novack
are very experienced entering splits << entering two sided often can mean first "lying" about an amount and correcting that only after the other side of the transaction has been done >> Michael D Novack Am 11.02.2019 um 22:15 schrieb Michael or Penny Novack: On 2/

Re: [GNC] UK VAT and "Making Tax Digital"

2019-02-17 Thread Michael or Penny Novack
On 2/16/2019 4:18 PM, Peter von Kaehne wrote: The main obstacle I can see for us right now is we have as far as I can tell no way to file Tax returns from inside the programme. Is there anything you have in the pipeline? We can hardly be the first or only who will have a problem... As others h

Re: [GNC] Closing books questions

2019-02-21 Thread Michael or Penny Novack
On 2/21/2019 12:59 AM, Adrien Monteleone wrote: If you don’t ‘close books’ there really aren’t any ‘brought forward’ numbers. (there’s nothing to bring forward from, the books are still ‘open') If your books don’t agree with your CPA, you’ll have to make the adjusting entries he recommends.

Re: [GNC] insurance policy with guaranteed value: how to record increase in value?

2019-02-23 Thread Michael or Penny Novack
Ah, my line of country, insurance. Some questions (details) a) Do they not give you an annual statement? One that indicates increase in "cash value". b) I do not QUITE understand the guaranteed return of 0% UNLESS that is increase in value OTHER than the component from "survivorship". If in

Re: [GNC] Accounting for gold coins

2019-02-24 Thread Michael or Penny Novack
On 2/24/2019 9:35 AM, Joseph Vernice wrote: Treat the gold coins as investments just like stocks. Instead of shares just use your unit of purchase (ounces, grams, etc.). On 2/24/2019 9:30 AM, Gary Holtum wrote: I purchased 3 lots of gold bullion coins at different times at different prices. I

Re: [GNC] Cashflow-like report to show realized and unrealized gains / balance sheet delta report

2019-02-24 Thread Michael or Penny Novack
On 2/24/2019 7:02 PM, Chary Chary wrote: Hello everybody, I just started learning gnucash with the goal to depart from my from my Excel-based bookkeeping system with pivot tables, so forgive me if I ask stupid question. i think I read pretty much all of the help file, but still didn't understand

Re: [GNC] Cashflow-like report to show realized and unrealized gains / balance sheet delta report

2019-02-28 Thread Michael or Penny Novack
On 2/28/2019 8:43 AM, Chary Chary wrote: csingley, thanks for feedback. I found the correct report name, which I think I want. In finance world it is called "Statement of Comprehensive Income" https://www.investopedia.com/terms/c/comprehensiveincome.asp === . Comprehen

Re: [GNC] Accounting for gold coins

2019-02-28 Thread Michael or Penny Novack
On 2/28/2019 10:01 AM, Gary Holtum wrote: Adrien, Thank you for the detailed response. I will work on the steps you describe but I am beginning to think GnuCash is not suited for providing the data I would like. Maybe an Excel spreadsheet would be easier. Thanks again for your expertise. Gar

Re: [GNC] Setting up chart of accounts

2019-03-07 Thread Michael or Penny Novack
On 3/7/2019 12:56 PM, Teresa wrote: I have 25 years experience in Accounting, however never set up a chart of accounts. I just started working for my daughter, who has done everything in excel. I have put all the gl accounts in GnuCash, but they all went in as parent accounts, I new term to me.

Re: [GNC] where did it go

2019-03-09 Thread Michael or Penny Novack
On 3/9/2019 7:52 AM, David Carlson wrote: GnuCash is like your document editor or spreadsheet program. When you close it the first time, it asks you where to save it and what to call it. Then, when you re-start it, it opens the same file automatically. If you skip that step, you have a problem.

Re: [GNC] HELP! No lock!?

2019-03-13 Thread Michael or Penny Novack
On 3/13/2019 2:57 PM, Derek Atkins wrote: I would think just clicking "Open Anyway" would be easier. But glad you got it working :) -derek The important thing is that BEFORE you jump to either using "open anyway" or deleting the lock file you take a few seconds to think about WHY this happen

Re: [GNC] Archive part of my data

2019-03-14 Thread Michael or Penny Novack
On 3/14/2019 2:46 PM, Jonathan Heard wrote: Good Morning, I have been using GnuCash for a long time and the file containing my records goes back 10 years. Is there a way to snip off the first 5 years and hold in a separate (Archive) file? This would speed up the loading of my system. There is

Re: [GNC] How do I create a last year (2018) expense report

2019-03-15 Thread Michael or Penny Novack
On 3/15/2019 3:53 PM, Jack Slater wrote: By Category? Are you wanting to see the individual transactions or just the account totals (and subtotals of categories) If the latter (which is what I suspect you want) then run an Income Statement with a date range covering the entire year (start, Ja

Re: [GNC] The Meaning of Split (previously Example of multi-split feature of CSV importer?)

2019-03-23 Thread Michael or Penny Novack
I think this dispute has more to do with how we begin to learn about transactions in double entry bookkeeping and that gnucash (and yes, most equivalent "direct entry into the ledger" alternatives) begins with a SIMPLIFIED entry that makes it quick/easy to enter the overwhelming majority of tra

Re: [GNC] The Meaning of Split (previously Example of multi-split feature of CSV importer?)

2019-03-24 Thread Michael or Penny Novack
On 3/23/2019 6:04 PM, aeg via gnucash-user wrote: Thank you to those who have tried to educate me on the use of the word "split" in GnuCash, but whilst I believe that I understand how it is being used, the reason for using such an ambiguous term remains puzzling when better alternatives exist.

Re: [GNC] Sorting accounts

2019-03-29 Thread Michael or Penny Novack
On 3/29/2019 10:39 AM, Matthew Andrews wrote: Hello everyone, GnuCash has been working well for me, but it's beginning to get cumbersome to look at. My accounts seem to just appear in the order I created them, which was just as they were needed. It would be a lot easier to read, for example

Re: [GNC] Restoring backups

2019-04-06 Thread Michael or Penny Novack
On 4/5/2019 7:48 PM, Fuchs Ira wrote: Conversely, if I move the current .gnucash to another machine that only has this file (and gnucash app) and open it, I don't see any recent transactions (only transactions from several years ago when I last used this test machine). Does the .gnucash file n

Re: [GNC] help lost data file

2019-04-08 Thread Michael or Penny Novack
On 4/8/2019 5:44 PM, Eric Rathhaus office wrote: Hi John - sorry to be so dense. So those applications are old versions, I believe. But I navigated to me as user and still no option of show library files appears. I think I used to store the data in the fold err office data, but all the file

Re: [GNC] US Bans Free tax Software

2019-04-11 Thread Michael or Penny Novack
On 4/11/2019 12:33 AM, David Cousens wrote: Just noticed this post. https://news.yahoo.com/free-irs-software-filing-taxes-191746938.html?fbclid=IwAR3-GIPM3S6SazRqcyKb1Lywu4wMhtWB9Je8YU_cK_usuW4FLf13y07ATJs. Impact on the use of GnuCash for Tax preparation in the US could be profound. Looks like t

Re: [GNC] credit card opening balance

2019-04-11 Thread Michael or Penny Novack
On 4/11/2019 12:58 AM, ToddAndMargo via gnucash-user wrote: Hi All, On a credit Card account, they owe me $18.00 (I over paid). What do I enter for opening balance? $18 or -$18? And do I put in Payment or Charge? When I enter a charge, why does "Transfer auto enter "Orphan-USD"? What is "Orpha

Re: [GNC] two lines for every entry

2019-04-11 Thread Michael or Penny Novack
On 4/11/2019 1:55 AM, ToddAndMargo via gnucash-user wrote: Should I attend a class in book keeping too? I just want to know how to use the d*** thing. I am starting to think I may be better off using a spreadsheet. It would take a LOT more experience with double entry bookkeeping to keep a

Re: [GNC] US Bans Free tax Software

2019-04-11 Thread Michael or Penny Novack
On 4/11/2019 11:14 AM, David Cousens wrote: Mike The problem I see for free software developers here is to register as a developer for the software, you have to be an existing business as you require a registration only available to an existing registered business. SDKs and APIs which appear

Re: [GNC] two lines for every entry

2019-04-11 Thread Michael or Penny Novack
On 4/11/2019 3:45 PM, ToddAndMargo via gnucash-user wrote: On 4/11/19 5:57 AM, Michael or Penny Novack wrote: Using the d thing does require you to understand SOMETHING about double entry bookkeeping because that is what you are doing.. That you for all the help! Unfortunately, GnuCash

Re: [GNC] Need help with a Savings account

2019-04-16 Thread Michael or Penny Novack
On 4/15/2019 6:11 PM, ToddAndMargo via gnucash-user wrote: Hi All, Now that I am feeling brave coming off of creating a charge card account, I decided to create a saving account. My bank statement shows deposits as positive numbers and withdrawals as negative numbers, so I decided to follow sui

Re: [GNC] How to treat benefit payments from government?

2019-04-18 Thread Michael or Penny Novack
On 4/17/2019 6:16 PM, Adrien Monteleone wrote: Someone on the list from Canada (even better, a local CPA) should offer better advice, but the first question you probably want answered is, “Is this taxable next year?” That will likely influence how you record it now. Regards, Adrien Adrian, it

Re: [GNC] How to treat benefit payments from government?

2019-04-21 Thread Michael or Penny Novack
On 4/19/2019 7:17 AM, R. Victor Klassen wrote: Unlike in the US where state tax refunds are income for federal purposes, provincial and federal taxes do not interact. So these are purely tax-free. This is an example of why no one size fits all. In the US state tax refunds MAY be income for

Re: [GNC] Recording dividend payoffs

2019-04-24 Thread Michael or Penny Novack
On 4/24/2019 2:15 AM, Justin Mathew via gnucash-user wrote: I certainly prefer the approach of declaring dividends as a contra acunt to Retained Earnings and/or debiting it directly to Retained Earnings but it will require closure of the books to provide retained earnings to handle it properly.

Re: [GNC] GNU Cash End of Year Closing of Accounts

2019-04-26 Thread Michael or Penny Novack
On 4/25/2019 5:54 PM, Stephen Brandt wrote: I am looking for a way to archive out all transactions for the Year ending . I would like to remove all transactions from all accounts and start the new year with the ending balance from the previous year. To view prior years I'd like to be able to

Re: [GNC] Dimensions in Accounts

2019-04-29 Thread Michael or Penny Novack
On 4/28/2019 11:59 PM, Sachin Danave wrote: Traditional accounting packages deal with this by allowing to define a dimension to different accounts, whereby you can classify the accounts. This classification field then can be used in reporting. No, TRADITIONAL accounting is one dimensional (the

Re: [GNC] Book keeping/accounting of club project funds

2019-05-03 Thread Michael or Penny Novack
OK, I can help with this << I am the Treasurer of 501(c)3's How should I make entries for club project funds. I am the treasurer for a small 501(c)(3). Our income is mainly memberships (dues), cash donations, and an annual swap meet like event. I am using three Asset accounts. Checking, Sav

Re: [GNC] Questions

2019-05-06 Thread Michael or Penny Novack
On 5/6/2019 7:13 AM, Stephen Camidge wrote: 1) I set up a new book on the Mac version of gnucash using "A Simple Checkbook". The Chart of Accounts places Income below Expenses - why? I added Top Level Accounts for Liabilities and it was put below Income. The Transaction Report shows Income bel

Re: [GNC] Questions

2019-05-06 Thread Michael or Penny Novack
On 5/6/2019 8:22 AM, Stephen C. Camidge wrote: 3 - G/L is General Ledger Ah. being misled by the name of the report. This is a situation where useful to understand how traditional pen and ink on paper bookkeeping worked. You FIRST entered transactions in chronological order into a "bo

Re: [GNC] Questions

2019-05-08 Thread Michael or Penny Novack
On 5/7/2019 11:22 PM, Adrien Monteleone wrote: Comparative-period P&L is not yet implemented in GnuCash. (but as Chris Lamm noted, he has a testing version of the report that *might* fit your needs - if you can try it, please do so) One reason it has not been implemented is that when I began

Re: [GNC] Custom Report

2019-05-09 Thread Michael or Penny Novack
On 5/8/2019 6:24 AM, confused wrote: Hello, I'm new to GnuCash. Would anyone be able to help me with custom reports. I would like to generate a monthly report to show my profit and loss. Is there a way to customise the dates? Many thanks! The P&L (aka Income Statement aka (for a non-profit) Sta

Re: [GNC] Custom Report

2019-05-10 Thread Michael or Penny Novack
On 5/9/2019 8:28 PM, Adrien Monteleone wrote: Excel might be a problem, but LibreOffice has no issues either opening saved GnuCash reports, or importing them as plain text. (copy/paste also works) The only issue with doing comparative P&L’s in a spreadsheet is that each period needs to have al

Re: [GNC] Recording Deposits in Checking

2019-05-15 Thread Michael or Penny Novack
On 5/15/2019 4:16 PM, Jimmy R via gnucash-user wrote: I just curious if this is the way to record a deposit for a restaurant using GNC and later the tax payment. Seem like this is the way to go since you can see what funds are available for expenses - tax liabilities

Re: [GNC] Upcoming report deprecation

2019-05-21 Thread Michael or Penny Novack
On 5/20/2019 4:22 PM, Geert Janssens wrote: You can choose to install the report as a custom report as explained in our wiki: https://wiki.gnucash.org/wiki/Custom_Reports The whole assumption here is these reports are rarely used and unmaintained. We don't want to completely remove them as they

Re: [GNC] - File Path for associated files

2018-09-12 Thread Michael or Penny Novack
On 9/11/2018 8:00 PM, John Sears via gnucash-user wrote: So my files were all stored on G:/documents/xxx.pdf Now that I have transferred to Linux, this path is not recognised - " GNUCash could not open the associated URI: file:///G:/documents/xxx.pdf" Is there a way to bulk edit the paths of a

Re: [GNC] Auto Save Ledger

2018-09-20 Thread Michael or Penny Novack
On 9/20/2018 4:51 AM, Maf. King wrote: Hi Lesley, Save your account data file into a folder - don't work directly from the desktop. (File menu -> Save As while GC is running is probably the best way to do this) GC creates its own backup files each time you save (if using the default & recommend

Re: [GNC] Repeatable Mac crash

2018-09-30 Thread Michael or Penny Novack
On Sep 29, 2018, at 4:30 AM, Robert Kesterson wrote: When I open Gnucash, it opens the last file I had open, which is great. Then I start the second instance from a terminal with “open -n /Applications/GnuCash.app” and it starts up. Since the most recent file is already open, it will c

Re: [GNC] Is GnuCash the right application for me?

2018-10-12 Thread Michael or Penny Novack
I run the accounts for a couple of clubs with similar needs. Setup one accounts file for each club so they are kept separate. I have not bothered with the complexities of the business features (invoices etc) as I have not found them necessary. I am a person who is treasurer for organization

Re: [GNC] Monthly reports

2018-10-14 Thread Michael or Penny Novack
On 10/12/2018 6:21 AM, Michael Beard via gnucash-user wrote: I have to prepare a monthly report to my local bowling club detailing income and expenditure in the various categories set up. Can you explain how I go about this please. If this was already answered, pardon me. The usual name of

Re: [GNC] Help please setting up savings account

2018-10-28 Thread Michael or Penny Novack
On 10/28/2018 5:07 PM, David Cousens wrote: In the account tree page, right click to bring up the popup menu then select new account. It will need to have an account type of Asset. More specifically. Assets Current assets (meaning cash and cash equivalents -- there are other sorts of asse

Re: [GNC] Accidentally Created .LNK file and now my entire GnuCash file is overwritten and I can't get back to work

2018-11-05 Thread Michael or Penny Novack
On 11/4/2018 9:10 PM, David T. via gnucash-user wrote: As others explained, the lck and lnk files are created by gnucash to prevent users accidentally opening the data file on multiple machines. They are zero bytes in size and there is no point in trying to open them up. There is no there ther

Re: [GNC] Below are my screen shots in .pdf format/previously they were .png files which did not go thru

2018-11-05 Thread Michael or Penny Novack
On 11/5/2018 5:08 AM, Colin Law wrote: On Mon, 5 Nov 2018 at 09:40, Anita Graves via gnucash-user wrote: Dear Geniuses, I primarily want to know how to get rid of this .LNK file and unlock my gnucash program so that I can use it again. You do not need to get rid of it. However . manuall

Re: [GNC] [GNC-dev] Automatically split transactions with sales tax

2018-11-11 Thread Michael or Penny Novack
On 11/11/2018 6:23 AM, elvis wrote: Seriously? Are you just telling someone to type stuff stuff in? The WHOLE point of computers is to automate stuff. What if they have 1000 transactions? At a minute a transaction that a whole day entering stuff that could be in under a SECOND I know

Re: [GNC] Column labels in Credit Card accounts

2018-11-19 Thread Michael or Penny Novack
On 11/19/2018 5:33 AM, Maf. King wrote: Hi Barry, The option I suggested will swap between formal "Debit & Credit" column labels and "Friendly Text". The "Freindly Text" will vary depending on the account type that you are looking at - by way of example my credit card accounts are Payment / Cha

Re: [GNC] Australian Initial Setup Q's

2018-11-25 Thread Michael or Penny Novack
On 11/25/2018 5:26 PM, David Cousens wrote: Stephen, Fixed Assets is available in the new file wizard when you create a new set of books. In the Choose Accounts to Create dialog Fixed Assets is one of the options in the drop down list of available accounts which can be added to the tree. Gnuca

Re: [GNC] Accounting Modules

2018-11-27 Thread Michael or Penny Novack
On 11/26/2018 11:27 PM, David Cousens wrote: Steve, I'd reinforce John and Adrien's comments about diving right in. I originally learned C somewhere in the late 1980's from Kernigan and Ritchie's book and used the language for a couple of years. Not a bad way to learn I used that book too. The

Re: [GNC] Accounting Modules

2018-11-27 Thread Michael or Penny Novack
On 11/27/2018 1:04 AM, Jeff Abrahamson wrote: I second that you can just start with C++. C++11 and beyond permits and encourages programming styles that are very different from C's. I'd stress that encourages rather than permits, but very strong encouragement as being permitted to do something

Re: [GNC] GnuCash methodolgy

2018-12-08 Thread Michael or Penny Novack
On 12/8/2018 1:52 PM, Adrien Monteleone wrote: The budget module doesn’t enforce zero-sum practices, but it does give you the information to use it that way if you want. What it is not very good at is the ‘envelope’ method of budgeting. Budgeting should likely be handled outside of GnuCash if

Re: [GNC] How To Handle Prepayments

2018-12-16 Thread Michael or Penny Novack
On 12/15/2018 4:06 PM, tbalaban wrote: My Company pays an initial payment to our insurer at the beginning of each policy year. As we incur insurance costs based on event participants, that initial payment is charged. After it is exhausted we get a monthly bill for the amount due. In no case do we

Re: [GNC] Biils in credit

2018-12-17 Thread Michael or Penny Novack
On 12/16/2018 11:04 PM, Andrew Clark wrote: I get a bill from my electricity provider. For part of the year, the solar feed in payments mean our bill is actually in credit. eg. .. What the best way to keep track of this? This may depend on the EXACT details. For example, in my situation

Re: [GNC] Sales items, Service items, Inventory items

2024-07-18 Thread Michael or Penny Novack via gnucash-user
On 7/18/2024 3:29 PM, Paul Chaney--First Certified Arbor Care wrote: Does anyone know how to track inventory in Gnu Cash? QuickBooks has an items list, which includes various types, including service items and both inventory and non-inventory items. Paul Chaney As noted, gnucash can do the ge

Re: [GNC] Sales items, Service items, Inventory items

2024-07-20 Thread Michael or Penny Novack via gnucash-user
On 7/19/2024 10:17 PM, Adrien Monteleone wrote: What you are asking for is not just inventory management, but point of sale tied to it. GnuCash doesn't have either of those. You would need to use proper outside software for those functions. You should then be able to export the accounting dat

Re: [GNC] Sales items, Service items, Inventory items

2024-07-20 Thread Michael or Penny Novack via gnucash-user
On 7/20/2024 6:30 PM, flywire wrote: GnuCash does have an inventory system but it has been increasingly customised to stock (shares not livestock). Inventory (businesses refer to it as stock) is a standard part of most business taxation systems and It has little to do with point of sale. Huh?

Re: [GNC] Check & Repair

2024-07-22 Thread Michael or Penny Novack via gnucash-user
As has been noted, in the lower-right corner by the progress bar there is a vanishingly quick display of a message that flies by in a small fraction of a second and appears to display in a very small font. In other words, not terribly useful. I wonder if the fleeting message is Ah .. not

Re: [GNC] Splash Screen disabled?

2024-07-27 Thread Michael or Penny Novack via gnucash-user
On 7/26/2024 7:24 PM, Stan Brown (using GC 4.14) wrote: I have 4.14 in Windows 10 and 11. The splash screen appears, the progress bar for opening the last previously used file fills in from left to right, and when that's done the splash screen disappears. The whole thing takes about two seconds.

Re: [GNC] Splash Screen disabled?

2024-07-27 Thread Michael or Penny Novack via gnucash-user
I don't agree. If the message, window, or whatever is worth seeing, it should persist until the user dismisses it. A fixed display time is going to annoy some (who just want to get on with their work) but its information will be lost to others (who take their eyes off the screen to pull papers fro

Re: [GNC] Move working files

2024-08-10 Thread Michael or Penny Novack via gnucash-user
My data file - MyData.gnucash is in the same directory as what I call the "working" files -- the MyData.gnucash..gnucash and the MyData.gnucash..log files. Is there some way that these working files can be created in a separate directory? I am backing up the GnuCash data directory, but in realit

Re: [GNC] Move working files

2024-08-11 Thread Michael or Penny Novack via gnucash-user
On 8/10/2024 10:15 PM, R Losey wrote: You misunderstood. I don't want a script to move the working files - I was wondering if there were some setting that would put the working files (the temporary .gnucash file and the logs) in a separate directory.  It turns out there isn't, so I'll have t

Re: [GNC] Beginner use case: Checking, Savings, Credit Card = how do I correlate a transaction in Checking Withdrawal to Savings Deposit or Credit Card payment?

2024-08-13 Thread Michael or Penny Novack via gnucash-user
Fundamentals this is double entry bookkeeping. Every transaction has at least TWO accounts associated with it, at least one debit and at least one credit. Read the introduction/tutorial as many times as necessary for you to absorb this concept, at least two accounts. Failure to specify th

Re: [GNC] two instances on different books

2024-08-14 Thread Michael or Penny Novack via gnucash-user
On 8/14/2024 8:46 AM, Brook Milligan via gnucash-user wrote: Is it safe for a single user to run simultaneously two different instances of GC on two different books? There is also a work flow/error consideration. I  think working with two sets of books open would be a very bad idea because of

Re: [GNC] two instances on different books

2024-08-14 Thread Michael or Penny Novack via gnucash-user
Yes, I agree. However, there are always potential human mistakes that can occur, even with a single book. Many of those can be mitigated in various ways. For the moment, I am wondering if there are any technical reasons that simply preclude the option and make all those possible challenges

Re: [GNC] two instances on different books

2024-08-14 Thread Michael or Penny Novack via gnucash-user
The other way is to run multiple users and switch between the users when you need to use a different set of books. Then the user preferences are unique to each user and therefor each set of books. Requires a logoff/login as the new user. . of course if you can afford multiple computers and

Re: [GNC] Assets with two different currencies and buy/sale in different currencies?

2024-08-26 Thread Michael or Penny Novack via gnucash-user
Let's separate your questions. First deal with the basics and then the currency issue. Yes, as assets. If you buy and sell regularly (business) create a parent "Inventory" under assets. If you are a collector and only sometimes acquire or sell, you might call that "music collection" etc. In ei

Re: [GNC] How do I invoice a customer which he pays with billable services by him?

2024-08-30 Thread Michael or Penny Novack via gnucash-user
On 8/29/2024 6:17 PM, Mark at Lorimark wrote: (not an accountant) That sounds like 'barter' which should probably not be on the books? Not an accountant or tax advisor Neither am I but see topic "402 Bartering Income" on the IRS site. This one of the situations best NOT writing about an inst

Re: [GNC] How do I invoice a customer which he pays with billable services by him?

2024-08-30 Thread Michael or Penny Novack via gnucash-user
On 8/30/2024 1:49 PM, John Ralls wrote: And to be very clear: GnuCash does *not* support barter. All transactions must be valued in an ISO-4217 currency. Regards, John Ralls It does not support barter that ALSO involves any currency (where barter units are convertible or transactions mixed b

Re: [GNC] [newbie] how to treat a gift?

2024-09-03 Thread Michael or Penny Novack via gnucash-user
On 9/3/2024 5:54 PM, Kalpesh Patel wrote: Couldn't one can elect to track paycheck by net rather than gross? Please either go back to the tutorial on double entry bookkeeping, or better yet, some standard text. We can show you how to use THIS TOOL (gnucash) to partially automate the process.

Re: [GNC] [newbie] how to treat a gift?

2024-09-04 Thread Michael or Penny Novack via gnucash-user
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

Re: [GNC] New top-level accounts

2024-09-08 Thread Michael or Penny Novack via gnucash-user
On 9/7/2024 5:39 PM, David Cousens wrote: Brook The closest you can get with GnuCash is to have separate subaccounts for each entity under each of the top level accounts. Wrong place to start (with a problem like this) First need to answer some questions at the "business" level. In other wor

Re: [GNC] Recommendations for hosting gnucash file - Google Drive, Microsoft 365, Local server?

2024-09-09 Thread Michael or Penny Novack via gnucash-user
On 9/9/2024 10:16 AM, Derek Atkins wrote: The GnuCash team, historically, have explicitly decided that GnuCash leave encryption and other password protection to external tools and NOT perform it internally. GnuCash is a financial tool, not a security tool. A) Password protection IN THE APP wou

Re: [GNC] Recommendations for hosting gnucash file - Google Drive, Microsoft 365, Local server?

2024-09-09 Thread Michael or Penny Novack via gnucash-user
On 9/9/2024 2:35 PM, Patrick James via gnucash-user wrote: Michael, Modern encryption systems, including open source systems, should be compliant with Kerckhoffs's principle. Yes of course. But historic note Both the German "Enigma" and the Japanese "Purple" were compliant with Kerckof

Re: [GNC] Recommendations for hosting gnucash file - Google Drive, Microsoft 365, Local server?

2024-09-11 Thread Michael or Penny Novack via gnucash-user
No, that was a good description. The password itself is not stored. What is stored is the result of applying a "one way function" to the password. You always assume the algorithm is known to the attacker but that does no him/her no good. We don't USUALLY use "encrypt" for a process that is irr

Re: [GNC] Heidi EDIT company name Help

2024-09-15 Thread Michael or Penny Novack via gnucash-user
On 9/15/2024 1:38 PM, halatch1008 via gnucash-user wrote: I also want to know how to delete a couple of practice companies I created by mistake.Thanks,HeidiSent from my Verizon, Samsung Galaxy smartphone I take it by this you mean other sets of books? And delete from what? The test books th

Re: [GNC] Newbie trouble deleting transaction

2024-10-11 Thread Michael or Penny Novack via gnucash-user
On 10/11/2024 10:13 AM, Paul-A via gnucash-user wrote: Thanks Geoff and others for your replies... I don't see the point of a blank entry like that. For bank accounts I expect to import data from external files, not do any manual entries, but maybe I'm naive. Well, since you are new to this.

Re: [GNC] Convert xml <-> sqlite on command line

2024-10-06 Thread Michael or Penny Novack via gnucash-user
On 10/5/2024 5:18 PM, Eberhard Beilharz wrote: Hi, is there a way to convert a Gnucash file in XML format to SQLite format on the command line and the reverse? I know I can do Save As in the Gnucash UI, but I would like to do it from the command line so that I can automate it. Thanks,     Eber

Re: [GNC] Entering my real estate and mortgage?

2024-09-29 Thread Michael or Penny Novack via gnucash-user
I'm in Switzerland and there's no thing like the escrow account you've mentioned - thanks. It is in general use here. The mortgage holder wants to be protected against insurance premiums or tax bills not paid. So along with the mortgage payments of interest and principle (mortgages here are

Re: [GNC] Entering my real estate and mortgage?

2024-09-29 Thread Michael or Penny Novack via gnucash-user
. But I don't know what happens if  something should happen to the real estate which is not covered by insurance.(or property tax bill not paid).. I can assume that the banks are on the safe side in any case and the mortgage holder (real estate owner) is eventually just out of luck... but I d

Re: [GNC] To whoever explained the 4% safe withdrawal rule - thank you

2024-10-06 Thread Michael or Penny Novack via gnucash-user
FIRST --- The total is a separate question from the RMD on 401k/IRA accounts to which that applies (note: not Roth IRAs as with those contributions were after tax). In other words, you must take AT LEAST the amount as of 12/31 the previous year divided by the life expectancy table the gov't use

Re: [GNC] Negative stock dividend

2024-10-05 Thread Michael or Penny Novack via gnucash-user
On 10/5/2024 11:36 AM, sunfish62--- via gnucash-user wrote: How does a negative dividend work? I've never heard of one. Does the company force shareholders to pay more money to keep their shares? ⁣David T. ​ Well I suspect this is a terminology matter. Dividend probably the wrong term. Here

Re: [GNC] Split Actions

2024-10-21 Thread Michael or Penny Novack via gnucash-user
On 10/21/2024 10:43 AM, interesse wrote: Hello everyone, can someone explain the meaning and consequences of the different actions that can be selected for each transaction split? What do they mean? Are they used for anything? For reports or something else? Kind regards Marco Unclear what

Re: [GNC] Split Actions

2024-10-22 Thread Michael or Penny Novack via gnucash-user
On 10/21/2024 8:40 PM, John Ralls wrote: Interesse means the action field on splits. The action field is a free-text field with some predefined values that you can use; what the predefined values are depends on the register type (currency, stock, invoice, etc.). Thank you. That was what I me

Re: [GNC] GnuCash 5.9 on macOS 15.2 Dev Beta

2024-11-04 Thread Michael or Penny Novack via gnucash-user
PS -- know why we call them "bugs"? << the origin of the tern >> The story i was told many years ago was a dead moth shorting out some core memory module (or somesuch) in the very early days of stored programming. Well .. sort of yes, but how the term came about makes a whole lot more sens

Re: [GNC] Loan repayments created not matching

2024-11-04 Thread Michael or Penny Novack via gnucash-user
On 11/3/2024 5:20 PM, Jason Seegers wrote: Hi, Not sure what I am doing wrong here but when I use the loan repayment calculator as per the screenshots below, the transactions created don’t match what I am shown and I am stumped as to why. Any ideas to get this to actually agree? How far off

Re: [GNC] GnuCash 5.9 on macOS 15.2 Dev Beta

2024-11-04 Thread Michael or Penny Novack via gnucash-user
On 11/4/2024 8:55 AM, Kalpesh Patel wrote: I remember something like that from many moons ago. Specifically it had to do with vacuum tubes and mechanical relays, rather than transistors, and early computers were room sized ones when that term came to be in the computer world's fold. LOL. I'm ol

Re: [GNC] [OT] Re: GnuCash 5.9 on macOS 15.2 Dev Beta

2024-11-04 Thread Michael or Penny Novack via gnucash-user
On 11/4/2024 10:45 AM, Robert Heller wrote: The Speed of Light = 299 792 458 m / s Nano =0^-9 299792458 * 10^-9 =2997924580m = 29.9792458000cm = 11.8028526771in Excuse me, but that is in a vacuum. Would be slower in some other medium (like that length of fiber). And while electrons can approac

Re: [GNC] Additional info: Re: blank reports

2024-11-05 Thread Michael or Penny Novack via gnucash-user
Even though I can't see the reports because all I'm seeing is a black window, if I print them, they seem to print OK.   Doc If you use Linux, there can be an issue with webkitgtk that can result in blank reports. Actually, this indicates something useful to isolate the problem when experi

Re: [GNC] blank reports

2024-11-05 Thread Michael or Penny Novack via gnucash-user
On 11/5/2024 8:29 AM, D. R. Evans wrote: I just tried to start creating my year-end reports for my accountant for a business whose year has just ended, and they are all appearing as simply a black window :-( :-( :-( It seems to be just reports that have this problem; the normal Account windows

Re: [GNC] [OT] Re: GnuCash 5.9 on macOS 15.2 Dev Beta

2024-11-04 Thread Michael or Penny Novack via gnucash-user
On 11/4/2024 11:26 AM, William Prescott wrote: Electrons move very slowly in copper, about 1 cm/sec. The question is the signal speed in copper, which is about half the speed of light. I got this from a couple searches in DuckDuckGo. Light in fiber is probably closer to the vacuum speed of lig

Re: [GNC] [OT] Re: GnuCash 5.9 on macOS 15.2 Dev Beta

2024-11-04 Thread Michael or Penny Novack via gnucash-user
On 11/4/2024 1:56 PM, William Prescott wrote: I should have read more carefully before replying. Are you (Michael) responding to the electron speed or the signal speed. The signal travels much faster than an individual electron. The analogy I read was to think of a tube filled with marbles mov

Re: [GNC] GnuCash 5.9 on macOS 15.2 Dev Beta

2024-11-03 Thread Michael or Penny Novack via gnucash-user
On 11/2/2024 9:26 PM, William Prescott wrote: From Seth's comment below, it appears that the problem is only with MacOS 15.2, the public beta. Has anyone else confirmed that Gnucash 5.9-1 runs okay on MacOS 15.1? Best wishes, Will This tells me time to remind folks what "alpha" and "beta" m

Re: [GNC] Duplicating Account

2024-10-30 Thread Michael or Penny Novack via gnucash-user
On Tue, October 29, 2024 12:53 pm, Griffin wrote: Is it possible to duplicate an account? Please define what you mean by "duplicate an account". An account object doesn't have a lot of data in it: a name, a type, a currency/commodity, a parent. If you want to also duplicate all the transactio

Re: [GNC] Where do 'opening liabilities' go?

2024-11-11 Thread Michael or Penny Novack via gnucash-user
On 11/11/2024 1:15 AM, Patrick James via gnucash-user wrote: If I found something of value that was included in a past transaction, such as that nice William Woodard artwork in the attic, then I'd adjust the description of what was purchased as 1 house and a couple of paintings. I picked that

Re: [GNC] Printing checks

2024-10-26 Thread Michael or Penny Novack via gnucash-user
On 10/25/2024 8:34 PM, Sherman Yoder wrote: Hello, You can find instructions how to create and modify checks in the Tutorial and Concepts Guide. On gnucash.org, click on Documentation, then The Tutorial and Concepts Guide. Appendix B describes how to create a check form.

Re: [GNC] Duplicating Account

2024-10-31 Thread Michael or Penny Novack via gnucash-user
On 10/31/2024 10:13 AM, Kalpesh Patel wrote: With that out of the way, I sounds like that the asking person wants to experiment something within the account. In that case, it is rather going to be best by making a copy of the file somewhere else. Then restore it back if you don’t like the resu

Re: [GNC] Where do 'opening liabilities' go?

2024-11-10 Thread Michael or Penny Novack via gnucash-user
Have you read the Basics section of the GnuCash Tutorial and Concepts guide (https://www.gnucash.org/docs/v5/C/gnucash-guide/index.html) . It is a basic introduction to the principles of accounting although fairly concise. David Cousens UH unfortunately basics not enough for those of us

Re: [GNC] Where do 'opening liabilities' go?

2024-11-10 Thread Michael or Penny Novack via gnucash-user
The Equity account is (generally) only used for opening balances before you start accounting. Once you get going, any account opening would necessarily have a counter/balance account. For example, if you open a Car Loan, the counter-account would be the Car (Asset), and possibly some Tax & Fee E

Re: [GNC] Where do 'opening liabilities' go?

2024-11-10 Thread Michael or Penny Novack via gnucash-user
On 11/10/2024 5:51 PM, David Carlson wrote: Silly Question:  Which William Woodward made those paintings?  The one born in Seekonk, Massachusetts on May 1st 1859 or the one born in Washington, D.C in1935? Either would do for the example, a

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