2009-02-15 GnuCash IRC logs
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06:55:53 <Gerto> Hi Everyone, I've been using GnuCash for a while for both personal finances and small business. But I still don't seem to get the concept of "Equity". For my personal finances, I don't have anything in equity except for the Opening Balances. Should I have anything else there? Anyone who can shed a light on this?
06:57:03 <cortana> Gerto: that's fine
06:57:07 <cortana> the tutorial and concepts guide explains this in detail
06:57:47 <cortana> but basically you can think of equity as the amount of money you had when you started using gnucash
07:00:13 <Gerto> Okay, thanks. And if I understand correctly, for the small business it's a bit different? ing || Please don't ask to ask, just ask and wait! || publically-logged channel || latest stable: 2.2.8'
07:00:13 <Gerto> * Set by warlord on Wed Dec 31 05:03:50
07:00:21 <Gerto> hm, sorry
07:00:48 <cortana> whoops :)
07:00:58 <Gerto> I should close the books at the end of the year and then the gains / losses that are retained go into equity?
07:01:03 <cortana> well, i believe it's up to your accounting practices
07:01:17 <cortana> many people like to do that, and i believe that's what happens, yes
07:01:30 <cortana> i just have one account book going back since i started using gnucash, so my only equity account is opening balances
07:02:49 <Gerto> ic,just seems so illogical to have just that figure forever, but that clears it up. Thanks! :-)
07:03:24 <cortana> well, i wouldn't think of it as being illogical--you have to record your opening balances somewhere :)
07:03:37 <cortana> if you started using gnucash when you had no assets or liabilities, then you wouldn't need it :)
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07:04:54 <Gerto> lol. Maybe I should donate all my money to gnucash and start over with nothing for that ;-)
07:06:53 <cortana> hehe, that would be one way to go about it! :)
07:07:37 <cortana> that should go in the faq ;)
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07:41:14 <hstoellinger> Hello, I want to use GnuCash both on Linux and on Windows. Does anybody know whether one can share files between the two operating systems? Regards - Heinrich
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12:50:37 <fbond> When does GnuCash fetch quotes for securities?
12:50:59 <fbond> Are the commodity prices in my balance sheet up to date if I have online price quoting enabled for the security?
12:51:25 <andi5> hm... actually, i have always thought that updating the quotes is a manual process...
12:51:35 <fbond> How do I do it?
12:51:41 <andi5> in the price editor
12:52:24 <fbond> Ah, I see.
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13:47:31 <fbond> Weird. Finance::Quote with yahoo is returning an invalid date (00/00/2000) and returning the correct date in the "time" field instead.
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16:07:30 <fell> Somebody here, who can revert a wiki page?
16:07:44 <jsled> which?
16:09:10 <fell> De/Konfiguration on the version before helmut's change from 14.
16:10:11 <fell> because there is now a strange mixture of wiki and html tags, which get not solved.
16:12:40 <jsled> Revert to <http://wiki.gnucash.org/wiki/index.php?title=De/Konfiguration&oldid=5324> ?
16:13:44 <fell> yep
16:14:18 <jsled> done
16:14:28 <fell> thx
16:28:13 <fell> fbond: FQ 1.15 is current. 1.13 was before the format change in yahoo_europe.
16:29:10 <fbond> fell: Okay. Do you have any indication that yahoo (usa) is fixed in 1.15?
16:29:39 <fell> tell me a sample, where you had problems.
16:29:54 <fbond> A symbol?
16:29:59 <fell> yep
16:30:05 <fbond> They all fail. The date is always invalid, with any symbol.
16:30:15 <fbond> MCHP, e.g.
16:31:00 <fell> e.g. echo '(yahoo "INL.F")' | gnc-fq-helper gives me (("INL.F" (symbol . "INL.F") (gnc:time-no-zone . "2009-02-13 00:00:00") (last . 10.89) (currency . "EUR")))
16:31:11 <fbond> So 1.15 is fixed, then, eh.
16:31:59 <fell> (("MCHP" (symbol . "MCHP") (gnc:time-no-zone . "2009-02-13 16:00:00") (last . 19.90) (currency . "USD")))
16:32:42 <fell> under linux gnc-fq-update is your freind.
16:33:11 <fbond> gnc-fq-update? Ugh.
16:33:14 <fbond> I'll look for a .deb.
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16:35:45 <fell> opensuse stores cpan and factory in different directories, but I don't know how debian handels this.
16:36:30 <fbond> fell: I think it puts CPAN stuff under /usr/local somewhere.
16:40:38 <fell> If you are right, you can use gnc-fq-update and if you dislike FQ 1.15, you remove your /usr/local.../CPAN stuff
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17:20:41 <fbond> fell: Okay, I'm convinced. The work around was just plain wrong (and a waste of time). I'll make a note to that effect on the ticket.
17:27:04 <fell> fbond, if you learned something, it was no waste of time ;-)
17:28:27 <fbond> fell: Eh, I've got more important things to be learning, probably. ;) The state of the universe has been improved, though, as long as Google finds that ticket.
17:29:10 <fell> 42
17:31:55 <fbond> fell: Heh.
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