2009-07-15 GnuCash IRC logs
00:03:37 *** delaman has joined #gnucash
01:42:56 *** warlord-afk has quit IRC
01:45:53 *** warlord-afk has joined #gnucash
02:08:04 *** Jimraehl has left #gnucash
02:12:52 *** Jimraehl has joined #gnucash
02:23:53 *** Peter_ has joined #gnucash
02:23:59 *** Peter_ has left #gnucash
03:09:30 *** bentob0x has joined #gnucash
03:42:54 *** warlord-afk has quit IRC
04:12:34 *** phil has joined #gnucash
05:06:13 *** bentob0x has quit IRC
06:13:36 *** warlord has joined #gnucash
06:13:37 *** gncbot sets mode: +o warlord
06:44:55 *** Maroushka has quit IRC
07:06:01 *** warlord is now known as warlord-afk
07:09:28 *** Peter_ has joined #gnucash
08:02:28 *** Jimraehl has left #gnucash
08:09:26 *** warlord-afk has quit IRC
08:11:42 *** phil has quit IRC
08:11:49 *** JimRaehl2 has joined #gnucash
08:14:06 *** JimRaehl2 has left #gnucash
08:20:35 *** phil has joined #gnucash
08:26:43 *** phil has quit IRC
08:45:19 *** ErKa has joined #gnucash
08:45:29 *** mrglinux has joined #gnucash
08:51:00 <mrglinux> excuse me . what different betweens income , bank , liability ? both of theme hast some part as increase or decrease . for example income has income (+value) charge (-value ) , bank has deposit(+) withdrawal(-) , liability increase (+) decrease (-) ,,, they do same thing ??
08:52:04 <jsled> mrglinux: they are different, in some fundamental ways.
08:52:59 <mrglinux> jsled: can you give me example ?
08:53:06 <jsled> Specifically, there are 5 major account types: assets, expenses, liabilities, equity and revenue/income. And double-entry has specific ways in which debits and credits turn into increases and reductions.
08:53:07 <jsled> http://en.wikipedia.org/wiki/Double-entry_accounting#Examples_of_debits_and_credits
08:53:14 <jsled> is a good reference.
08:53:25 <jsled> On top of those, however, GnuCash has some refinements.
08:53:53 <jsled> Though … I guess if you just replace "Bank" with "Asset" in your statement, then it lines up with that.
08:54:19 <jsled> But there are others … like Credit Card or Mortgage, which are really just refinements of Liability.
08:54:32 <jsled> Or "Bank" or "Money Market", which are refinements of "Asset".
08:54:46 <jsled> Things like Stock accounts are further refinements.
08:55:11 <jsled> In GnuCash, there are type constraints on the Account hierarchy; a top-level Asset account can only contain other Asset accounts, and similar.
08:55:36 <mrglinux> jsled: I read some of user manual in pdf .. but not all . after work with it ... I saw both of them has increase or decrease . and each one has balance . my question is can I use bank account for bank my wallet , my cash and use different names ?
08:55:48 <jsled> Yes, you can.
08:56:30 <jsled> One of the key things the account types provide in GnuCash is intuitive labels for the credit/debit columns in account registers.
08:56:50 <mrglinux> hmm
08:56:56 <jsled> So, eg., in an Asset account, the "Debit" column is labeled "Deposit", and the "Credit" column is labeled "Withdrawl".
08:57:19 <jsled> In an Expense-type account: "Expense" and "Rebate".
08:58:12 <jsled> mrglinux: if you haven't seen the default account hierarchies, and the "Common" account hierarchy in particular, you might want to at least take a look on a new datafile.
08:58:20 <jsled> It has a pretty basic account-hierarchy skeleton.
08:59:27 <mrglinux> hmm
08:59:36 <mrglinux> it's good hierarchy accounts
09:06:37 <mrglinux> jsled: what is equity ? ( I know the meaning of that ) but I don't what is it exactly .. does it refer to the money get from company per month ?
09:08:09 <jsled> The Equity account type in gnucash should probably be called "Equity Adjustments".
09:08:27 <jsled> Equity is the remainder of Assets after Liabilities.
09:09:23 <jsled> In GnuCash, you use the Equity account to record things like the Opening Balance of Checking Accounts (and the outstanding principal on Loans) at the point your start recording the books.
09:10:04 <jsled> But the real value of Equity has to be computed by a report.
09:10:39 <jsled> "Money [you] get from company per month" sounds like Income, unless it's not.
09:13:18 <mrglinux> ahan
09:13:21 <mrglinux> ok
09:24:43 *** JimRaehl2 has joined #gnucash
09:28:54 *** localhost1 has joined #gnucash
09:29:55 *** lenscape_ has joined #gnucash
09:31:16 *** todd_ has joined #gnucash
09:31:33 *** [Guy] has joined #gnucash
09:32:00 *** gxti_ has joined #gnucash
09:35:24 *** JimRaehl2 has quit IRC
09:35:24 *** mrglinux has quit IRC
09:35:24 *** kfo_ has quit IRC
09:35:24 *** Guy- has quit IRC
09:35:24 *** lobsang has quit IRC
09:35:24 *** linas has quit IRC
09:35:24 *** todd has quit IRC
09:35:24 *** gxti has quit IRC
09:35:24 *** localhost has quit IRC
09:35:24 *** lenscape has quit IRC
09:35:24 *** puck has quit IRC
09:35:43 *** puck has joined #gnucash
09:45:54 *** linas has joined #gnucash
09:47:50 *** lobsang has joined #gnucash
09:49:13 *** XiXaQ has joined #gnucash
09:49:57 *** mrglinux has joined #gnucash
10:22:28 *** mrglinux has left #gnucash
10:33:10 *** donfede has joined #gnucash
11:38:05 *** kfo has joined #gnucash
11:56:35 *** phil has joined #gnucash
12:01:40 *** guest has joined #gnucash
12:02:00 <guest> good day.
12:03:17 <guest> hello?
12:05:15 <guest> ok, let's try :) got some stylesheet/printer issues. Border left is to close to paper border. did not find a way to say: 1,5cm space from left border. Guess no-one is here..... heelo?
12:08:13 <guest> /server irc.gnome.org /join #gnucash
12:09:27 <guest> hello?
12:10:13 *** guest has left #gnucash
12:17:13 *** mib_9srcdm has joined #gnucash
12:18:20 *** normal-user has joined #gnucash
12:19:19 <normal-user> My print-outs look soooo unprofessional. I just need to know how to set left border within 'printable invoice'. Cheers...
12:22:42 *** normal-user has left #gnucash
12:28:43 <mib_9srcdm> sorry guys, have to go offline. I live in Africa, hence electricity and Internet connection is not 24/7 available. We will try it later. Thanks (dot_baiki@yahoo.com)
12:30:13 *** mib_9srcdm has left #gnucash
12:59:45 *** mrglinux has joined #gnucash
13:08:03 <mrglinux> I config my gnu cash . but I have some problem I define a balance for example 1000$ after that I have income 200$ how can I add my income ?? which type should I select ? that increase my open balance ?
13:08:51 <jsled> mrglinux: I'm not quite understanding; "opening balances" should "come from" Equity.
13:09:04 <mrglinux> jsled yes Equity
13:09:07 <jsled> s/Equity/an Equity-type account/
13:09:12 <jsled> And Income should "come from" an Income-type account.
13:14:08 <mrglinux> jsled: I define my asset 1000$ . so I put 1000$ in opening balance when I define asset account. I defined income account too. now I found 200$ in my wallet and I want to add in my asset account , section wallet that balance of wallet increase 200$ and my equity changes to 1200$ . now I go to wallet section (in asset categories ) what shall I do? I have two fields spend and recive
13:14:38 <mrglinux> I put 200 in receive . what should I select in transfer ?
13:15:02 <jsled> well, you could just change the Opening Balance transaction to be "1200".
13:15:55 <jsled> Are you tracking "wallet" as a separate account from "Checking", or something?
13:16:16 <jsled> Then just make a transaction in Assets:Wallet against Equity:Opening Balances for the $200.
13:16:20 <mrglinux> jsled: if I have income or something like that it could not increase automatically while it decrease total ?
13:16:41 <jsled> "Opening balances" aren't special … they're just appropriately-dated tranactions against {Equity:Opening Balances}.
13:16:57 <jsled> mrglinux: I don't know what you mean. Income is something else entirely.
13:17:11 <jsled> And unrelated to this, as I understand you.
13:17:26 <mrglinux> jsled: so Equity change handy ?
13:17:48 <jsled> If someone paid you $200, then that would be a transaction between some Income account and Assets:Wallet (or maybe Assets:Checking if they gave you a check for deposit or something)
13:18:37 <mrglinux> jsled: and if income balance be 0 ? it will be negative that value
13:18:53 <jsled> what do you mean?
13:19:02 <mrglinux> let me try
13:19:35 <mrglinux> excuse me what is Imbalance-IRR ? that created automatically
13:19:47 <jsled> Because you're adding to Assets and subtracting from Income? No. Double-entry doesn't work that way.
13:20:10 <jsled> If you're seeing an Imbalance account, you're not balancing transactions correctly.
13:20:26 <jsled> You MUST specify a Transfer account for every Transaction.
13:20:43 <jsled> If you don't, it'll use Imbalance-[currency] by default.
13:20:47 <jsled> You shouldn't let it. :)
13:21:58 <mrglinux> aha
13:24:16 <mrglinux> jsled how equity changes ? when I work with gnucash each amount I added this field increase .. so I thought it's total of amount . and each section of asset increase or each section of expense decrease this number changes
13:25:43 <jsled> mrglinux: where? which number are you seeing?
13:26:19 <mrglinux> jsled: in opening balance
13:26:29 <mrglinux> that was equity account
13:27:11 <jsled> So, you should (roughly) have only 1 transaction in Equity:Opening Balances for each asset or liability account you have.
13:27:27 <jsled> Other asset/expense transactions should not involve Equity accounts in any way.
13:30:08 <jsled> mrglinux: see <http://www.gnucash.org/docs/v2.0/C/gnucash-guide/txns-registers1.html> for an example of what a few normal transactions should look like.
13:30:58 <mrglinux> ok
13:31:59 <mrglinux> thanks
13:36:32 *** slidesinger has joined #gnucash
13:52:18 *** luca`gervasi has joined #gnucash
13:52:21 <luca`gervasi> Hallo
13:54:22 <luca`gervasi> what is the "R" field between "Account" and "Expenses" ?
13:55:10 <jsled> For Reconciliation status
13:56:29 <luca`gervasi> uhm...where can i read about it?
13:56:53 <luca`gervasi> i mean... is there some kind of updated manual?
13:57:29 <jsled> http://www.gnucash.org/docs/v2.0/C/gnucash-guide/txns-reconcile1.html
13:57:32 <luca`gervasi> and... How can i split my transaction into multiple accounts? (i bought a tv, paying it 50% by visa and 50% cash...)
13:57:46 <luca`gervasi> thank you jsled :D
13:57:49 <jsled> http://www.gnucash.org/docs/v2.0/C/gnucash-guide/txns-registers1.html#txns-registers-multiaccount2
14:05:46 <luca`gervasi> have you ever used the Invoice editor? :)
14:06:04 <luca`gervasi> (the split worked fine, thanks)
14:06:42 <jsled> I haven't. but if you just ask, maybe someone else has and/or can answer.
14:07:36 <luca`gervasi> With each invoice, there is a "Job" field, associated with the customer. I can't really understant what is it for...
14:08:22 <jsled> It's just a related collection of work for a customer.
14:08:41 <luca`gervasi> uhm...i don't understand
14:08:53 <jsled> For instance, you might contract with a customer to to develop some software. Later, you might separately contract to add a feature.
14:08:56 <jsled> Those would probably be different jobs.
14:08:58 <luca`gervasi> i'm italian, do you have an idea of what can be associated with?
14:09:09 <luca`gervasi> uhm
14:09:36 <luca`gervasi> so what do you mean with "same job" ?
14:10:09 <jsled> I never said "same job", so I'm not sure what you're referring to. :)
14:10:45 <luca`gervasi> ok
14:11:20 <luca`gervasi> i mean, what could be intended to be "same job" ?
14:13:31 <jsled> Say I'm a computer repair tech.
14:14:41 <jsled> Customer brings a computer in for repair. They bring it in for an estimate, I take a look, invoice them for it. A week or two later, they bring it in again for repair, I do it, and invoice them for the work. Thsoe are probably the same job.
14:14:58 <jsled> But if they bring in a totally different machine for repair, that's likely a different job.
14:15:27 <jsled> "Customer Jobs are used to group multiple invoices to the same customer. Use of the Customer Jobs feature is optional. The feature is useful when you have multiple "jobs" for the same customer, and would like to view all the invoices related to a single job." — http://www.gnucash.org/docs/v2.0/C/gnucash-guide/bus-ar-jobs1.html
14:15:54 <luca`gervasi> thanks, i should read more before asking, i suppose :D
14:21:48 <mrglinux> jsled: how to remove customer? and how to secure my information? can I put password on gnucash ?
14:22:13 <jsled> mrglinux: http://wiki.gnucash.org/wiki/FAQ#Q:_How_can_I_delete_an_Invoice.2C_Customer.2C_Vendor.2C_or_Employee.3F
14:22:20 <jsled> mrglinux: http://wiki.gnucash.org/wiki/FAQ#Q:_.22Can_you_please_add_a_password_feature.3F.22
14:28:41 *** cort has joined #gnucash
14:29:39 *** ErKa has quit IRC
14:36:52 *** delaman has quit IRC
15:02:10 *** XiXaQ has quit IRC
15:35:15 *** delaman has joined #gnucash
16:02:18 *** slidesinger has quit IRC
16:02:21 *** mrglinux has quit IRC
16:15:27 *** delaman has quit IRC
16:39:38 *** phil has quit IRC
16:54:01 *** Peter_ has quit IRC
16:58:35 *** delaman has joined #gnucash
17:47:30 *** luca`gervasi has quit IRC
19:46:15 *** JimRaehl2 has joined #gnucash
19:58:59 *** goella has joined #gnucash
20:00:05 *** goella has left #gnucash
20:08:06 *** warlord has joined #gnucash
20:08:06 *** gncbot sets mode: +o warlord
20:33:14 *** warlord has quit IRC
20:34:56 *** warlord has joined #gnucash
20:34:56 *** gncbot sets mode: +o warlord
20:48:48 *** warlord is now known as warlord-afk
20:51:42 *** cort has quit IRC
21:03:33 <delaman> warlord warlord-afk there
21:03:34 <delaman> ?
21:04:13 <warlord-afk> it's 2am. no, not here.
21:04:25 <delaman> lol ok
21:18:05 *** valdy has joined #gnucash
21:22:01 *** JimRaehl2 has left #gnucash
21:22:25 *** Jimraehl has joined #gnucash
21:27:03 *** valdy has left #gnucash
22:47:23 *** delaman has quit IRC