2010-06-06 GnuCash IRC logs

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11:26:47 <warlord> Oh, looks like 2.3.14 got tagged...
11:31:09 <warlord> Well, it's building now..
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12:20:33 <kimmo_> warlord, deleting custom reports, is that implemented in 2.3.x yet?
12:34:11 <warlord> kimmo_: I dont know.
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13:11:28 <christian> I wonder why in gnucash for windows there is the possibility of creating an account for the 'company while the Linux version no (speaking of verisone 2.2.9)
13:11:28 <christian> Thanks
13:15:49 <christian> I wonder why in gnucash for windows there is the possibility of creating an account for the 'company while the Linux version no (speaking of verisone 2.2.9)
13:15:49 <christian> Thanks
13:29:47 <christian> hi
13:37:24 <warlord> christian: No need to ask your question multiple times. But I don't understand the question. What do you mean "create an account for the 'company"?
13:38:17 <christian> i' m sorry for a multiple question
13:39:05 <christian> when i open gnucash in Windows it list a type of account and in the list i have a company account
13:39:32 <warlord> ??? "company account"?
13:40:22 <christian> just one minute
13:40:54 <christian> acooutn for company
13:41:15 <christian> for businnes
13:41:39 <warlord> screenshot of what you mean?>
13:41:45 <christian> ok
13:47:01 <christian> i' m sorry but how i can put my screenshot in XChat?
13:47:15 <warlord> Upload to someplace like imagebin
13:47:27 <warlord> .. and paste the URL here
13:49:04 <warlord> Also, maybe you can describe what you're doing? What menu options you select to get to the page you're seeing, and what you expect to see?
13:49:22 <warlord> ... also, what version of GnuCash is on your Linux system?
13:50:04 <christian> I have a gnucash 2.3.11 for fedora 13 in my Acer Aspire One
13:50:34 <christian> I open gnucash for the first time and it ask me what kind of account i want to open
13:51:13 <warlord> Right, you can import QIF, or create a new Chart of Accounts..
13:51:31 <warlord> (you get to that page via File -> New -> New File)
13:51:54 <warlord> ... or New Account Hierarchy
13:52:12 <warlord> You're only automatically asked the very first time.
13:52:14 <christian> yes and in a new Chart of Accounts, in the gnucash i have the coice of businnes account and the gnucash for linux i don't have this coice
13:52:47 <christian> for windows i have the coice for businnes Account not for linux version
13:53:51 <christian> i' m sorry for my really bad english
13:54:52 <warlord> What language?
13:55:06 <christian> Italian
13:55:19 <warlord> It's possible that your locale manager uploaded a new set of accounts and didn't include a business set.
13:55:48 <warlord> Was the old set in English?
13:55:56 <warlord> (but now you see them in Italian) ?
13:56:30 <warlord> Hmm, probably not -- the dates appear to be 2007
13:57:18 <warlord> Actually, that COULD be why -- is the app in English on Windows but Italian in Linux?
13:58:56 <christian> I have try the windows version in Italian and Linux version in Italian
13:59:21 <christian> and the difference is the Businnes account in windows version
14:00:32 <warlord> well, you're also comparing 2.2.9 to 2.3.11
14:00:38 <christian> in windows i have download the version 2.2.9 and in linux 2.3.11, but in 2.2.9 verion of linux i have the same "problem"
14:00:43 <christian> yes
14:00:57 <warlord> completely different translations
14:01:17 <christian> i think all linux versions are with this difference
14:01:30 <warlord> No way
14:01:37 <warlord> 2.2.9 is the same on all platforms.
14:01:53 <christian> i try to download the linux verion 2.2.9
14:02:02 <christian> and i try in this way
14:03:11 <warlord> It does not look like the italian accounts set have changed. But it could be that you're not in the right locale on one platform vs. the other.
14:03:46 <warlord> There is no business account tree in the italian set.
14:05:05 <christian> is this normal?
14:05:14 <warlord> So if you see it one place and not the other then either you're seeing the C locale and picking up the standard (english) templates.
14:05:41 <warlord> is what normal? For there to be no italian business templates? It means the italian translator didn't include them
14:06:18 <christian> ok...could you explain me how to include that?
14:06:20 <warlord> You can try asking the current maintainer, Cristian Marchi
14:06:35 <warlord> There is nothing to include. It doesn't exist.
14:06:50 <christian> ok i understand
14:06:52 <warlord> There is no business account hierarchy template for Italy included.
14:07:05 <christian> how i can contact Cristian Marchi
14:07:09 <warlord> Send mail to Cristian
14:07:14 <christian> ok thanks
14:07:33 <warlord> His email is listed in the po/it.po, and he's on the mailing lists.
14:07:47 <warlord> Good Luck
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14:11:26 <christian> thank you very much
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14:19:43 <dirtbuilder> I am looking for tutorials for configuring my student loans in gnucash. any suggestions?
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14:47:56 <dirtbuilder> any conversation going on here?
14:48:18 <dirtbuilder> I realize it is sunday afternoon
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14:53:44 <warlord> dirtbuilder: have you looked in the docs?
14:53:52 <warlord> The base loan is a simple liability
14:54:05 <warlord> the payback could be a scheduled transaction.
14:54:25 <dirtbuilder> Ive read the docs, but am still a little unsure
14:54:30 <warlord> (but no, there's not a lot of conversation going on today)
14:54:46 <warlord> FYI, I've got about 2 minutes before I have to leave again
14:55:00 <dirtbuilder> cool thx for answering
14:55:19 <dirtbuilder> am new to personal accounting in general
14:55:32 <dirtbuilder> have read the docs
14:55:34 <warlord> Go read the Concepts & Tutorial Guide
14:55:47 <dirtbuilder> have read all of that
14:55:54 <warlord> then read it again! ;)
14:55:55 <dirtbuilder> some parts a little murkey
14:55:59 <dirtbuilder> thnx
14:56:03 <warlord> (sorry, gotta run)
14:56:08 <warlord> as I said: liability. And SX
14:56:09 <dirtbuilder> later
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15:06:45 <dirtbuilder> not sure that chat is my best option as I am so new to it. will try again later. thanks for all replies.
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15:22:34 <dirtbuilder> ok, trying one more time.
15:23:01 <dirtbuilder> my question is regarding the expensing of student loan payments
15:23:32 <dirtbuilder> the default hierarchies only show an expense account for ED loan interest
15:23:58 <dirtbuilder> should I create an account to expense my monthly payment?
15:24:28 <dirtbuilder> how do I connect this to the expense account for ED loan interest?
15:25:35 <dirtbuilder> should I just simplify into one account for the whole payment?
15:26:22 <dirtbuilder> my loan is actually four connected stafford loans
15:26:55 <dirtbuilder> should I create a separate account for each even though my monthly bill payment is consolidated>
15:29:26 <dirtbuilder> I realize some of these are personal preference questions, but at a loss because I cannot find info on how others are expensing their student loans
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16:34:56 <jsled> dirtbuilder: in what order if any are the 4 connected loans payed down?
16:35:02 <jsled> loans are generally handled as follows:
16:35:13 <jsled> a liability account represents the loan itself.
16:35:32 <jsled> the initial liability:loan->asset account increases both your bank account and the loan.
16:35:51 <jsled> payments are made in, usually, multiple splits for each payment transaction:
16:36:29 <jsled> the payment you write is a split against your asset account.
16:36:47 <jsled> the principal paydown is a split against the loan itself (reducing the principal loan amount)
16:36:55 <jsled> the interest split is against expenses:interest
16:41:04 <dirtbuilder> thank you, that makes perfect sense, Im just a little slow on the uptake (and very new to accounting)
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16:44:49 <dirtbuilder> not sure of the order of pay down. will have to check. I have just been sending one check for the amount requested and knew I was paying it down. this accounting has got me thinking about finances in a whole new light.
16:45:46 <dirtbuilder> for instance I just learned that the interest is different on one of the loans. not sure if it is a typo, but it is in my favor. kind of afraid to ask about it.
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17:14:37 <dirtbuilder> would the order of pay down be the same as, highest to lowest dollar amount going toward each individual loan?
17:15:41 <dirtbuilder> not sure how this is/was determined, but seems to be what you were asking about
17:16:17 <jsled> it really depends on the particulars of the loan.
17:17:36 <jsled> I could imagine "lifo", "all equally", and both "lowest-" and "highest-interest-rate-first"
17:20:48 <dirtbuilder> it looks like they are paying down the largest dollar amount loan first
17:21:08 <dirtbuilder> maybe I can change this, but as I said I am just getting involved.
17:21:14 <dirtbuilder> not that I would need to
17:22:41 <dirtbuilder> so calculating the monthly interest expense is really the tricky part because it depends from month to month and when I pay that month, correct?
17:22:56 <jsled> indeed.
17:23:09 <jsled> I'd just enter in whatever's on the statement, payment-to-payment,.
17:23:21 <jsled> ie., not try to predict, compute or schedule it.
17:23:29 <dirtbuilder> the financial calculator doesnt offer the 365.25 days that salie mae uses
17:23:48 <jsled> you might want to setup a non-templated scheduled transaction, just to prompt you for the data entry.
17:24:02 <dirtbuilder> will have to read about that
17:24:07 <dirtbuilder> thanks for your help
17:24:17 <jsled> you're welcome
17:28:35 <dirtbuilder> so I think I got a "non templated" scheduled transaction for each month with a reminder.
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17:29:13 <dirtbuilder> do reminders pop up when I open gnucash?
17:34:47 <jsled> yes
17:35:05 <jsled> … so long as the "run on startup" option is on, which I'm 99% sure it is by default
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17:38:00 <dirtbuilder> do you mean "run gnucash on computer boot up", or "run reminders on gnucash startup"?
17:39:41 <jsled> Edit > Preferences > Scheduled Transactions > Run when data file opened
17:39:51 <dirtbuilder> I think I found it.
17:40:13 <warlord> it runs when gnucash is started.
17:40:14 <dirtbuilder> I mean I DID find it. hahaha
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17:46:41 <warlord> w00t. 2.3.14 build completed.
17:46:50 <warlord> Only took 6 hours, give or take.
17:46:58 <jsled> wtf?
17:47:37 <dirtbuilder> ok, so I will be entering the transaction, lets say through assets checking, as a split transaction with appropriate interest toward expenses interest and the remainder toward the principle under liabilities ED loan.
17:48:08 <dirtbuilder> but I will be doing this all one month behind as I wait for each statement to tell me what interest and principle was paid
17:49:02 <dirtbuilder> sound correct?
17:49:07 <jsled> yup
17:49:15 <warlord> jsled: was that wtf to me?
17:49:41 <jsled> warlord: yeah, roughly. more "how the heck could a build take 6 hours"?
17:50:00 <warlord> jsled: it's a full build, including building all the dependencies.
17:50:27 <warlord> (i.e., gnome)
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17:50:42 <jsled> for windows, I imagine?
17:50:46 <warlord> .. dbi.. aqb.. webkit..
17:50:46 <warlord> yeah
17:51:22 <dirtbuilder> thanks again jsled. I cant believe I am actually getting this. highschool drop out becomes linux convert, becomes double ledger accounting genius! FTW!!!
17:51:31 <dirtbuilder> ha ha ha!!!
17:51:38 <jsled> hehe.
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18:07:52 <dirtbuilder> am realizing that this proposed method could leave my Assets/checking with a lag on my actual checking account. is it possible to enter the payment at the time I submit it as a single line, asset/checking to liability/ED loan, returning later to edit for the splits?
18:09:51 <dirtbuilder> scheduling a reminder to do so of course
18:12:52 <jsled> the splits share the same time as the transaction
18:13:10 <dirtbuilder> ?
18:14:49 <jsled> ah, I guess I misread. you mean, enter the transaction as of some speculative date when you make the payment, then update it when the transaction actually clears?
18:15:03 <dirtbuilder> yes
18:15:31 <jsled> might just use the reconciliation, but yes, you could update the date later
18:15:56 <dirtbuilder> you mean edit the splits at the time of reconciliation?
18:17:13 <dirtbuilder> or does the reconciliation process direct me to make such changes
18:17:21 <jsled> no, just use reconciliation to account that the overall set of transactions matches what the bank saw, irrespective of date.
18:17:46 <jsled> if you really care to update the transactions so they have the bank's date, that's fine too.
18:20:05 <dirtbuilder> Im just still in a mindset where Ive been using online banking to do my accounting, and I might better change to a paradigm where MY ledgers Vs the bank ledgers is the new reality
18:20:40 <dirtbuilder> it scares me a little to not be in toe step synch with the transactions in real time
18:20:49 <dirtbuilder> but I get it
18:21:09 <dirtbuilder> reconciliation is key
18:23:13 <dirtbuilder> " enter the transaction as of some speculative date when you make the payment, then update it when the transaction actually clears?"
18:23:19 <dirtbuilder> sorry
18:23:44 <dirtbuilder> you said, " enter the transaction as of some speculative date when you make the payment, then update it when the transaction actually clears?"
18:24:10 <dirtbuilder> what I meant was update it a month later when I have the interest principle split data
18:25:44 <dirtbuilder> enter it when payment is made so that banks book and my book are on same page, then update fro the splits when I have that data. (to save time on calculation
18:27:06 <dirtbuilder> Im pretty sure Im understanding it, just want to make sure it is possible
18:34:23 <dirtbuilder> even if I goof it up the first time it will not be a problem to work it out. my finances are not very complex.
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23:24:03 <Waltz> hey, is gnucash fun to use? =D
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