2011-07-25 GnuCash IRC logs

02:51:04 *** fleischergesell has joined #gnucash
03:26:14 *** ErKa has joined #gnucash
03:31:11 *** uXus has quit IRC
03:47:33 *** uXus has joined #gnucash
04:46:21 *** nomeata has joined #gnucash
04:51:54 *** e-ndy has joined #gnucash
06:08:29 *** e-ndy has quit IRC
06:17:28 *** uXus has quit IRC
06:26:55 *** Joeboy has joined #gnucash
06:27:26 <strk> I borrowed money from the kid, and logged them as liabilities. Now I opened a bank account for her but dunno how to log it anymore. If I go my_bank->her_bank there's no trace of the liability going down to zero
06:27:38 *** uXus has joined #gnucash
06:27:42 <strk> while if I go my_bank->the_liability there's no trace of money bein in her bank
06:27:47 <strk> suggestions ?
06:37:39 <blathijs> strk: I think I've missed some context for your question. How did you mark the borrowing in the first place?
06:47:57 <Joeboy> Hi. Hope it's ok to ask a fairly general accounting question - how do we deal with interest on a long-term loan? Presumably the liability needs to increase each year, but what a/c should that increase come from?
06:48:07 <Joeboy> (sorry that's probably very n00bish)
06:48:55 <blathijs> Joeboy: That should be an expense account called "Interest" or something
06:49:27 <blathijs> (and the liability at the other end of the transaction, as you suggested)
06:51:19 <Joeboy> blathijs: thanks
06:53:14 *** nomeata has quit IRC
06:53:39 <strk> blathijs: it all started with an "Opening Balances" transaction
06:53:48 <strk> (old liability)
06:55:00 <strk> then increased everytime someone gave us a gift for the kid. indeed those gift transactions were kind of bogus (from liability to our wallets)
07:21:57 *** warlord-afk is now known as warlord
07:25:29 <blathijs> strk: Seems like the right way to handle that
07:26:05 <blathijs> strk: If I understand it correctly that you have some money that really belongs to your kid (which you could indeed view as a loan)
07:27:13 <blathijs> strk: I think the problem is you're viewing your kid in two ways: External to your accounting, since you owe her money, and internal to your accounting, by including her bank account in your accounting
07:28:08 <blathijs> strk: The most straightforward way to handle that would be to give your kid her own gnucash file, which separates things
07:28:56 <blathijs> strk: The alternative would be to cancel the liability into some income account ("canceled loans" or something, not sure what would be appropriate
07:28:59 <blathijs> )
07:31:40 * blathijs gotta go
07:32:52 <warlord> Basically, yeah, what blathijs said... Once you opened your kid's account, including it in your own book as if it were YOUR account, then you just invalidated the liability. What you might consider doing is considering her account a liability, not an asset (it's her money, not yours). Then you can just move the liability account.
07:41:00 <strk> warlord: if I take that path I would just close the liability and keep no track at all about the new (her) bank account
07:41:03 <strk> right ?
07:41:16 <strk> and any gift would be an expens in my accounting
07:41:23 <strk> (gifts from me to her's)
07:43:17 <warlord> See, the issue here is that you need a double transaction. When someone gives you a gift for her now it's just L->Bank. But, when you open up her account you need TWO accounts: Bank->Liability & Income:HerGift->HerBank
07:43:25 <warlord> er, two TXNs
07:43:42 <warlord> One represents "your" accounting. The other represents "her" accounting.
08:04:24 <strk> nah, if I do that then It'd result I owe her the gift while she already took it
08:04:39 <strk> (ie: it's in her bank due to second transaction)
08:06:33 <strk> I'll estinshish the liability and open er a new file, as you mentioned
08:06:48 <strk> or even not open her any file, we'll use the bank facilities for her
08:07:02 <strk> don't want to consider that as an asset after all
08:09:38 <warlord> :)
08:11:05 *** nomeata has joined #gnucash
08:30:32 *** Jimraehl2 has joined #gnucash
08:33:33 *** alexandros has joined #gnucash
08:33:42 *** greywolf__ has joined #gnucash
08:35:24 *** fbond has joined #gnucash
10:08:34 *** ErKa has quit IRC
10:14:52 *** ErKa has joined #gnucash
10:26:06 *** brushb has joined #gnucash
10:26:23 <brushb> lazy question
10:26:49 <brushb> I need to print out my check register for 2010, what is the easiest way do pull this off?
10:31:11 <warlord> Open the check register account, View -> Filter By and select the date range. Then Reports -> Account Report. Then Print.
10:42:43 *** treyka has joined #gnucash
11:10:01 *** kpreid has quit IRC
11:18:38 <brushb> Thanks
11:18:47 <brushb> perfect
11:18:58 *** brushb has left #gnucash
11:23:55 *** brushb has joined #gnucash
11:28:31 <warlord> you're welcome
12:00:16 *** warlord has quit IRC
12:34:47 *** dbreiser has joined #gnucash
12:35:30 <dbreiser> is there a limit on how new a version of webkit gnucash works with?
12:35:56 <dbreiser> win32 packaging has 1.2.7, but 1.4.2 is available for gtk+
12:39:53 *** KaiForce has joined #gnucash
12:52:30 *** Hajo has joined #gnucash
12:58:10 *** kpreid has joined #gnucash
13:08:00 <Hajo> Hello. I'm new here and would like to know who is the best to talk to for some gnucash enhancements :-)
13:08:34 * strk has been around here for a while and would bet on warlord (uninformed guess)
13:10:30 <Hajo> thx. will try him
13:17:26 *** markjenkinsparit has joined #gnucash
13:21:17 *** dbreiser has quit IRC
13:36:07 *** nomeata has quit IRC
14:04:47 *** brushb has left #gnucash
14:17:37 *** |gunni| has joined #gnucash
14:27:22 *** nomeata has joined #gnucash
14:56:56 *** rpg has joined #gnucash
15:21:55 *** |gunni| has quit IRC
15:46:02 *** warlord has joined #gnucash
15:46:02 *** gncbot sets mode: +o warlord
16:05:11 *** nomeata has quit IRC
17:00:08 *** soa2ii has quit IRC
17:02:05 *** KaiForce has quit IRC
17:09:09 <blathijs> Hajo: Just posting your ideas here is probably the best approach. Don't try to send private messages to people, that'll only annoy them
17:09:23 *** fbond has quit IRC
17:09:38 <blathijs> Hajo: IRC works for small ideas and quick feedback, you should consider posting to the mailing list for more in-depth discussion
17:09:52 <blathijs> (Also, more developers are on the mailing list than on IRC)
17:09:55 <kimmo> Hajo: the best try is either here, or the -user or -dev mailing list
17:10:26 <warlord> Hajo: are you offering to implement code?
17:10:26 <kimmo> but if you try here, warlord will most likely reply with "Patches always welcome"
17:10:42 <warlord> Or are you just trying to add to the wish-list?
17:11:08 <kimmo> I'm guessing the latter
17:13:16 <warlord> Hajo?
17:15:24 *** strk has quit IRC
17:19:10 *** uXus has quit IRC
17:28:34 <Hajo> thx. I've already put some info to #gnucash irc
17:29:14 <Hajo> sorry, meant http://gnucash.uservoice.com/forums/101223-feature-request
17:30:00 *** uXus has joined #gnucash
17:30:15 <warlord> Okay.. for wish-list that's fine.
17:30:49 <Hajo> Hi warlord. I don't implement code but I have designed some three similar applications and am quite good at database design
17:31:54 <Hajo> cu
17:32:03 *** Hajo has quit IRC
17:45:26 <jsled> a designer who doesn't implement code?
17:57:38 * warlord shrugs
18:08:18 <kimmo> they be called Concepters and Service Managers
18:08:58 *** JasonBoxLaptop has joined #gnucash
18:15:24 <warlord> Anyways, must run again..
18:15:28 *** warlord has quit IRC
18:16:24 *** fleischergesell has quit IRC
18:24:07 *** nomeata has joined #gnucash
18:34:24 *** rpg has quit IRC
18:46:16 *** dbreiser has joined #gnucash
18:49:36 *** dbreiser has quit IRC
18:59:00 *** markjenkinsparit has quit IRC
19:03:57 *** nomeata has quit IRC
19:05:43 *** nomeata has joined #gnucash
19:21:23 *** gdutton has joined #gnucash
19:23:12 <gdutton> Running gnucash for my soccer team. Is there a way I can "invoice" a player and have them get credit for a purchase they made for team equipment (an expense)?
19:46:26 *** ErKa has quit IRC
19:52:59 *** rpg has joined #gnucash
20:01:18 *** alex has joined #gnucash
20:02:30 *** alexandros has quit IRC
20:03:11 *** alexandros has joined #gnucash
20:03:30 *** Jimraehl2 has left #gnucash
20:16:44 *** Jimraehl2 has joined #gnucash
20:27:58 *** gdutton has quit IRC
20:45:59 *** puck has quit IRC
21:10:01 *** puck has joined #gnucash
21:32:27 *** kpreid has quit IRC
21:59:20 *** warlord has joined #gnucash
21:59:21 *** gncbot sets mode: +o warlord
22:22:12 *** warlord is now known as warlord-afk
22:27:07 *** gdutton has joined #gnucash
22:27:37 *** gdutton has quit IRC
22:28:26 *** nchand has joined #gnucash
22:31:17 *** nchand has quit IRC
22:37:10 *** nchand has joined #gnucash
23:33:59 *** alexandros has quit IRC
23:34:23 *** greywolf__ has quit IRC
23:34:58 *** rpg has quit IRC