helix7

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  1. 6 votes
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    3 comments  ·  Feature Request  ·  Flag idea as inappropriate…  ·  Admin →
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    helix7 commented  · 

    The existing budget tool cannot do zero-sum budgeting at all -- there is no way to ensure that you are not budgeting more than you make and/or have (other than constantly manually summing the values).

    Currently, I am using the work-around suggested by Bob Brush. Basically, I have to consider only two categories of accounts: those which consider debits positive, and those which consider credits positive. Asset, Bank, Cash, A/R, etc. are debit; Liability, Credit Card, and A/P are credit. Fortunately, all of those accounts can be mixed as subaccounts. Income, Expense, and Equity (and others) are very restrictive on their subaccount types, though.

    So, I record my "assets" in a debit account and it turns out that almost everything else uses a credit account type. For example, I am using the Liability type for both "income" and "expense" subaccounts. This orients the totals correctly (black/red) but makes the labels confusing, so I have had to switch to using the formal accounting labels. As far as I can tell, all of the debit types are equivalent and all of the credit types are equivalent other than their labels in the register. Using formal labels makes them exactly equivalent. So, now, I am only using the Asset and Liability account types.

    I tried using Income and Expense accounts since they can be mixed, but they are both credit types, so "assets" all end up with red balances. I don't understand why the account types can't be mixed. Maybe some reports care about the account type? If so, this workaround cripples reporting.

    helix7 shared this idea  · 
  2. 8 votes
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    1 comment  ·  Feature Request  ·  Flag idea as inappropriate…  ·  Admin →
  3. 3 votes
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  4. 234 votes
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    20 comments  ·  Feature Request  ·  Flag idea as inappropriate…  ·  Admin →
    helix7 supported this idea  · 
  5. 249 votes
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    helix7 supported this idea  · 
  6. 21 votes
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  7. 80 votes
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    13 comments  ·  Feature Request  ·  Flag idea as inappropriate…  ·  Admin →
    helix7 supported this idea  · 
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    helix7 commented  · 

    GnuCash was close to having something like this.
    https://bugzilla.gnome.org/show_bug.cgi?id=310567

    From the comments, the patch was all but complete.

  8. 261 votes
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    21 comments  ·  Feature Request  ·  Flag idea as inappropriate…  ·  Admin →
    helix7 supported this idea  · 

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