Re: [GNC] Account tree

On 2026-07-27 16:45, Adrien Monteleone wrote:
> The OPs specific case is wanting to see if for each club meeting, their
> expenses are staying within their dues collected for it. There are of
> course other ways to determine this than a P&L/Income Statement.

Like a contra account, which you've already suggested, though I don't
think the OP) responded to your suggestion.

Seems to me giving each meeting three accounts, all of type Income,
would let them do everything they want, right in GC:

1. Placeholder account, 2026-03-Net Income
2. First child account, 2026-03-Revenues
3. Second child account, 2026-03-Expenses

As you noted, the second child account would normally have a negative
balance, so that the placeholder would show the correct net income.

Stan Brown
Tehachapi, CA, USA
https://BrownMath.com
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