[Kmymoney-devel] [Bug 310731] KMyMoney does not allow use of Equity accounts (with "Show Equity Accounts" option checked)

[David Naylor]

Hi,

To follow up on this bug, let me explain what I am trying to achieve:

In recognition that some expenses are periodic, unpredictable, but budgetable 
I specify a single month budget value in December, and when I incur those 
expenses more a matching amount from the budget in December to the month where 
the actual expense occurred.  For example:

Initially I have
	Budget: 
		ZAR2000 December

Then, I have some expenses:
	Expenses:
		ZAR500 March

I then change my budget to:
	Budget:
		ZAR500 March
		ZAR1500 December

To have the above automated would be great.  

However, the bug report I filed was relating to this, except I recognise that 
some expenses are too important to have a "soft" allocation, that they need a 
"hard" allocation.  I do this by creating a liability - a reserve account - to 
recognise that some the assets I have are actually for unpaid (un-incurred) 
expenses.  This is similar in concept to an insurance reserve.  Every month I 
have an expense coming off the liability (increasing it) and when actual 
expenses occur I have an offsetting entry decreasing the reserve.  

This way, my income and expense statement and my budget remains stable despite 
some erratic expenses.  

The one technically wrong aspect about how I have KMyMoney handling the above 
is that the reserve liability accounts are in fact equity and not liabilities.  
To be most correct I should move these accounts to under equity.  

I do recognise the above is more of a corporate approach to personal finance 
than what most people will handle their accounts so I ask here for some 
comments, and if the above is deemed beyond the scope of KMyMoney I'll close 
my bug :-).  

(Also, it would be great if the above could be automated.  Does KMyMoney have 
a plug-in interface that could handle the above?)  

Regards,

David
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