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I'd like to keep the record of, for example, water and electricity consummation. Is it possible to properly implement a pseudo-account in GnuCash to store the meters' readings? Even more, having the current electricity cost and the delta between readings, calculate the amount of money to pay?

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It's not native functionality, but you could probably do it.

You could create a fake security/currency for the meter type (kWh, whatever gas/water get measured in ).

Updating would be a pain, though. You'd have to go read it and enter the data manually -- unless it was a smart meter, and then you could probably build some sort of script for it.

In terms of figuring how much to pay -- maybe have an account in liabilities for stuff you haven't paid for yet, and another in assets for what you have paid for?

This seems like it could be a lot more complicated than it's worth.

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Hi Mike, welcome to Money.StackExchange! Take a look around the site and check out our FAQ. –  C. Ross Nov 5 '12 at 1:09
    
How can I create a fake currency in terms of consumer units? There's only fixed list of currencies available during the account creation. –  mbaitoff Nov 17 '12 at 8:14
    
When you're creating the account, use Account Type: Stock, and then you can create your own security. It's a hack, but might get you what you want. –  Mike Larsen Nov 17 '12 at 16:22

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