Guidance for situation that I've got

[Peter Boosten]

On 17 dec 2010, at 00:25, FireFly wrote:

> On occasion, my wallet is empty, and i keep some of the cash, so I have
> 
> Assets:Account1 -$200
> Assets:Account2 +$100
> Expenses:Miscellaneous +$100



I think you're making a mistake here, since your wallet is to be treated as an asset as well (you didn't spend it yet, and as such it's no expense).

In my case it would look like:

Assets:Account1 -$200
Assets:Account2 +$100
Assets:Wallet +$100

Then if I went to a store and paid cash, then it would look like:

Asset:Wallet -$40
Expenses:Grocery: +$40

But of course you would have to keep track of anything that goes out (or into) your wallet.

-- 
Peter Boosten
http://www.boosten.org