Did the same thing for the first time setting up utilities they required a deposit so adding a subaccount under an escrow subgroup in assets. It will come in handy too for mortgage escrow payments. <br><br><div><span class="gmail_quote">
On 3/3/06, <b class="gmail_sendername">Dale Alspach</b> <<a href="mailto:alspach@math.okstate.edu">alspach@math.okstate.edu</a>> wrote:</span><blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">
You can create a "prepaid expense" asset account. Debit that and<br>credit an equity account. Then you can use up the prepaid expense as<br>subsequent bills arrive (credit prepaid expense and debit utilities).<br>
<br>Dale Alspach<br>_______________________________________________<br>gnucash-user mailing list<br><a href="mailto:gnucash-user@gnucash.org">gnucash-user@gnucash.org</a><br><a href="https://lists.gnucash.org/mailman/listinfo/gnucash-user">
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