Can I do a split with different dates?

[Phillip J Shelton]

No you can not have splits with different dates.

and your 'silly account' is what business call an "accounts receivable" account.  It has a very important use.

If you write a check or are billed and have a time frame in which to repay you should also have  an "accounts payable" account to show that you promised money on the 14, say, and the actual transaction happened on the 17.

Tim Nowaczyk wrote:

>   Here's an example.  I buy a chair for a friend, and three days later he pays me back.  What I've been doing is ...
>   1/12/01  Credit    -$100
>            Expense   +$100
>   1/15/01  Cash      +$100
>            Expense   -$100
>
>   Then I have this silly account laying around (called Expense in this example) that simply serves as a kind of piggy bank for stuff that will be paid back to me.  Is there a way to make a split that will have different dates, so I can simply do...
>   1/12/01 Credit -$100
>   1/15/01 Cash   +$100
>
>   and have the money kinda' in limbo for three days?...   Hmm, I guess it's not good to have "ghost" money.  How do you guys deal with this issue?
>
>   Thanks,
>   Tim Nowaczyk
>
>   <>< Truth
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