more gnucash scripts and reports?
Seth Gordon
sethg@ropine.com
22 Aug 2001 21:09:30 -0000
Set up an account for each of ur friends with their
name. All these accounts could be under a top level
account maybe called "To/From friends" or whatever u
like. The type of all these accounts will be "Bank".
(Disclaimer: I am not an accountant.)
Technically, when you loan money to someone, the loan is an asset
(which you "sell" when the creditor pays you back), and when
youborrow, the loan is a liability.
So you could create an asset account "Loans to George" and then
a liability account "Money borrowed from George", and transfer
money to and from these accounts as you loan out, borrow, and get
repaid.
--
"Rav would never cross a bridge when an idolator was on it; he said, 'Maybe he
will be judged and I will be taken with him.' Shmuel would only cross a
bridge when an idolator was on it; he said, 'Satan cannot rule two nations [at
once].' Rabbi Yannai would examine [the bridge] and cross." --Shabbat 32a
== Seth Gordon == sethg@ropine.com == http://ropine.com/ == std. disclaimer ==