Newbie Problem

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Walt Pennington <w_pennington at yahoo.com> writes:

> If you have a new expense such as the telephone ($20) or Gas ($35), you
> generally will not account for these until they are paid.  If you paid
> the expense with check 101 from your BankofAmerica account, you would
> open the Bank_Accounts:Bank_of_America:
>
> 1/28/03  101   Telephone				$20

  If this bill is to be automatically debited at the due date, or you do
  not intend to pay it until the due date (let's say it's February
  20th), you can also postdate the entry like this:

    2/20/03  101   Telephone				$20

  This suffices for home finances.

--
Bill Wohler <wohler at newt.com>  http://www.newt.com/wohler/  GnuPG ID:610BD9AD
Maintainer of comp.mail.mh FAQ and MH-E. Vote Libertarian!
If you're passed on the right, you're in the wrong lane.

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