Need help with multi account split
volker at mail.nih.gov
Mon May 10 01:33:22 EDT 2004
I just started using GC last month and I'm trying to set up a multi
account split. I know I've seen an answer to this within the last 6
months but I've searched the archives and couldn't find it anymore.
My question is this:
I'm paying the full cable bill from my checking account but I'm actually
splitting the bill with my mother-in-law and I don't know how to track
her portion of the bill in GC.
Currently I have the entry in my Checking register like this:
Cable - Comcast Asset:Current Asset:Checking 100
Cable, my part Expense:Cable 60
Cable, MIL part Income:Cable 40
This creates a negative income entry in the Income account which I don't
know if this will create problems later on.
Would this be OK as a setup?
Thanks for the help and to Derek and all of the other GC developers
thanks for a great tool. I've used MS Money for the last 4 years and I
was fairly happy with it but it was just getting too slow for me to
continue with it. Entering a transaction could take up to 60 sec for the
cursor to come back. For someone paying the bills at night after the
kids are in bed that's too much time waiting and not to fall asleep. :-)
mailto:Volker at Englisch.us (h)
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