Feeding the Cash in Wallet Account from the ATM Account
David Brock
dmbrock at nm.cbc.ca
Tue Oct 19 14:07:44 EDT 2004
(forgot to CC: the list)
Bruce:
I think you just want a transfer from one asset account to another:
Checking account 100.00
Cash in Wallet 100.00
(and forget the "ATM Withdrawals" account altogether)
;-David
On Tue, 2004-10-19 at 13:30, BruceG wrote:
> Hey all,
>
> I have been recording my ATM Withdrawals as a transfer from my Checking
> Account to an expense account called ATM Withdrawals. I want to start using
> the Cash in Wallet account.
>
> Would I do the following:
> Transfer from Checking account (asset) to ATM Withdrawals (expense)
> Transfer from ATM Withdrawals (expense) to Cash in Wallet (asset)
>
> I then no longer track the expense as an ATM Withdrawal, but track it under
> Cash in Wallet, correct?
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