Tracking business expenses from personal account

Boyd Kelly (Coast Systems) bkelly at coastone.ca
Tue Feb 15 00:23:35 EST 2005


What is the best thing to do in your 'personal' file when you use
personal funds to buy something for the company?  

Thx

bk 

-----Original Message-----
From: gnucash-user-bounces at gnucash.org
[mailto:gnucash-user-bounces at gnucash.org] On Behalf Of Derek Atkins
Sent: February 14, 2005 6:21 PM
To: E Dodd
Cc: gnucash-user at gnucash.org
Subject: Re: Tracking business expenses from personal account

E Dodd <edodd at billiau.net> writes:

> On Tuesday 15 February 2005 10:05, Derek Atkins wrote:
>
>> This is what the "Employee Expense Voucher" is for.  When you use 
>> your own personal funds to buy something for the company you can fill

>> out the voucher and it gets applied to A/Payable (A Liability
account).
>> This way you can keep track of how much you owe yourself using the 
>> aging reports.
>>
>> -derek
> It's all so simple when you know what you are doing. I think I'll 
> start that next financial year.

Hehe...  We need to get this down into the docs so the lore isn't lost.
:-)

> Liz

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available
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