[SOLVED] Re: creditcard reconciliation impossible

[A.J. Bonnema]

A.J. Bonnema wrote:
> So I went to create the "accounts/payable". But where to create it?
> Is it an asset or liability? I think not. Neither is it an income or 
> expense account. That leaves me with an equity account: would that be 
> correct?
> 
> Guus.

(slightly embarressed) [I should have] checked the docs first. This one 
*is* mentioned, albeit as a business account.....

Anyway, it's a liability too.

Problem solved I guess. What I do now is enter all payments from the 
creditcard as a charge, then enter the statement from the creditcard 
company as a payment to the accounts-payable account.

Then, when the bank statement arrives a week later, I enter the payment 
to the creditcard from the bank to the accounts-payable account.

Everything reconciles, everyone happy, GNUCash, me, and who knows who else!

Thanks for the hints, Wouter!

Guus.
-- 
A.J. Bonnema, Leiden The Netherlands,
user #328198 (Linux Counter http://counter.li.org)