A place for new bills...

[r3al1tych3ck]

One last thought...  What if you are receiving things electronically?
Maybe you automatically pay, maybe you don't.  Where does the incoming
go?  (Thinking ahead here a little).
 
On Thu, 2006-10-05 at 23:49 -0400, Josh Sled wrote:
> On Thu, 2006-10-05 at 23:27 -0400, r3al1tych3ck wrote:
> > Well, I was thinking that incoming bills would be similar to credit card
> > transactions; "You've bought it but haven't paid for it yet".  With
> [deletia]
> > I am still exploring here.  Thank you for the input.  I hope the
> > discussion keeps going (with maybe some more accountant type of advice?)
> 
> Unless you're consistenly behind, and juggling bills vs. late fees vs.
> collections agencies, it's far simpler to forgo the liability account
> for common bills, and just have an (assets,expense) transaction, as
> described in the Tutorial and Concepts Guide.
>