self-loan

Vahur Lokk vahur.lokk at gmail.com
Fri Nov 2 02:09:44 EDT 2007


Brent Halvorsen wrote:
> I am new to gnucash and don't know very well how it works. I have a loan to
> myself. My old car died, and my car fund wasn't sufficient to buy my new
> car, so I borrowed from my school fund. I intend to finish paying this back
> over the next 6 months. How would I track this self-loan with gnucash? 
>
> Thanks for the help,
> Brent
>   
Hi!
This is not a loan.
Depends on how much of a nitpicker you are you do:
Assets:Schoolfund>Assets:Car Fund and then Assets:Car Fund>Assets:Car
or simply
Assets:Schoolfund>Assets:Car
Then put a yellow Post-It on your computer screen, saying:
"Put the schoolfund money back asap, or either...!"
More seriously, cause you most probably do not pay interest to yourself, 
its easiest to make monthly flat-amount scheduled transactions for 
returning the money.

Wahur


More information about the gnucash-user mailing list