gnucash-user Digest, Vol 69, Issue 21

[Fabian Hernandez]

Wow, I don't know what to say. Negative Liability may just work.
I have to verify how to work it out.  The flow is tricky, there is the real flow, moving the money out of the only savings account to cover the expense, but also create the negative liability, and then for payments, money actually never enters the savings, as it will only be a transfer between subaccount and the negative liability must be move towards positive ground at the same time.  

Thanks


--- On Thu, 12/18/08, gnucash-user-request at gnucash.org <gnucash-user-request at gnucash.org> wrote:

Date: Thu, 18 Dec 2008 06:12:32 -0800
From: Andrew Sackville-West <andrew at swclan.homelinux.org>
Subject: Re: Self loan
To: gnucash-user at gnucash.org
Message-ID: <20081218141232.GD920 at localhost.localdomain>
Content-Type: text/plain; charset="us-ascii"

On Thu, Dec 18, 2008 at 07:22:34AM -0500, Mike or Penny Novack wrote:
> Fabian Hernandez wrote:
> 
> >Merry Christmas!
> >
> >I wanted to create a saving habit for expenses in the future rather
than financing them.  
> >To do that I created sub-accounts under my savings account, one for
each expected future expense.
> >
> >Recently one of those expenses presented before expected, I decided to
lend my self some money. In reality the money does not move when I take self
load, as they are all in the same bank account, but I would like to find a way
to record (as best or as orthodoxically as possible).  I would like to charge
interests to myself and be able to record payments.  I though about opening a
liability account with the interest calculated beforehand (added to the loan
amount), but registering payments does not work as money never really leaves my
savings account when I pay my self-loan.
> >  
> >
> You are creating "reserve accounts" as sub accounts of your
savings. 
> Nothing says that the balance of these necessarily has to be positive. 
> That answers your "loan" part of the question. I have no idea
how 
> GnuCash will SHOW the negative asset account in your balance sheet 
> (whether as a negative asset or a positive liability).

a negative liability.