how do I record money I paied for someone?

张韡武 zhangweiwu at realss.com
Sat Jan 26 21:09:18 EST 2008


Dear all

I run small personal business. When I work for my customers I often have
to pay for my hotel, travel and so like, with my own credit card, and
from the hotels and travel agencies get the special receipts issued by
tax office(called Faiao here), which later I give to my customer who
pays me back. Sometimes my customer pays me back after several months,
thus it's worth tracking with Gnu Cash.

In this case, I think I am paying for someone else (my customer) and I
get money back later. How do I record such transactions?

I know it's probably on goole, but I don't know how to discrbe such
things in good English and thus not having right keyword.

I think I might have some sort of account, if I pay for the hotel
things, I transfer from my credit card to that account. If customer pays
me back, I transfer some money from a special income account to that
account. I can always just look at this account to see if it's 0.00 or
how much should I get back from my customer. What's the proper name for
this account and where it should be (in "expense"? in "asset"?)

Thanks and best regards



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