how do I record money I paied for someone?

Dawning Sky the.dawning.sky at gmail.com
Sat Jan 26 23:38:41 EST 2008


Account Receivable is what you want.

DS

张韡武 wrote:
> 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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