Best way to share bills?

[Daniel Trezub]

Thanks!

=====
Daniel Trezub
http://www.gameblogs.com.br


On 20 December 2010 02:12, Yawar Amin <yawar.amin at gmail.com> wrote:

> Hi,
>
> On 2010-12-19, at 20:43, Daniel Trezub wrote:
>
> > […]
> >
> > When I pay the rent, I register the following transaction with splits:
> > From Assets:Bank $500,00
> >  Split Expenses:Rent $250,00 --> This way I can know how much I've spent
> in
> > Rent this month (50% of the rent value)
> >  Split Liabilities:BeautyfulWife $250 --> This way I can know how much
> she
> > owes me for Rent (50% of the rent value)
> >
> > No problem until now. The problem comes when she pays the cable bill
> ($400)
> > I register the following transaction:
> > From Liabilities:BeautyfulWife $200 --> It's like if she is paying me
> $200,
> > right?
> > To Expenses:Cable $200 --> It's like I have spent $200 in cable
>
> The above sounds like you’re splitting the rent and cable bills equally.
> The transactions should look like:
>
> Pay Rent
> ========
> Expenses:Rent                  Dr $250
> Assets:AccountsReceivable:Wife Dr  250
> Assets:Bank                    Cr  500
>
> Pay Cable
> =========
> Expenses:Cable                 Dr $200
> Assets:AccountsReceivable:Wife Cr  200
>
> So after these two transactions, your wife owes you $50, which you can
> check by looking at the balance of the Assets:AccountsReceivable:Wife
> account.
>
> > The cable bill is $400, but I have no idea where to put the other $200.
>
> The other $200 is in your wife’s records, because it’s paid by her.
>
> HTH,
>
> Yawar
>
>