Advice please - How do I?

[Ian X Waddington]

Michael

Hi, I understand your point but I think there are two reasons for doing it the way I proposed.

1, to ensure I have access to as much data about the item as possible for future use.  If the item goes faulty I would be able to find it under Computer Game and know where I purchased it and how much my child paid me for it.
2, I do not always charge my child the full amount, I am often persuaded to pay half of something, so I am think my approach would allow this to be done quite easily and keep records accordingly.

Thank you for your comments

Ian

-----Original Message-----
From: Mike or Penny Novack [mailto:stepbystepfarm at mtdata.com] 
Sent: 21 November 2010 21:04
To: Ian X Waddington
Cc: lab at lincolnbaxter.com; gnucash-user at gnucash.org
Subject: Re: Advice please - How do I?

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>The only thing this does not do is record the fact that I paid money anywhere for a computer game, but I'm thinking that to do this I would simply add an extra step.
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>Does this make sense?
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Not to me. Why should you be recording anywhere that YOU had an expense for a computer game? I thought the net effect of this pair of transactions is that your child borrowed money from you to buy a computer game (your charge card was used instead of cash) and then later the child paid you back. It's the CHILD'S expense for a computer game (if your child keeps books). A far as your books are concerned it shouldn't matter WHAT sort of expense this was for the child. Of course if you are keeping books for the child .......)

Michael