Recording bills w/budget payments

[Phil Longstaff]

That will work.  I usually don't bother with the intermediate liability account and just Dr Expense:Ut:Elec Cr Asset:Bank.


________________________________
From: Jim & Grace Flowers <dondiegoflores at verizon.net>
To: gnucash-user at gnucash.org
Cc: gnucash-user at gnucash.org
Sent: Saturday, August 27, 2011 8:38:32 AM
Subject: Recording bills w/budget payments

Is the correct way to record an expense that has a monthly budget payment:
Dr. Expense:Utility:Electricity, Cr. Liability.  Then when it comes due, Dr.
Liability, Cr Asset:bank account?



Jim

Dondiegoflores at verizon.net

_______________________________________________
gnucash-user mailing list
gnucash-user at gnucash.org
https://lists.gnucash.org/mailman/listinfo/gnucash-user
-----
Please remember to CC this list on all your replies.
You can do this by using Reply-To-List or Reply-All.