Transactions with split dates

[Ian K]

The issue would arise when funds leave one account on a certain day, but do
not arrive at the destination account until a later date. E.g. the UK BACS
process can take 3 days during which the funds have left the source account
and do not arrive into the destination account.
In GnuCash one solution would be to create a dummy 'Transit' account then
wash the transactions through that.
For example, transferring £1000 from Bank A to Bank B through a Transit
account could look like this:

05-May, Bank A -£1000, Transit +£1000
07-May, Bank B +£1000, Transit -£1000

That way the funds can be shown to be 'in transit' between two accounts.
It's not ideal - there are extra transactions to create, and it might become
confusing to match the sides of the transactions if there are many different
accounts using the transit account. This could be solved by creating more
transit accounts of course...


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