Question about how to post something - simple I think?

[president ccj]

I think you can choose either expense acount or asset account.

On Sun, Apr 15, 2012 at 9:18 AM, SybreedFan <alison.stoughton at gmail.com>wrote:

> I recently opened a business account at a bank. The opening deposit fee
> required is $25.00.
>
> I would like to post this to my expense account "bank fees", but also show
> the $25.00 going into my asset account "savings". The $25.00 technically
> came from cash in hand. Most importantly I want to be able to show this as
> an expense, and keep my account balances accurate.
>
> I am probably overthinking it with everything I've tried. Help?
>
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