Credit card/overdraft credit limit & available funds?

[David Gillam]

It seems to me that you're attempting to use a credit card as an asset account, when it's really a liability account.  Just because you have X amount of available credit doesn't mean you can call that X amount of additional assets.

On the other hand, tracking how much credit remains available is a GoodThing.  Unfortunately, I don't believe GnuCash has a "tracking" account type that can act in the way you want it--doesn't count as as an expense, liability, or asset, and doesn't affect the balancing of register entries.

Doing the math manually, and writing the current available credit in the notes field seems like the only way to do this within GnuCash right now.  Otherwise, keeping a simple spreadsheet to track these things is the way to go.  A developer might be able to fairly easily add a "credit limit" item to liability accounts, that gets separately modified on each transaction for that account.

David
Gillam Data Services, Inc. - Computer Training, Consulting, & Service
dave at davegillam.com | www.davegillam.com



On Aug 26, 2012, at 12:58 AM, prl <prl at ozemail.com.au> wrote:

> Thanks, David.
> 
> On 26/08/12 15:43, David T. wrote:
>> Unfortunately, that is not a feature of Gnucash. Your solution of monitoring the balances by putting the limits into the Notes field is how I'd do that. Perhaps your mentioning it here will spur some programmer-minded person to take the suggestion and implement it.
>> 
>> Cheers,
>> David
>> 
>> 
>> ------------------------------------------------------------------------
>> *From:* prl <prl at ozemail.com.au>
>> *To:* "gnucash-user at gnucash.org" <gnucash-user at gnucash.org>
>> *Sent:* Saturday, August 25, 2012 8:51 PM
>> *Subject:* Credit card/overdraft credit limit & available funds?
>> 
>> Is there some way of entering the credit limit for a credit card or overdraft so that GnuCash can display the funds available to draw on the account?
>> ...
>> Have I missed something really obvious here?
>> _______________________________________________
>> gnucash-user mailing list
>> gnucash-user at gnucash.org <mailto: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.
>> 
>> 
> 
> _______________________________________________
> 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.
>