Purchase with Cash Withdrawal

[Maf. King]

On Sun 18 August 13 10:43:59 Tom Balazs wrote:
> If I go to a store and using my credit card
> 1. Buy candy = $1 (gone)
> 2. Get cash back = $100 (moved from Liability to Cash in Wallet)
> 3. Service charge = $0.50 (gone)
> -------------------------------------
> Total = $101.50
> 
> How do I enter that using split transactions.
> I began by going to Liability: Credit Card
> and
> spent $1 on candy
> the "Transfer to Cash in Wallet" got confused
> I guess the 0.50 is a bank fee / service fee but how do I do that?
> 
> Tom

Hi Tom.

I'd imagine the transaction would something like this :
Liability:Credit Card                         101.50
Expenses:Candy           1.00
Assets:Wallet            100.00
Expense:BankCharge   0.50

Obviously, adjust names to suit your own account tree!

HTH,
Maf.