Handling Purchase Advances

Sanjay Chakravarty sanjaychak02 at gmail.com
Thu Jun 20 06:16:21 EDT 2013

Dear All,


Here is a scenario I want to record in gnucash but I don't know how. 

1. My friend gives me $100 to buy an item. He deposits the amount in my
2. I already have $100 in my wallet, so buy the item for $89 from my wallet.
So balance $11 is to be paid back to my friend. 
3. When we meet, I return $11 in cash to him from my wallet. 

Usually I use Assets::Reimbursements when purchases are made in advance for
someone (like official), and I get reimbursed exact amount. Here, an advance
is being made, and that too into the bank. How do I setup the above 3
transactions in gnucash?




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