Can you get invoices to use other than an Income Account?

A.J. Bonnema gbonnema at xs4all.nl
Wed Oct 2 09:08:09 EDT 2013


On 02/10/13 05:28, Jon Dallara wrote:
> Hello,
>
>   I work for a company as an independent contractor.  As such, the 
> company purchases the materials needed to complete a job and I bill 
> the company for the hours I worked.  I use an invoice to do this using 
> the Income:Sales account.  On occasion, I have to purchase materials 
> out of my pocket for which I get reimbursed. The invoice insists that 
> I provide an Income account for the entry so I use Income:Reimbursed 
> Expenses.  This has the effect of artificially increasing my Income 
> and thus my checking account when I'm actually using my money over and 
> over again.  There is no net increase as the account summary shows.

Hi Jon,

I am not an accountant, so don't shoot me if I am completely wrong. To 
me, this seems like a loan you give the company and they repay. Would 
everything change if you look at it that way?

Guus.


More information about the gnucash-user mailing list