Reconciliation of split transactions and split rollovers

[Colin Law]

On 4 February 2015 at 17:54, EngineInstitute <info at chinablueart.com> wrote:
> Regarding: Also, I have partner distributions that are made at the beginning
> of the month to offset expenses incurred during the month. I am using the
> split transaction to input the expenses against the distribution. The
> question is at the end of the month the expenses can be more then the
> distribution. How can that excess be rolled over to be absorbed in the next
> pay period?
>
> I will try to rephrase: We give partners a lump amount at the beginning of
> the month. They provide expenses for the following month. At the end of the
> month I often have more expenses then the distribution. How can that be
> posted so that the excess amount is expensed against the next month's
> distribution?

OK, understood.  You could have for each partner a (virtual) account
of type bank called, possibly, Joe_expenses.  Then at the beginning of
the month pay the sum into that account (and give the money to Joe).
It will then have a positive balance.  As expenses are accepted then
debit the account by that amount to an appropriate Expenses account.
At the end of the month any balance remaining will be excess
distributed so it will automatically carry forward into the next
month.

Colin