GnuCash: how to enter the purchase of a corporate bond with accrued interest

Wm wm+gnc at tarrcity.demon.co.uk
Fri Feb 27 18:45:12 EST 2015


Fri, 27 Feb 2015 12:31:34 <001301d052bb$9d8670e0$d89352a0$@rr.com> Alice 
Lee <alee212007 at satx.rr.com>

>The accrued interest is not an expense.

It is when you buy it.

>  It is a receivable which will be
>zeroed out when the interest is received.

That is a novel approach.  Mind you I've never tried sending anyone an 
invoice for the interest on a bond either.  How did you get on when 
chasing your debtors?

>  The balance is income.

-- 
Wm...


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