GnuCash how to do laptop purchase payment plan

[prl]

Fair Fax's description of the plan (which is possibly incomplete) is 
that the credit card is charged $100 every month. There seems to be a 
separate $1000 liability to the seller that is decreased by $100 each 
month when $100 is charged to the credit card. The liability in the 
credit card is then discharged by Fair Fax's normal method for paying 
his credit card debt.

So on the basis of the description:

On the transaction date, $1000 liability to the seller and $1000 
tangible asset (computer).
Each month, a scheduled transaction to transfer $100 of the liability to 
the seller to the credit card as a liability.
Each month (probably on a different date), transfer whatever Fair Fax's 
usual amount is from an asset account (e.g. cheque, savings) to the 
credit card.

But it really depends exactly how the seller charges on Fair Fax's 
credit card.

Peter

On 19/07/2015 11:23, Mark Phillips wrote:
> First Entry - You have a $1000 credit card (liability) balance and an asset
> (computer) valued at $1000.
>
> Set up a monthly recurring transaction that takes $100 from your checking
> account and put that as a payment to your credit card account.
>
> In 10 months, your credit card balance will be $0 (unless you have other
> charges).
>
> Mark
>
> On Sat, Jul 18, 2015 at 12:28 PM, fair fax <fairfax.six at gmail.com> wrote:
>
>> Hello,
>>
>> I bought a laptop for $1000 online and paid by credit card. The payment
>> plan is 10-month payment with 0% interest rate. So it charges $100 to my
>> credit card each month. In this case, how do I do it on GnuCash? Split
>> transaction has to be happen on the same day, where I need the $100 credit
>> card bill split to 10 months. Hope the community can help me with this.
>> Appreciated!
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