Need a suggestion for getting this done:
Buddha Buck
blaisepascal at gmail.com
Sat Dec 31 08:56:14 EST 2016
In addition to what David said, if you find yourself doing a lot of those
sorts of transactions, or find that you have a lot of parallel accounts
(personal expenses, house expenses, personal assets, house assets, personal
loans, house loans, etc), consider using separate books. That would enforce
the separation of the concerns.
On Fri, Dec 30, 2016, 20:20 DaveC49 <davidcousens at bigpond.com> wrote:
> One way to think about it is to consider the transactions which would be
> involved if you were maintaining separate sets of books for your Personal
> accounts and your House Accounts. You would most likely record this in
> separate personal accounts as an expense to your pesonal accounts
>
> Expense:HouseAccountContributions Db xxxx
> Asset:Bank:George
> Cr xxx
>
> and in the separate books for the House you would record it as income to
> the
> House Account
>
> Asset:Bank:HouseAccount Db xxxx
> Income:PartnerContributions:George
> Cr xxxx
>
> With the accounts combined in one set of books you would just create the
> above transactions rather than just using a transfer from one asset account
> to another as below. I.e. to get the extra detail you essentially have to
> create two transactions instead of just the single transaction below. You
> can create these as a single transaction by putting the extra splits to the
> expense and income accounts to the basic transfer transaction given below
>
> Asset:Bank:HouseAccount Db xxxx
> Asset:Bank:George
> Cr xxx
>
> i.e. to do it as a single transaction the splits of that transaction would.
> If the concepts of splits are not clear read the Tutorial and Concepts
> Guide
> (https://www.gnucash.org/docs/v2.6/C/gnucash-guide/titlepage.html).
>
> Asset:Bank:HouseAccount Db xxxx
> Income:PartnerContributions:George
> Cr xxxx
> Expense:HouseAccountContributions Db xxxx
> Asset:Bank:George
> Cr xxx
>
>
> David Cousens
>
>
>
> --
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