Entering cash-back purchases
Buddha Buck
blaisepascal at gmail.com
Mon Jan 25 11:11:38 EST 2016
To me, this would involve entering one split transaction of the form
1/25/2016 Joe's Country Store
Debit Expenses:Food $1.75
Debit Assets:Cash $20
Credit Assets:CheckingAccount $21.75
This reflects that you charged $21.75 on your debit card, and got $1.75 in
Pepsi and $20 in cash.
On Mon, Jan 25, 2016 at 10:48 AM dave boland <dboland9 at fastmail.fm> wrote:
> This is sooo frustrating to me. I go to the store, use a debit (or
> charge card) to purchase some thing, get cash back, and have no clue hoe
> to enter it into gnuCash. Yes, I tried to follow the 16 point
> procedure, but it is not clear.
>
> So, let's assume I walk in to Joe's Country Store. I purchase a 2 Liter
> bottle of Pepsi for $1.75, and get $20 cash back. I used my Big Bank
> charge card. What are the steps to enter this into gnuCash (reader's
> digest version please)?
>
> Dave,
> --
> dave boland
> dboland9 at fastmail.fm
>
> --
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