Record Auto Insurance expense
subscriptions
subscriptions at renuecomputers.com
Tue Apr 3 09:55:26 EDT 2018
On 04/02/2018 09:03 PM, David Carlson wrote:
> Vendors is a business feature, and it is not recommended for
> non-business users.
>
> It is usually easiest to open up your checking, credit card or cash
> account register to enter all the transactions for each of those
> accounts. Then enter a transaction with a transfer to
> Expense:Auto:Insurance or whatever account name that you want to use,
> creating new accounts when you want to.
>
> Have fun.
>
> David C
>
> On Mon, Apr 2, 2018 at 5:44 PM, subscriptions
> <subscriptions at renuecomputers.com
> <mailto:subscriptions at renuecomputers.com>> wrote:
>
> How do you actually record a auto insurance expense? Do you just
> go to expense accounts / Auto / Fees and enter it there and do a
> transfer from Checking account or would you create a Vendor
> (GEICO) and then a bill?
>
> Kinda a novice at this.
>
> jdegraw
>
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Thank you. I did exactly that. :)
Accounting has always been my weak spot. I m moving from quickbooks to
GNUC as it actually looks simpler to me and less confusing then QBs.
Seems in QBs you dont get such a clear picture of what its doing in the
background. Especially when you run into a balance problem. With GNUC I
can quickly find issues and correct them.
Thanks for the reply,
jdegraw
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