[GNC] Forward payments

[Christopher Lam]

You are effectively doing a split transaction.

Assets:Bank -$1250
Assets:Staff  +$250 (sundries)
Expenses:Staff +$1000 (salary)

As the staff member spends appropriately, transfer from Assets:Staff to 
Expenses:Various

C

On 28/06/18 18:31, Tony Vanson wrote:
> Thank you for your patience
> Yes, I guess, in this instance, it could be considered as a type of
> temporary loan for her to pay the bills. However, my thoughts are, that if
> I change the current classification of Expenses:Staff to Current
> Assets:Staff, when I pay her salary I'm decreasing an Asset (Bank Account)
> but would also be needing to decrease another asset account Current
> Assets:Staff. Am I wrong in assuming that this cannot be done?
>
> By "transferred from savings to Staff Account" I meant when salary payment
> is made (usually in cash) it is from my Current Assets:Bank Account:Cash in
> Wallet with the offsetting account being Expense:Staff Account"
> Cheers
>
>
> On Thu, Jun 28, 2018 at 2:57 PM, Maf. King <maf at chilwell.net> wrote:
>
>> On Thursday, 28 June 2018 08:46:41 BST Tony Vanson wrote:
>>> Thanks again. Normally the staff salary would be simply paid from my
>>> Current assets:Bank Account to Expenses:Staff as they become due.
>>> Similarly with the other payments from my Current:assets:Bank Account to
>>> the various other expense account: e.g. Expenses:Pool etc. etc.
>>> Cheers
>>>
>> Hi Tony,
>>
>> That all makes perfect sense -  so have you "loaned" the money to cover
>> the
>> time you are away directly to an employee? (ie into someone else's
>> personal
>> account)
>>
>> I'm trying to understand what you mean by "transferred from savings to
>> Staff
>> Account" in your OP.
>>
>> But yes, it seems to me in summary you want the Staff Account to be an
>> asset -
>> if there is unused money at the end of your trip in the Staff Account it
>> will
>> be returned to you, just as if you put it in some other temporary bank
>> account
>> (or notes in a shoe bux under the bed!)   Expenses txns then go from the
>> new
>> asset account to the expense accounts, very much as you do at present.
>>
>> Maf.
>>
>>
>>
>>
>