[GNC] Handling VISA Debit Accounts

[David T.]

In my experience (admittedly limited), a debit card is a means to extract funds from an account—not an account on its own. Considered this way, it is simply a variant of a check, or of writing a withdrawal slip and handing it over to a teller (for those who remember those days). There is no need for a separate account type; “Bank” or “Asset” suffice. 

Rick’s method will certainly work, although I have never bothered with that level of detail.

David T.

> On May 7, 2018, at 1:01 PM, Rick Copple <rick at copplecleaningservice.com> wrote:
> 
> On 05/07/2018 01:39 AM, Karen Stingel wrote:
>> How does gnc handle the Case of a VISA Debit card?
>> Technically, this is a BANK account with a VISA enabled card and a $0.00 Credit Limit
>> Should it just be created as a normal BANK account type? 
> 
> How I normally handle mine is any transaction I make from my debit card, I enter as a transaction in my bank account, usually using the word "Debit" for the ref. number field. Of course, you could use any code word there you wanted (ex. "Visa", "MC", "CCard", etc.) as long as you are consistent in using the same term. But there is no reason to complicate things by creating this as a separate bank account from the one your funds come out of. As to the rest, I'll let the developers answer those, though I don't see the point in not using the create a new account function in GNUCash itself to create any new accounts you need, or to create a specialized function for handling debit cards.
> 
> -- 
> Rick Copple
> Window Cleaning Specialist
> <http://www.copplecleaningservice.com>
> 
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