[GNC] How to spread transaction inside 2 different budget period

Adrien Monteleone adrien.monteleone at lusfiber.net
Tue May 29 16:27:27 EDT 2018


I forgot to mention you can create the monthly expenditure transactions as ’scheduled transactions’ when you enter the payment transaction so that you don’t forget them. (you can still have a chance to review and edit if necessary as they come up.)

Regards,
Adrien

> On May 29, 2018, at 3:25 PM, Adrien Monteleone <adrien.monteleone at lusfiber.net> wrote:
> 
> Laurent,
> 
> Create a “Pre-paid Expenses” asset account.
> 
> Enter a transaction on January 1 as follows:
> 
> Dr. Pre-paid Expenses		$45
> 	Cr. Bank Account		$45
> 
> Then on January 31:
> 
> Dr. Expenses:Subscription	$13
> 	Cr. Pre-paid Expenses		$13
> 
> On February 28/29:
> 
> Dr. Expenses:Subscription	$18
> 	Cr. Pre-paid Expenses		$18
> 
> 
> On March 31:
> 
> Dr. Expenses:Subscription	$14
> 	Cr. Pre-paid Expenses		$14
> 
> 
> You are pre-paying an expense and then ‘using’ that pre-payment by the end of each month. The above transactions will allow you to move the money out of your bank account on the proper day, and then have each month properly reflect the portion of that expense just for that month.
> 
> If the reverse were true and you were billed at the *end* of the three months instead, you would use a “Deferred Expenses” liability account, enter each month’s expenses as ‘paid by’ that liability account and then enter the payment against that liability account when you actually get the bill.
> 
> Regards,
> Adrien
> 
>> On May 29, 2018, at 2:51 PM, Laurent VERDOÏA <verdoialaurent at gmail.com> wrote:
>> 
>> Hy,
>> 
>> I'm searching about to spread a single transaction from a bank account
>> inside 2 different budget period.
>> 
>> For the exemple, i have to pay for my subscription i should pay for three
>> month in one time.
>> The January 1th, i have an expense of 13$ in January, 18$ in February and
>> 14$ in March and my bank account is 45$ debited on the January 1th.
>> 
>> How should i spread my transaction ?
>> Should i use a "transfert" account ?
>> 
>> 
>> I'm waiting for your help.
>> 
>> Thanks in advance.
>> Laurent
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