[GNC] Posting a bad debt

[rmomxtx at gmail.com]

Adrien,

 

I saw your email and tried that, setting the sub-account to receivables to
"asset." But as I noted in another response I think, it still did not show
as an option in the receive payment window. It did disappear as an option in
the dropdown window to select which account receivable account to use. 

 

Another way to remember these infrequent accounting entries is to search for
them. Just duplicate and change the amounts as appropriate. 

 

Thanks,

Roger

 

Message: 1

Date: Wed, 10 Apr 2019 13:33:33 -0500

From: Adrien Monteleone <adrien.monteleone at lusfiber.net
<mailto:adrien.monteleone at lusfiber.net> >

To: GnuCash <gnucash-user at gnucash.org <mailto:gnucash-user at gnucash.org> >

Subject: Re: [GNC] Posting a bad debt

Message-ID: <79E0F4F6-C7CF-4D6E-A82E-7EB9F0A04DFA at lusfiber.net
<mailto:79E0F4F6-C7CF-4D6E-A82E-7EB9F0A04DFA at lusfiber.net> >

Content-Type: text/plain;             charset=utf-8

 

Roger,

 

You just missed my recent reply on account types.

 

The asset version needs to be of *type* `asset` not *type* `accounts
receivable` but you can certainly place regular asset accounts as
sub-accounts of that special Accounts Receivable account. I have this very
setup and it works fine.

 

Certainly though, if you prefer the liability method for your use case, by
all means, use that instead. It is perfectly legitimate to pay liabilities
with other liabilities, that is what a credit card is ? you are setting up
an account to track a credit line you have with that vendor/client.

 

And yes, remembering how to make certain entries, especially when they are
infrequent, can be a challenge. The only advice (other than a note app) on
that front is I personally found I retain more of this info as I became more
active on this list helping others. (of course, some things I still have to
lookup to refresh my memory) My workflow includes creating a ?how to? sub
folder in my mail client and archiving some important threads there which
places them in quick proximity to reference when revisiting the topic in a
new thread.

 

Regards,

Adrien