[GNC] Tracking Reimbursable Medical Expenses

[David T.]

Of course, one could implement an accounts receivable structure without using the business features. The user would create the appropriate accounts, and add transactions to document things manually. 

 
 
  On Sat, Jan 5, 2019 at 4:14, David Cousens<davidcousens at bigpond.com> wrote:   Aaron,

The Answer is yes but to use the inbuilt Accounts Receivable you would need
to use the Business features Invoicing  and linking of payments to Invoices
etc.

An Accounts receivable is simply an Asset account with some additional
reporting capability attached to it so you simple create an asset account
Asset:MedicalReimbursable.

The recording events are as follows When you pay a medical expense with your
credit card use a multisplit(4) transaction as follows:

Asset:Medical Reimbursable            $5
Liability:Credit Card                                    $5
Expenses:Medical                            $5
Asset:HSA                                                  $5

When you pay your credit card (this will be lumped in with other
transactions):

Liability:Credit Card                        $5            
Asset:Bank                                                $5

When you record your reimbursement:

Asset:Bank                                        $5
Asset:MedicalReimbursable                      $5

The balance in the Asset:Medical Reimbursable account tells you how much you
have outstanding. As there is no linking to payments it is a bit harder to
identify which reimbursements are linked to which payments but you can
always use the memo field to identify the date of the expense the
remimbursment is associated with for example.

David Cousens



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David Cousens
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