[GNC] expense problem

[Adrien Monteleone]

What was the opposite (debit) side of the transaction when you recorded the receipt of the gift card?

That same account should have been the credit side of each expense transaction. (the debit side being the actual expense)

If you are using the Basic view - either show the splits for this info on that transaction, or turn on Transaction Journal View or Auto-Split View from the View Menu.

I usually record my gift cards as you did as gifts received, with the debit side of that to an Assets:Current-Assets:Pre-Paid Cards:xyz account, where ‘xyz’ is the store or type of card. This allows me to keep those cards organized and see at a glance what balance I have on each. When I spend using the card, that is where the funds come from. (the credit side of the expense transaction)

Regards,
Adrien

> On Nov 4, 2019 w45d308, at 7:01 PM, RICHARD YENTZER <ryentzerjr at gmail.com> wrote:
> 
> I'm not an accountant. I use GNUCASH for personal finances. Many years and
> counting.
> 
> I received a gift card for $200. I entered this in GNUCASH as income:gifts
> received:gift card.
> 
> I used the $200 for groceries, McDonald's and a dental bill for $132.
> 
> The gift card NOW shows a zero balance as it should. The Expenses:groceries
> recorded a debit as if I had used a credit card. No problem here.
> 
> The dental account/journal, however, shows a negative balance of $132.
> 
> How can the gift card record the expenditure without it recording properly
> as a credit in the dental account?
> 
> I've tried GNUCASH 2.6.21 and 3.7, each with the same results.
> 
> Richard