[GNC] Your Classification / Tagging Implementation

[will at theprescotts.com]

Then I really don't understand. If I eat in a restaurant, it will depend on how I pay for the meal. If I use cash or a credit card, checking won't be involved at all.
If I use a debit card, it will be a 'Withdrawal' from the checking account and a 'Tot expense' to the Eating out account. But I have checking set up as a 'Bank' Account, not as an 'Asset' account. Maybe that is the difference.

Will



On 2020 Nov 7, at 11-07 18:42:21, Derek Atkins <derek at ihtfp.com> wrote:

Nope. 
Credit checking and debit expense. 

-derek
Sent using my mobile device. Please excuse any typos. 

On November 7, 2020 7:27:04 PM "will at theprescotts.com" <will at theprescotts.com> wrote:

> IANA (I am no accountant), but don't you have the credit/debit reversed on the example Assets:Checking and Expenses:Eating out. 
> 
> I would think it would be debit to checking (withdrawal) and a credit to Eating out. Maybe I don't know what Cr and Dr stand for.
> 
> Will
> 
> On 2020 Nov 7, at 11-07 15:49:52, Gal <galbarm at gmail.com> wrote:
> 
> The most requested feature in gnucash is to have transaction classification,
> also known as tags / dimensions / categories / classes
> https://gnucash.uservoice.com/forums/101223-feature-request/suggestions/1543027-transaction-classifications
> 
> Say I spend 100€ at a restaurant during a vacation in Italy.
> The obvious transaction is a 100€ credit to checking account and 100€ debit
> to Expenses:Eating out
> But I would also like to be able to track the vacation expenses, so I have
> to classify all transactions took place during the vacation, for example
> with a #italy2020 tag.
> 
> Summarizing all discussions I've read, there are two common workarounds, or
> ways to manually implement classification in gnucash:
> 
> 1. By adding the tag #italy2020 to the description, note or memo field of
> the transaction.
> The transaction report can then filter transactions by the tag string.
> 
> 2. By creating an additional account, called italy2020, and change the
> transaction splits in the following way:
> Cr. Assets:Checking 100€
> Dr. Tags:italy2020 100€
> --
> Cr. Tags:italy2020 100€
> Dr. Expenses:Eating out 100€
> 
> 
> Those of you who implement such taggings, can you share your method, and why
> you prefer your method over the other?
> 
> 
> 
> --
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