[GNC] The correct way to account for prepaid things that comes with bonuses

Gyle McCollam gmccollam at live.com
Mon Dec 6 12:23:23 EST 2021


That looks correct to me.  However, I don't like to classify a "Bonus" as Income, unless they are taxable.  I would record it as a negative expense, again if it is not taxable.  That is how I record cash back on my various credit cards, it is more of a purchase discount than an income amount.


Thank You,
Gyle McCollam

Gyle McCollam

609.680.2326                     Mobile

gmccollam at live.com<mailto:gmccollam at gyleshomes.com>           email

________________________________
From: gnucash-user <gnucash-user-bounces+gylemc=gmail.com at gnucash.org> on behalf of Mattia Rizzolo <mattia at mapreri.org>
Sent: Monday, December 6, 2021 12:01 PM
To: gnucash-user at gnucash.org <gnucash-user at gnucash.org>
Subject: [GNC] The correct way to account for prepaid things that comes with bonuses

Hi!

I wanted to more correctly account for the local "moped sharing" company
we have here, which offers to buy a prepaid package that comes with a
bonus.

In this case, I bought a 90€ package that comes with a 40€ bonus, so my
in-app wallet is credited with 130€.
I planned to store that 130€ in Assets:PrepaidExpenses, to be whittled
down whenever I do rent a moped, at which point it's expensed.

Now, that sounds all fine to me, but I'm not really sure where those 40€
should come from.

Right now I did:

2021-10-08  Buy package
                            Assets:PrepaidExpenses:Moped   130.00
                            Liabilities:CreditsCards:……             90.00
                            Income:Bonuses                          40.00

2021-11-04  Rental
                            Assets:PrepaidExpenses:Moped            4.93
                            Expenses:Travel:Rental            4.93
(etc)


But I don't think that should really come from Income: :\


Opinion/suggestions/recommendations? :)

Thank you in advance!

--
regards,
                        Mattia Rizzolo

GPG Key: 66AE 2B4A FCCF 3F52 DA18  4D18 4B04 3FCD B944 4540      .''`.
More about me:  https://mapreri.org                             : :'  :
Launchpad user: https://launchpad.net/~mapreri                  `. `'`
Debian QA page: https://qa.debian.org/developer.php?login=mattia  `-


More information about the gnucash-user mailing list