[GNC] Handling personal yet-to-pay bills

[Mattia Rizzolo]

Hi Gyle!

Thanks for answering.

I already tried adding transactions with a future date, and that indeed
turned out to be as useful as I expected.  So far I've done that for
things like bank transfers or direct debits that are already issued with
a future date.  Examples recently were some credit card bills coming in,
for which I recorded the payments at the date they will be debited to my
checking account, since that was sure to happen.

As a more practical example, right now I have two outstanding payments:
the electricity bill that is due on November 22nd (that I'll pay with my
credit card; the electric company doesn't do recurring charges to credit
cards, go figure…), and a tax payment due on November 30th.  I have no
idea *yet* when I'm going to execute those two payments so, I suppose
I'll either have to edit the already-recorded transaction if I simply
handle it as you suggests (googling past similar question I saw somebody
using a special string in the "memo" field to recognize them).

On Sat, Oct 16, 2021 at 02:29:18PM +0000, Gyle McCollam wrote:
> You could go the more accounting route and use an accounts payable
> account or you could do what I do, since I use it for personal
> accounting purposes, and just record it in the usual account say debit
> electric and credit your bank account (Checking I assume) on the date
> you actually are going to pay it.  What that does, it shows your
> "future balance".  GNUCash shows a blue line at the current date and
> all future payments below the line. You could either write the check
> now or refer to your checking account to see when you actually need to
> write the checks.  I was a bit surprised that you can't have those
> expenses automatically deducted when they are due.

-- 
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  `-
-------------- next part --------------
A non-text attachment was scrubbed...
Name: signature.asc
Type: application/pgp-signature
Size: 833 bytes
Desc: not available
URL: <http://lists.gnucash.org/pipermail/gnucash-user/attachments/20211016/39cd11ae/attachment-0001.sig>