[GNC] Buying with PayPal - how do I split the transaction?

[David T.]

Given the length of this thread and the apparent confusion documenting PayPal in GnuCash, it might be helpful for someone to add a section to the wiki page at "Using GnuCash" on the different methods people have outlined. IMHO, the Guide and Help cover the overall concepts well enough. 

⁣David T. ​

On Dec 14, 2022, 6:41 AM, at 6:41 AM, R Losey <rlosey at gmail.com> wrote:
>True... I don't get income via Paypal... I just pay for stuff using it.
>
>
>On Mon, Dec 12, 2022 at 10:45 PM Dr. David Kirkby <
>drkirkby at kirkbymicrowave.co.uk> wrote:
>
>> On Mon, 12 Dec 2022 at 23:01, R Losey <rlosey at gmail.com> wrote:
>>
>> > I'm very simple-minded, I guess.
>> >
>> > I treat Paypal just an an expense... so, for the transaction above,
>I
>> > would enter in the Bank account
>> >
>> > Payee: Paypal (Google)
>> > with the expense category Expenses->Utilities->Internet
>> >
>>
>> I would have suggested that the GnuCash documentation should have
>something
>> about how to handle PayPal, but it seems as though   multiple people
>handle
>> it multiple different ways. You treat PayPal as an expensive, but I
>see it
>> as an asset.
>>
>> Dave
>> --
>> Dr. David Kirkby,
>> Kirkby Microwave Ltd,
>> drkirkby at kirkbymicrowave.co.uk
>> https://www.kirkbymicrowave.co.uk/
>> Telephone 01621-680100./ +44 1621 680100
>>
>> Registered in England & Wales, company number 08914892.
>> Registered office:
>> Stokes Hall Lodge, Burnham Rd, Althorne, Chelmsford, Essex, CM3 6DT,
>United
>> Kingdom
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>
>
>-- 
>_________________________________
>Richard Losey
>rlosey at gmail.com
>Micah 6:8
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