[GNC] Split transaction

Liz edodd at billiau.net
Sat Jan 22 05:53:00 EST 2022


On Fri, 21 Jan 2022 21:16:35 -0800
"Stephen M. Butler" <Stephen.M.Butler51 at gmail.com> wrote:

> Heidi,
> 
> Also, this sounds like a credit card being used for several purchases 
> throughout the month.  In which case it is better to record the 
> individual purchases as they occur.  Or, download the individual
> lines to import.
> 
> In that case, you will have a Liability:Credit Card:nameofcc account 
> against which all the transactions will post with the other side of
> the post (the other split) being the relevant expense account.
> 
> When you pay the credit card off, you record the payment against the 
> checking account on the one side and the Liability account on the
> other.
> 
> Otherwise, if you have a lot of purchases throughout the month there 
> would be one humongous transaction with gobs of splits and you would 
> lose the date for each purchase.

This is the best way to proceed, once you have followed David Cousen's
suggestion and read the tutorial and concepts guide.

Liz


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