[GNC] Tracking Travel expenses

[Michael or Penny Novack]

On 11/14/2022 4:36 PM, Stan Brown wrote:
> Hi, Esteban!
>
> I assume these travel expenses are going to be reimbursed by your
> employer. In effect, you're making a loan to your employer, which
> creates an account receivable. This is an asset account, not an expense,
> so it is kept completely separate from your own expenses.

Yes would be under assets. But we are discussing personal books, not 
books of a business (accrual basis so can use business features like 
invoicing). Probably no "accounts receivable".

If new to gnucash, keep in mind that the examples in the tutorial s=were 
simple, not including all the possibilities.  There can be other sorts 
of asset accounts besides "current assets" and "fixed assets". Like 
money you have loaned out.

But this is a special sort of loan, and I'd give it a name making that 
clear like "pending reimbursements" (the parent) and under it you could 
have child accounts for the "expense" categories << they are of type 
asset, not expense, because not YOUR expenses >> IF (as is likely) you 
receive reimbursement as the total of what you submitted, don't make 
that parent a placeholder. Then you can credit IT for the total.

Michael F Novack