[GNC] Accounting for a pre-paid electronic toll card

Tony Vanson tonyvans70 at gmail.com
Wed Oct 19 00:15:15 EDT 2022


Thank you Devaps, that clears my head 🤕

On Tue, Oct 18, 2022 at 11:25 PM <devaps at asia.com> wrote:

> You can treat it like a pre-paid card, so it resides under Assets.
>
> So you have -
>
> Assets->Bank Account
> Assets->Toll pre-paid card
> Expenses->Toll
>
> When you top up the card, record a transfer between the 2 asset accounts
> above.
>
> When you pay toll, record a transfer from Assets->Toll pre-paid card to
> Expenses->Toll.
>
> Cheers.
>
> > Date: Tue, 18 Oct 2022 22:54:28 +0700
> > From: Tony Vanson <tonyvans70 at gmail.com>
> > To: gnucash-user <gnucash-user at gnucash.org>
> > Subject: [GNC] Accounting for a pre-paid electronic toll card
> > Message-ID:
> >       <
> CACnjAucZzeKyqrOOUrHg7Fkga7Nf7S0R_zLNDHYs74318GH_EQ at mail.gmail.com>
> > Content-Type: text/plain; charset="UTF-8"
> >
> > I'm hoping that someone on this list can aid my befuddled brain to get to
> > grips with my problem.
> > The tolling system here is not the automated ones I'm used to.
> > Here one needs to obtain an electronic card and, once done, must be
> charged
> > with a cash value prior to travelling and topped up with cash on a
> regular
> > basis.
> > My question is what category is this card and how do I treat additions
> and
> > subtractions from it?
> > I initially thought it might be treated as a credit card but the way it
> > operates it's obviously not.
> > Any advice would be much appreciated
> > *Tony Vanson*
> >
> >
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-- 
*Tony Vanson*

*The older I get,*
*the better I was*


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