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

[devaps at asia.com]

   Glad to hear your problem is resolved, Tony.
   Cheers.
   Sent using the mobile mail app
   On 19/10/22 at 9:45 AM, Tony Vanson wrote:
   From: "Tony Vanson" <tonyvans70 at gmail.com>
   Date: 19 October 2022
   To: devaps at asia.com
   Cc: gnucash-user at gnucash.org
   Subject: Re: [GNC] Accounting for a pre-paid electronic toll card
   Thank you Devaps, that clears my head 🤕
   On Tue, Oct 18, 2022 at 11:25 PM <[1]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 <[2]tonyvans70 at gmail.com>
     > To: gnucash-user <[3]gnucash-user at gnucash.org>
     > Subject: [GNC] Accounting for a pre-paid electronic toll card
     > Message-ID:
     >
     <[4]CACnjAucZzeKyqrOOUrHg7Fkga7Nf7S0R_zLNDHYs74318GH_EQ at mail.gmail.c
     om>
     > 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

References

   1. mailto:devaps at asia.com
   2. mailto:tonyvans70 at gmail.com
   3. mailto:gnucash-user at gnucash.org
   4. mailto:CACnjAucZzeKyqrOOUrHg7Fkga7Nf7S0R_zLNDHYs74318GH_EQ at mail.gmail.com
   5. mailto:gnucash-user at gnucash.org
   6. https://lists.gnucash.org/mailman/listinfo/gnucash-user