[GNC] Another try at "How to record payments for several items paid with a single transaction?"

Derek Atkins derek at ihtfp.com
Mon Jul 24 10:19:44 EDT 2023


A quick edit..  When you say "enter all transactions from the source 
account" I would say "source asset or liability account".
It can be very confusing entering data from an income, liability, or equity 
account.
-derek
Sent using my mobile device. Please excuse any typos.
On July 24, 2023 07:58:57 Adrien Monteleone 
<adrien.monteleone at lusfiber.net> wrote:

> Chris,
>
> First,
>
> I'd highly recommend while you are getting started to turn on View >
> Transaction Journal View.
>
> That way, you see all splits at all times and you don't have to fiddle
> with the split function or have things jump around with auto-split view.
> It also doesn't hide anything from your view.
>
> While learning double-entry accounting, it is helpful to see what is
> going on, just as if you were doing this on paper.
>
> Of course, switch back to Basic or Auto-split at any time, but I found I
> prefer the Transaction Journal view at all times. A high percentage of
> my transactions have more than 2 splits, and I had to keep expanding
> them to view the full info. (rather than see the less than informative
> 'split' every time)
>
> Second,
>
> I'd recommend if at all possible to form the habit of entering all
> transactions from the source account. That is, transactions describe
> money moving from one account to another. You'll find errors are greatly
> reduced if you always enter transactions from the source, with the first
> split as the source side, and then the other splits are the
> 'destination' accounts. (you can have more than one source or
> destination of course)
>
> When you first start a new transaction, GnuCash helpfully creates the
> first split using the account that is open. (your source account in this
> case) Just enter the amount of funds being paid as a Credit. (right
> column, regardless of terminology) Note, that is the same for expenses
> and income. (or charges)
>
> See the attached screenshot using your example of snacks.
>
> Of course, once you commit the transaction, GnuCash will re-order the
> splits show Debits appear before Credits.
>
> Regards,
> Adrien
>
> On 7/24/23 6:49 AM, Chris Green wrote:
>> Thanks both for the 'how to do it' for split transactions.  I'm
>> getting there slowly!  :-)
>>
>
>
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