[GNC] Accounts which are both Income and Expense accounts
Chris Green
cl at isbd.net
Mon Jul 24 11:53:59 EDT 2023
Is there a 'right' way to handle an account which gets payments in two
directions?
E.g. I have good relations with a friend and we often buy things for
each other and settle up at the end of the month. Sometimes I owe the
friend some money, other times the friend owes me some money but it's
very definitely one account and one wants to see all the payments in
one place.
I guess one can just say it's an 'Expense' account and make payments
in either direction as required, is this the only way or is there a
special name for such an account?
--
Chris Green
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