[GNC] Recording transactions (date)

[Stan Brown (using GC 4.14)]

On 2024-04-09 09:55, R Losey wrote:
> 
> On Tue, Apr 9, 2024 at 8:42 AM Stan Brown (using GC 4.14)
> <stan+gc at fastmail.fm <mailto:stan%2Bgc at fastmail.fm>> wrote:
>     On cash basis, it's not an expense until it's paid. Therefore, _nothing_
>     is recorded until the payment date after the statement date after the
>     meal. Then you record
>             Dr: Expenses:Restaurant Dining
>             Cr: Assets:Cash in Bank
>     and a similar entry for every charge on that month's credit card
>     statement.
> 
> 
> Wow - how odd. I would expect to always have two transactions; one when
> I dine (either using the date I dined or the date that the credit card
> charge went through) - increasing what I owe to the credit card company,
> and a second one when the credit card payment is made - reducing my debt
> to the credit card company. I guess one could do it the way you say, but
> it seems very awkward.
I was not advocating doing that; I was explaining the difference between
cash basis and accrual basis. Your snipping was obscured my meaning.