[GNC] Consolidated billing of two credit cards
Adrien Monteleone
adrien.monteleone at lusfiber.net
Mon Jul 8 15:14:41 EDT 2024
I'm in the camp that would just use a single split transaction payment
and leave the accounts as-is, if not for the very least, that the bank
still treats them as separate accounts. They can change how they present
the statement on a whim. (as they have clearly already done once)
I always attempt to model the real world in my accounting as closely as
possible.
If it helps with reconciliation, you can put them under a placeholder
parent account, and opt to include sub-accounts during reconciliation.
Regards,
Adrien
On 7/7/24 10:54 AM, rsbrux via gnucash-user wrote:
> I have two credit cards from the same bank, which were previously
> handled completely separately and are therefor represented by separate
> accounts in GnuCash.
>
> Now the bank has consolidated the statements, but not completely. There
> is now a sinlge statement, but the charges and balance due are listed
> and summed up separateky for each card.
>
> However, the total due for both cards is now applied as a single charge
> to my bank account. Because of the separate totals on the statement, it
> is still convenient to reconcile the two credit card accounts separately.
>
> However, this results in two separate charges to the GnuCash bank
> account, which I then have to mentally add together to reconcile the
> bank account.
>
> This has led me to consider merging the two credit card accounts in
> GnuCash. How easy is this? Will this really make things easier, or am
> I better off sticking with the status quo?
>
> Thanks in advance for any tips!
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