[GNC] gnucash-user Digest, Vol 256, Issue 20

[rsbrux]

@Adrien,

Thanks, this seems like the best solution.  It looks funny to leave the 
unbalanced amounts in all 3 accounts (2 credit card and one parent 
account), but reconciliation works and generates the correct payment 
from the bank account.

Thanks again to all who responded!

On 09.07.24 15:29, gnucash-user-request at gnucash.org wrote:
> ------------------------------
> Message: 3
> Date: Mon, 8 Jul 2024 14:14:41 -0500
> From: Adrien Monteleone<adrien.monteleone at lusfiber.net>
> To:gnucash-user at lists.gnucash.org
> Subject: Re: [GNC] Consolidated billing of two credit cards
> Message-ID:<v6hdra$t32$30 at ciao.gmane.io>
> Content-Type: text/plain; charset=UTF-8; format=flowed
>
> 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!