[GNC] gnucash-user Digest, Vol 258, Issue 1

[Eric Hammond]

   4. Re:  How do I invoice a customer which he pays with billable
      services by him? (Adrien Monteleone)

Thank You all!

I need the results to properly post on Form 1040 in my taxes.
(I like paying taxes - it means I have a living business)
Payment in-kind is fine, but it took a lot of testing to get the right account types
to get the clearing account idea to work, but where I got it.
I ended up using "Assets:Holding" for this. Bills and Invoices are very
picky about what type of accounts can pay the balance, but this worked.
Again, Thanks



Message: 4 ( and others)
Date: Sat, 31 Aug 2024 15:29:22 -0500
From: Adrien Monteleone <adrien.monteleone at lusfiber.net>
To: gnucash-user at lists.gnucash.org
Subject: Re: [GNC] How do I invoice a customer which he pays with
	billable services by him?
Message-ID: <vavufa$j5u$6 at ciao.gmane.io>
Content-Type: text/plain; charset=UTF-8; format=flowed

Yep, credit notes are the way to go.

If you want to somehow tie them together, there may be a way to use a 
clearing account as some sort of intermediary, which could be either an 
asset or liability and/or a sub-account of AR/AP.

GnuCash does not in any way link AR with AP tracking, thus even using 
the same name and info, Customers and Vendors are handled separately, 
even if they are the same entity.

Regards,
Adrien