This would be a personal preference, but consider different names for those two accounts.
That is: Revenue:Shipping & Handling Expenses:Postage If you have more than one reimbursable, you could insert that in the revenue tree like so: Revenue:Reimbursables:Shipping & Handling, but really it’s unnecessary. A charge is a charge is a charge. It’s all revenue. There’s nothing really special about it. (unlike sales tax collections, which are NOT revenue, but pass-through liabilities) Invoices would generate this transaction: Dr. Assets:Accounts Receivable Cr. Revenue:Sales Cr. Revenue:Shipping & Handling When you ship the order and pay the Post Office: Cr. Assets:Cash Dr. Expenses:Postage Using these names, your Income Statement (P&L) will be a bit easier to read and follow as the account names are more descriptive rather than ‘reimbursable’ for both revenue and expenses. This would be even more important if there would be more than one such reimbursable. As I noted above, there’s no reason to handle these charges as any special case. If you sell physical products part of the sales amount for those items balances against a Cost of Goods sold expense. It’s a similar principle. Regards, Adrien > On Mar 8, 2018, at 6:59 AM, DaCappie <h0wdyd3...@gmail.com> wrote: > > So for the matching expense account, how often would that be updated? In > other words, when i receive a payment for $356.65, and $350 was for > income:sales and $6.65 was for shipping/postage, would I manually add > something about $6.65 to expenses:reimbursedexpenses at that time, which > would balance out the original $6.65 that was on > income:reimburseableexpenses? > > > > > > -- > Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
