Can I convert credit cards as expenses to credit cards as liabilities reasonably easily, or is my best choice to start doing it properly now and leave the old transactions alone?
I have just started with GnuCash and have imported and hand-massaged 10 years worth of records from two other financial managers. In them I was tracking only Income and Expenses and therefore treated credit cards as expenses in a simplified manner, that is, one credit card entry per month per credit card in Expenses:Credit Card and one entry per month paying that bill from Bank:Checking. Each Bank:checking was reconciled, and Expenses:credit card was not reconciled. There are two credit cards so Expenses:credit card has approximately 240 entries for 10 years. I intend to continue with the simplified approach per the documentation, so I won't be entering individual credit card charges, just the monthly amount. MY first thought was to change Expenses:Credit Card to Liabilities:Credit Card, but then I'd be left without an Expense:Credit Card. I actually don't mind manipulating 240 transactions, but entering 240 of them invites errors. Do I have a way to do this? If so, please explain simply, remembering my newbie status. Thanks. _______________________________________________ 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.
