Thanks Geoff,
I've never been able to get my head around "splits" but your method seems
straightforward - sort of 🤔.
I'll give it a shot.
As I have no need for anything official, I guess I can always just manually
enter the three entries separately.
Cheers

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On Sun, Nov 22, 2020 at 4:32 PM Geoff <cleanoutmys...@gmail.com> wrote:

> Hi Tony
>
> I'm not an accountant, but I would treat it as an asset thus:
>
> Payment
> Assets:Bank: -1,600
> Assets:Bond: +1,000
> Expenses:Rent: +600
>
> Refund
> Assets:Bank: +1,000
> Assets:Bond: -1,000
>
> The first transaction (Payment) is a "split" - it has 3 legs.
>
> Regards
>
> Geoff
> =====
>
> On 22/11/2020 7:29 pm, Tony Vanson wrote:
> > Hi all,
> > Using Windows 10 Home
> > GC 4.2
> >
> > I anticipate renting a property for 1 month and will pay the rental up
> > front plus a security deposit amount which will be returned at the finish
> > of the rental period. I am totally in the dark how to approach this.
> > Do I need some kind of split? The rental expense is a straight forward
> > expense, but how do I input the security deposit - I tried it as an asset
> > but that didn't work and doesn't seem right. Various other things i tried
> > usually came up with an Imbalance entry.
> > I would really appreciate some guidance on this.
> > Cheers
> >
>


-- 
*Tony Vanson*

*The older I get,*
*the better I was*
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