Tony, I am no Accouintant, but the way I would attack it is to set up a cash account for the bond (security deposit), then split the payment into bond & rental (into another account, or as a Draw). When the bond is returned, that credits into the bond account, hopefully leaving it at zero balance. (hint: the account can then be hidden if you no longer need to see it) I also have old ´sleeper´ accounts: a hidden main account zzzz (bit obvious: a snooze!) then drop old unused accounts into that main account. Keep safe! regards, Doug (in sunny, relatively covid free Australia)
On Sun, 22 Nov 2020 15:29:36 +0700 Tony Vanson <tonyvan...@gmail.com> 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* > _______________________________________________ > 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. -- Doug <lema...@internode.on.net> _______________________________________________ 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.
