FinBar, It depends what the cheque your wife received was for. If it was a reimbursement of money she had previously paid out then it gets deducetedfrom the associated expense account as it will have reduced the value of the expense to you.
If it was payment for services rendered then it is income Asset:Bank Dr xxx Income Cr xxx Exactly how you treat it will depend upon how you treated the original expenditure and what information it is you need to understand your finances. If you knew in advance what the reimbursement was going to be you could have set up an Asset account for Reimbursements and when you recorded the orignal expenditure you would have had a transaction of the form Asset:Bank Cr xxx Asset:Reimbursible Dr yyy Expense Dr zzz where xxx=yyy+zzz. When you receive the cheque/check you would then record it as Asset Bank Dr yyy Asset:Reimbursable Cr yyy. This would be the best procedure where you receive reimbursements regulerly for example. For a one off then the following will work equally as well. If you had not expected a reimbursement you would record the original expense in full Asset: Bank Cr xxx Expense Dr xxx and you would record the receipt of the cheque it as a credit to the expense account ( or to a contra account named reimbursements to the expense account). This is just a sub account of the expense account totalling into it to which you record any reimbursements. Asset:Bank Dr yyy Expense Cr yyy David Cousens On Mon, 2022-01-17 at 16:51 +0100, Mahon Finbar wrote: > Hi, > > My wife got a cheque (or check if you insist) and lodged it in her bank > account. > > I want to enter it as a deposit to her a/c. It only seems to accept > Assets:Current Assets:Cash in Wallet as a transfer entry without > entering two transactions - deposit and withdrawal.... > > Since the amount will be credited to the a/c "cash in wallet" somehow > doesn't seem right? > > Is there a 'proper' way to enter a cheque lodgement? > > Finbar > > _______________________________________________ > 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.
