On Sat, 10 Dec 2022 at 01:19, Michael or Penny Novack < stepbystepf...@comcast.net> wrote:
> On 12/9/2022 7:01 PM, David Cousens wrote: > > However, I do NOT understand why you were treating your Paypal account > as a liability. AFAIK, Paypal does not offer credit. PayPal do offer credit https://www.paypal.com/uk/webapps/mpp/paypal-virtual-credit although I consider the PayPal account an asset. It's much like a bank account - money goes in and out. It's a bit more complicated though, as often transactions involve another currency. Selling things with PayPal obviously adds another bit of complexity as there are fees then, but for now I just want to sort out how to record purchases - I will worry about sales later. Michael D Novack > Dave _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
