Hi Greg and thanks for your reply. Indeed I see that I already have an account called "Credit Card", which type is in fact "Credit Card". I was trying to "simulate" such a transaction and I got stuck already: after entering the amount in the "Charge" column, I don't know which account I should select from the "Transfer" column. What would be the correct one?
Thanks, F. https://www.instagram.com/boniforti_music https://soundcloud.com/boniforti_music https://bonny-j.bandcamp.com Am Mi., 18. Sept. 2024 um 23:56 Uhr schrieb fromvendor < fromven...@outtacyte.com>: > Hi there, > > I have my Credit Cards set up each to its own account of type liability > (because I owe it eventually) under a parent placeholder called "Credit > Cards". > > Each transaction goes into the account appropriate for the card in > question. When I get the statement (download, however), I reconcile the > card and match up receipts. Once that is done, I "Pay" the card (check, > EFT, however) from my bank account. That reduces the balance in the CC > account (backwards as it's a liability) and also reduces my bank account. > > Note there are options on how to display a CC type account, I have it so I > enter the transactions on the "Charge" column and the payment in the > "Payment" column. It's still Debit and Credits fundamentally so it works > out. > > Anyway, I hope that helps. > -greg > > -----Original Message----- > From: gnucash-user [mailto:gnucash-user-bounces+fromvendor= > outtacyte....@gnucash.org] On Behalf Of Boniforti Flavio > Sent: Wednesday, September 18, 2024 4:43 PM > To: gnucash-user@gnucash.org > Subject: [GNC] Credit cards - how to deal with those? > > ... and another question from a noob: how to deal with credit card > transactions? > I usually would register it the day that I've done the transaction, so that > I can trace each single credit card transaction. Of course I know that the > money has not yet been deducted - it will happen once a month when the > credit card invoice is emitted. But if I would register *only* the credit > card invoice, I would lose track of each individual transaction - right? > So what (for a private individual - no business case here) would be the > most appropriate way to handle this? > > TIA, > F. > > https://www.instagram.com/boniforti_music > https://soundcloud.com/boniforti_music > https://bonny-j.bandcamp.com > _______________________________________________ > 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. > _______________________________________________ > 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. > _______________________________________________ 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.
