I don't use liability accounts for my bills. I just debit expense and credit checking. I used liability accounts for the mortgage, installment loans, and things like that.
On Fri, Jan 17, 2025, 16:10 Griffin <grif...@bernevyl.com> wrote: > I am using Gnucash for my home accounts. I won't be trading for the > foreseeable future as all my retirement money was stolen in a scam. > > Do I need to use liability accounts for any of my home accounting accounts? > > If I understand correctly, liabilities are usually, outside of trading > purposes, just for companies to track long-term expenses. > > Do I not need to use them, or would I use them for contracted expenses, > like rent, utilities, etc. > > Or are they just overkill for home accounting. > _______________________________________________ > 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.
