Liability accounts are normally "negative"; charges accrue in the right
column "Increase", and payments show up in the left column ("Decrease"). If
you have a credit amount, it should be a positive number. Your account was
zero on 18 Feb, but you show a new "charge" of 34.84 -- I think that's the
error - they are (I presume) crediting you for unused phone charges. This
should be in the other column. In the attached register, the refund is also
incorrect; it should be the other way around. Everything will work out
then, I believe.On Mon, Mar 17, 2025 at 1:01 PM griffin <grif...@bernevyl.com> wrote: > I have been trying this, and I've hit a small issue. > > I made an over payment to my phone bill, and then moved to another > carrier, so I was over paid in the liability account. > > When I tried to "refund" this overpayment to my chequing account GnuCash > either doubles the liability, or withdraws the refund from the chequing > account. > > (...and yes, I feed my dog Dog Foof!!!😳) > > I don't seem to be able to reduce the liability to zero, and increase the > chequing account balance. > > What have I done wrong? > > > > > > On 2025-03-17 10:56 a.m., R Losey wrote: > > On Sun, Mar 16, 2025 at 11:56 AM Michael or Penny Novack via gnucash-user > <gnucash-user@gnucash.org> wrote: > > > On 3/16/2025 12:13 AM, R Losey wrote: > > Hi. I'd just set such accounts up as sub-accounts under Liabilities. > > Using > > your example (electricity) > > 1) Create an "Electricity" account under "Liabilites" (alternatively, you > could use the provider as the name of the account > 2) Using your $120 bill as an example, when you pay $60 and owe them $60, > you'd create a three-way split > Checking: decrease (credit) $60 > Expenses->Utilities->Electricity: increase (debit) $120 > Liabilities->Electricity: increase (credit) $60 > > You COULD do it that way. Splits when paying the bill. > > But I suggested entering the expense/liability when the bill arrives > with an effective date the due date of the bill. Then when you pay all > or part of the bill, the transaction just liability/bank account. No > split transactions involved. (well MAYBE no splits -- besides being > billed for electricity might also have late fees and/or interest > charges. You MIGHT just bundle those into electricity expense but also > might instead might want to see how much you are being hit with late > fees and interest on all your bills). > > Michael D Novack > > Your suggestion is even better and simpler (no splits); I was trying to > > think of how to do it the way you suggest, but somehow confused myself and > couldn't figure out what the two transactions would look like. (I don't > know what I was thinking; it's perfectly obvious today). > > > > -- > If you need end-to-end encryption, I have a PGP Key > > > > <https://www.avast.com/sig-email?utm_medium=email&utm_source=link&utm_campaign=sig-email&utm_content=emailclient> > Virus-free.www.avast.com > <https://www.avast.com/sig-email?utm_medium=email&utm_source=link&utm_campaign=sig-email&utm_content=emailclient> > <#m_9186116780687242860_DAB4FAD8-2DD7-40BB-A1B8-4E2AA1F9FDF2> > -- _________________________________ Richard Losey rlo...@gmail.com Micah 6:8
_______________________________________________ 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.
