On 5/29/2021 10:28 PM, flywire wrote:
If most transactions are to be moved to one account it can be worth renaming
the account and moving out the other transactions.
Good advice. When splitting an account (one account becomes two) a
little planning ahead can greatly reduce the amount of work,
Arman
Equity is not the way to go to do this. All of the funds are assets and
since they are in a single bank account the obvious way is to have 3 sub
accounts of the main asset bank account which could simply be a placeholder
Assets:Bank Account
Assets:Bank Account:Arman
Assets:Bank Account:Wife
My wife and I would like to separate our individual money from the money
that is "communal". Every month, we take 80% of our salaries and deposit
them into a communal account, leaving 20% as pocket money for ourselves.
So for example, if I make $1000 in one month and my wife makes $2000, then
I wo