Re: [GNC] Accounting for a pre-paid electronic toll card

2022-10-19 Thread Tony Vanson
Thank you all for the information that has cleared my brain fog. :-) On Tue, Oct 18, 2022 at 11:26 PM Fred Bone wrote: > On 18 October 2022 at 22:54, Tony Vanson said: > > > I'm hoping that someone on this list can aid my befuddled brain to get to > > grips with my problem. The tolling system he

Re: [GNC] Accounting for a pre-paid electronic toll card

2022-10-18 Thread devaps
Glad to hear your problem is resolved, Tony. Cheers. Sent using the mobile mail app On 19/10/22 at 9:45 AM, Tony Vanson wrote: From: "Tony Vanson" Date: 19 October 2022 To: dev...@asia.com Cc: gnucash-user@gnucash.org Subject: Re: [GNC] Accounting for

Re: [GNC] Accounting for a pre-paid electronic toll card

2022-10-18 Thread Tony Vanson
Thank you Devaps, that clears my head 🤕 On Tue, Oct 18, 2022 at 11:25 PM wrote: > You can treat it like a pre-paid card, so it resides under Assets. > > So you have - > > Assets->Bank Account > Assets->Toll pre-paid card > Expenses->Toll > > When you top up the card, record a transfer between th

Re: [GNC] Accounting for a pre-paid electronic toll card

2022-10-18 Thread Fred Bone
On 18 October 2022 at 22:54, Tony Vanson said: > I'm hoping that someone on this list can aid my befuddled brain to get to > grips with my problem. The tolling system here is not the automated ones > I'm used to. Here one needs to obtain an electronic card and, once done, > must be charged with a

Re: [GNC] Accounting for a pre-paid electronic toll card

2022-10-18 Thread devaps
You can treat it like a pre-paid card, so it resides under Assets. So you have - Assets->Bank Account Assets->Toll pre-paid card Expenses->Toll When you top up the card, record a transfer between the 2 asset accounts above. When you pay toll, record a transfer from Assets->Toll pre-paid card to

Re: [GNC] Accounting for a pre-paid electronic toll card

2022-10-18 Thread Kevin Reid
On Tue, Oct 18, 2022 at 8:54 AM Tony Vanson wrote: > Here one needs to obtain an electronic card and, once done, must be > charged with a cash value prior to travelling and topped up with cash on a > regular basis. > My question is what category is this card and how do I treat additions and > sub

Re: [GNC] Accounting for a pre-paid electronic toll card

2022-10-18 Thread Gyle McCollam
I would treat it as an asset. When putting money on the card you would debit the card and credit checking or credit card, however you pay for it. When traveling you would debit tolls or auto expense or similar account and credit the card. Sent from Samsung Galaxy smartphone. Or