Re: [GNC] 2 Questions About Debit Cards

Haim, If the money is transferred in advance to the card, then the card is an asset and is a ‘pre-paid’ card similar to gift cards. (the fact that a credit card network like VISA might process the transaction isn’t relevant to this question) If the money is drawn from checking to ‘pay’ for

Re: [GNC] 2 Questions About Debit Cards

; > > LinkedIn: https://www.linkedin.com/in/haimroman > > > > > > > > > > > > On Wed, Aug 28, 2019 at 3:02 PM Gary Holtum < > > diamondhranc...@earthlink.net> > > > wrote: > > > > > >> A debit card is an asset. > > >&

Re: [GNC] 2 Questions About Debit Cards

gt; > >> You transfer $ from Checking or Savings to Debit card then to Expense > acct. > >> > >> Gary > >> > >> -Original Message- > >> From: gnucash-user [mailto:gnucash-user-bounces+diamondhranchqh= > >> earthlink@gnucash.org] On Beha

Re: [GNC] 2 Questions About Debit Cards

> > *From:* Haim Roman [mailto:haim.ro...@gmail.com] > > *Sent:* Wednesday, August 28, 2019 8:15 AM > > *To:* Gary Holtum > > *Cc:* Gnucash Users > > *Subject:* Re: [GNC] 2 Questions About Debit Cards > > > > > > > > First of all, I want t

Re: [GNC] 2 Questions About Debit Cards

On 8/28/2019 5:52 AM, Haim Roman wrote: I get separate statements for the checking account & debit card. On the checking account, it just notes that money was transferred to the debit card. It's the debit card statement that says to whom I paid. In addition, sometimes the checking statment

Re: [GNC] 2 Questions About Debit Cards

. Use it many times then make one > payment. > > > > Gary > > > > *From:* Haim Roman [mailto:haim.ro...@gmail.com] > *Sent:* Wednesday, August 28, 2019 8:15 AM > *To:* Gary Holtum > *Cc:* Gnucash Users > *Subject:* Re: [GNC] 2 Questions About Debit Cards

Re: [GNC] 2 Questions About Debit Cards

then make one payment. Gary From: Haim Roman [mailto:haim.ro...@gmail.com] Sent: Wednesday, August 28, 2019 8:15 AM To: Gary Holtum Cc: Gnucash Users Subject: Re: [GNC] 2 Questions About Debit Cards First of all, I want to thank everyone who has responded so far. And those might respond

Re: [GNC] 2 Questions About Debit Cards

I get separate statements for the checking account & debit card. On the checking account, it just notes that money was transferred to the debit card. It's the debit card statement that says to whom I paid. In addition, sometimes the checking statment notes a *single *transfer to the debit card

Re: [GNC] 2 Questions About Debit Cards

Is your debit card account a separate account at the bank, or is the card just a way of taking money out of the chequeing acct? Colin On Wed, 28 Aug 2019 at 09:58, Haim Roman wrote: > > Hi. I'm new to GnuCash and to bookkeeping/accounting in general. I have 2 > questions about debit cards. >

Re: [GNC] 2 Questions About Debit Cards

> On 28 Aug 2019, at 10:05, Haim Roman wrote: > > Hi. I'm new to GnuCash and to bookkeeping/accounting in general. I have 2 > questions about debit cards. > > (1) I made my debit card account a Liability account, as I did with my > credit card accounts. In the GnuCash archives, someone wrote

[GNC] 2 Questions About Debit Cards

Hi. I'm new to GnuCash and to bookkeeping/accounting in general. I have 2 questions about debit cards. (1) I made my debit card account a Liability account, as I did with my credit card accounts. In the GnuCash archives, someone wrote a debit card should be an Access account. Is that correct?