GnuCash - User mailing list wrote
> Hi Randix,
>
> OK, I misunderstood the $1000.00. Here is how I would do it.
Just wanted to do a quick reply that after spending many hours last night, I
basically followed what you laid out and have it working perfectly for my
needs, although I'm sure
I think you are overcomplicating the issue by recording the appllication for
the refund from the MRA account. No money chnages hands at this point so you
could record paying the Doctors bill as
Asset:Check Credit $100
Expense:Medical Debit $100
When you receive the
Hi Randix,
OK, I misunderstood the $1000.00. Here is how I would do it.
1 You have set up asset accounts for MRA and checking account.
2. You have set up an income account for MRA income. (I'm not sure if that is
treated as income in US but it's going to work)
3. You have set up a medical
I’ll start off with this: you really need to talk to a CPA.
Now, here’s how I would approach this...
The answer you are looking for involves both real and virtual entries, so
you’ll need more accounts if you want to do this all in GnuCash. (you could
alternatively track the MRA balance in a
Don’t do this unless you are going to create customers for each MRA and then
create invoices when you file reimbursement claims. GnuCash treats the A/R
account type specially and doesn’t like it when you create splits in one
outside of the business subsystem.
Regards,
John Ralls
> On May 13,
Hi Randix; you can try using the Business features and see if they work for
you, or use an intermediary 'asset'-type account (or more accurately,
account receivable).
1-Jan:
Income:MRA -$1000
Asset:MRA +$1000
5-Jan: visit Doctor123
Asset:Checking -$100
Expense:Medical +$100
10-Jan: submit claim
Thanks for your suggestion.
Unless I'm misunderstanding, what you propose would work fine if one was not
interested in keeping track of the current balance(s) in the various MRA
accounts. I need to keep track of the balances, as I need to know which MRA
account still has credit balances to which
1. Pay the $100 .credit chequing, debit medical expense.
2. Submit claim...debit MRA account,, credit medical account.
3. Receive reimbursement. Deposit into chequing account. Debit chequing, credit
MRA.
Everything is now back to zero and you have a transaction history of what
happened.
I've been stumbling around with a particular issue for several years, and
figure I need to finally clean up how I enter the amounts in question, once
and for all... honestly, I'm stumped...
I do contract work all over the country. When I do contract work in lovely
(sarcasm) San Francisco, they
