Hello, Thanks Patrick!
Your model makes sense. From the individual ledger point of view, do you also include the interest paid in the transfer to Assets:Receivable:LoanFlat? Or would you transfer it to Expenses:Shared or Expenses:Interest? In the common ledger I still have the issue that the one-off large contribution to the deposit (from Income:Jorge and Income:Partner to Assets:Home:Deposit) is significantly larger than our normal monthly incomes and expenses, so the charts in the income statement are now a bit unreadable. Is there any way around this? What about the monthly contribution, would you create separate income accounts for regular expenses (at 50%) and flat contributions? Thanks again for your help! Kind regards, Jorge On Fri, 26 Nov 2021 at 10:42, 'Patrick Ruckstuhl' via Beancount <beancount@googlegroups.com> wrote: > > Hi Jorge, > > > The way I would model this is, to model the flat itself as an asset and > the contributions to the flat as loans. Something like this > > > Jorge > > Assets:Receivable:LoanFlat > > > Partner > > Assets:Receivable:LoanFlat > > > Common > > Assets:Flat > > Liabilities:LoanJorge > > Liabilities:LoanPartner > > > Because in the end this is not an expense, but a change of "assets". You > "converted" cash into a flat. > > That should solve both your problems. > > One time fees for the purchase would be modeled as expenses but the main > part of the money should be converted into the asset with the value of > the flat. > > > > Regards, > > Patrick > > > On 26.11.2021 11:32, Jorge Martínez López wrote: > > Hi folks, > > > > Just wanted to run this through the group to make sure I'm doing > > things the right way. > > > > I have been using Beancount for a couple of years. I started with a > > single ledger but then moved to two: one to track my own income and > > expenses, the other for shared expenses with my partner (bills and > > groceries). > > > > For the shared expenses every month I transfer some money from my > > personal bank account to our joint account. In my personal ledger that > > goes to "Expenses:Shared:Partner", and in the shared ledger that comes > > from "Income:Jorge" (and Income:Partner for her transfers). > > > > That has worked very well but now there is a slight complication as we > > are going to buy a flat and while we will still pay the bills 50% / > > 50%, I'll be paying a slightly higher share of the flat. > > > > The first hurdle is that now the "Income:Jorge" and "Income:Partner" > > accounts in the shared ledger are not balanced 50% / 50%. I was > > thinking about using separate "Income" accounts for contributions to > > the flat or perhaps using tags to exclude tagged transactions in the > > fava dashboards but I can't find the way to do it. Moreover, I guess > > that I'd also need subaccounts on the "Expenses" and "Liabilities" > > accounts (for interests and mortgage)? > > > The other thing that doesn't look entirely right is that as soon as we > > transfer the money for the deposit into the joint account the scaling > > of the Fava charts went much higher so our normal income and expenses > > are now almost invisible. Which makes me think... Perhaps I'm doing > > this wrong and should track the flat on a separate third ledger? > > > > I'm hoping this is a rather common scenario and most folks have > > cracked this. I'd appreciate your thoughts on this. > > > > Kind regards, > > Jorge > > > > -- > You received this message because you are subscribed to the Google Groups > "Beancount" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to beancount+unsubscr...@googlegroups.com. > To view this discussion on the web visit > https://groups.google.com/d/msgid/beancount/13cfdb77-8fbc-d0e7-671c-867cbe158971%40ch.tario.org. -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to beancount+unsubscr...@googlegroups.com. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/CAF%2BwLioQ0%3DcBano-sMTYNOjRHXAp17oKPoaskrWsr8_3ouZqtA%40mail.gmail.com.