Hey Matias! I have a big test tomorrow, so I'll post in the weekend how I'm handling it now and try to explain why this is important for financial tracking to Martin in a high inflation context as ours (12.4% monthly inflation now! wow). A quick overview would be Red S answer tho!
On Thursday, September 14, 2023 at 12:34:57 AM UTC matias...@gmail.com wrote: > Hi Franco! I'm from Argentina too, and a beginner with beanacount. > I came to the mailing list with the same question. I was looking something > like "Buy now pay later", as a I think americans says. > I will follow instructions to register "cuotas", as I use them very often > > El viernes, 28 de julio de 2023 a la(s) 20:37:13 UTC-3, francocalvo > escribió: > >> Hey! >> So, in my country we can pay stuff like clothes and many other things in >> interest-free (sometimes) payments from 3 up to 18 months in some cases. >> >> For example, I bought two t shirts for ~10.000 ARS. I'll pay them in >> three installments of 3333 ARS each. >> >> As my currency has high inflation, the actual cost of acquisition is >> lower than 10000 ARS (would be ~8800 ARS), I'd like to have my expenses be >> monthly. I know I could do: >> >> 2023-07-28 * "Buy t shirts" >> Liabilities:CreditCard -10000 ARS >> Expenses:Clothes 10000 ARS >> >> But I'd like to do it in a way that when I see my expenses for the >> months, the expense in clothes is 3333 ARS, not 10000 ARS. >> >> I thought about something like: >> >> 2023-07-28 * "Buy t shirts" >> Liabilities:CreditCard -10000 ARS >> Equity:CreditCard:FutureInstallments 6666 ARS >> Expenses:Clothes 3333 ARS >> >> I don't have an accounting background, and I'm not sure if using the >> Equity account would make sense in this case. When the second installment >> comes around, I'd do: >> >> *balance would be 3333 ARS* >> >> 2023-08-26 * "Paying off balance" >> Assets:Checking -3333 ARS >> Liabilities:CreditCard 3333 ARS >> Equity:CreditCard:FutureInstallments -3333 ARS >> Expenses:Clothes 3333 ARS >> >> Would that be ok? It would show me the correct amount of money that I >> owe, and the correct money I spent in a given month. I'm not sure if I'm >> not shoving the problem down to Equity in this case. >> >> -- 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/9e0890b3-aae1-4cf7-a5e6-024255961de8n%40googlegroups.com.