> Message: 2 > From: David Keegan <[EMAIL PROTECTED]> > To: [EMAIL PROTECTED] > Subject: How do I do this? > Date: Tue, 26 Sep 2000 19:55:21 +0100 > > Hi, > > I am considering using gnucash to track family finances. Apart from > the usual things, I need to record money owed by me to my wife and > vice versa. > > If for example my wife buys some food, the transaction should hit her > bank account and the food expenses account in the normal way, but as I > am responsible for food expenses, I want at the same time to record > the fact that I now owe her the amount she spent on food. > > Obviously I can use another account to represent the money I owe my > wife, and enter a second transaction which hits this account and some > other "balancing" account. This is a bit cumbersome as it involves > entering two transactions instead of one. > > Is there a more streamlined way I can do this? > > Thanks, > David. > You can use traditional accounting principles to do this. Consider cash account as only your cash. So your wife is now a creditor for all cash she spends on your behalf. The accounting entry then sahll be : Expenses a/c dr to mrs keegan a/c ( you will have to open this a/c) if you spend on her behalf debit to her account not to expenses. Regards Amit _______________________________________________ gnucash-devel mailing list [EMAIL PROTECTED] http://www.gnumatic.com/cgi-bin/mailman/listinfo/gnucash-devel
