Thank you - short and sweet - and confirms that I need an additional asset account. Cheers
On Thu, Jun 28, 2018 at 5:46 PM, Christopher Lam <christopher....@gmail.com> wrote: > You are effectively doing a split transaction. > > Assets:Bank -$1250 > Assets:Staff +$250 (sundries) > Expenses:Staff +$1000 (salary) > > As the staff member spends appropriately, transfer from Assets:Staff to > Expenses:Various > > C > > > On 28/06/18 18:31, Tony Vanson wrote: > >> Thank you for your patience >> Yes, I guess, in this instance, it could be considered as a type of >> temporary loan for her to pay the bills. However, my thoughts are, that if >> I change the current classification of Expenses:Staff to Current >> Assets:Staff, when I pay her salary I'm decreasing an Asset (Bank Account) >> but would also be needing to decrease another asset account Current >> Assets:Staff. Am I wrong in assuming that this cannot be done? >> >> By "transferred from savings to Staff Account" I meant when salary payment >> is made (usually in cash) it is from my Current Assets:Bank Account:Cash >> in >> Wallet with the offsetting account being Expense:Staff Account" >> Cheers >> >> >> On Thu, Jun 28, 2018 at 2:57 PM, Maf. King <m...@chilwell.net> wrote: >> >> On Thursday, 28 June 2018 08:46:41 BST Tony Vanson wrote: >>> >>>> Thanks again. Normally the staff salary would be simply paid from my >>>> Current assets:Bank Account to Expenses:Staff as they become due. >>>> Similarly with the other payments from my Current:assets:Bank Account to >>>> the various other expense account: e.g. Expenses:Pool etc. etc. >>>> Cheers >>>> >>>> Hi Tony, >>> >>> That all makes perfect sense - so have you "loaned" the money to cover >>> the >>> time you are away directly to an employee? (ie into someone else's >>> personal >>> account) >>> >>> I'm trying to understand what you mean by "transferred from savings to >>> Staff >>> Account" in your OP. >>> >>> But yes, it seems to me in summary you want the Staff Account to be an >>> asset - >>> if there is unused money at the end of your trip in the Staff Account it >>> will >>> be returned to you, just as if you put it in some other temporary bank >>> account >>> (or notes in a shoe bux under the bed!) Expenses txns then go from the >>> new >>> asset account to the expense accounts, very much as you do at present. >>> >>> Maf. >>> >>> >>> >>> >>> >> > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. -- *Tony Vanson* *The older I get,* *the better I was* _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.