Please be patient with me - brand new to this. Household financial stuff. I want to post a "google play" purchase. Should I post as an expense or a liability?
I have accounts open for things like "electricity" and that seems to work just fine, but "google play" looks like it works sort of like a credit card, so I listed it under "liabilities", and that seems to work too. I made the connected account "checking" and it all seems to balance and work. However, what bothers me is that the "google play" entry under "liabilities" is listed as a red negative number. So I have two red negative numbers listed now, one under "liabilities" and one under "google play". Everything balances, so is it okay or should I place "google play" purchases as "expenses"? (I just started gnucash so there aren't any credit card or debit card purchases yet.) The "expenses" stuff gets listed as black positive numbers even though they're an outflow of money just like the "google play" stuff under "liabilities". Maybe it's optional and can be done either way? Confusing. Thank you everybody! _______________________________________________ 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.
