At Wed, 28 Aug 2019 15:39:43 +0300 Haim Roman <haim.ro...@gmail.com> wrote:
> > Got it. Seems obvious now ⺠If it is a straight checking account debit card AND you are not concerned about keeping separate track of checks, EFTs, and debit card use, you don't really need a separate GnuCash "account" for the debit card. I put all of the checking account debit card uses in my checking account account, just without a check number. Ditto for EFTs and other direct payments (eg online banking billpay or other sorts of transfers). The only debit card I bother to have its own account for is my PayPal debit card, since it can hold a balance of its own. > Thanks > _______________________________________________________________ > Howard (Haim) Roman -- haim.ro...@gmail.com -- 052-8-592-599 -- > ÃÂÃÂÃÂàèÃÂÃÂà> LinkedIn: https://www.linkedin.com/in/haimroman > > > > On Wed, Aug 28, 2019 at 3:27 PM Gary Holtum <diamondhranc...@earthlink.net> > wrote: > > > First you need to fund the debit card. $ has to come from somewhere. Then > > you use the debit card to purchase many different things. > > > > > > > > One transaction to fund card, then many transactions to expense acctâÂÂs > > when you use it. > > > > > > > > Similar to what you do with a credit card. Use it many times then make one > > payment. > > > > > > > > Gary > > > > > > > > *From:* Haim Roman [mailto:haim.ro...@gmail.com] > > *Sent:* Wednesday, August 28, 2019 8:15 AM > > *To:* Gary Holtum > > *Cc:* Gnucash Users > > *Subject:* Re: [GNC] 2 Questions About Debit Cards > > > > > > > > First of all, I want to thank everyone who has responded so far. And > > those might respond in the future. > > > > > > > > *Gary*, did you mean that each use of a debit card involves *two > > *transactions? > > 1st from checking/savings to debit card, and 2nd from debit card to > > expense? > > > > > > _______________________________________________________________ > > Howard (Haim) Roman -- haim.ro...@gmail.com -- 052-8-592-599 -- > > ÃÂÃÂÃÂàèÃÂÃÂà> > > > LinkedIn: https://www.linkedin.com/in/haimroman > > > > > > > > > > > > > > > > On Wed, Aug 28, 2019 at 3:02 PM Gary Holtum <diamondhranc...@earthlink.net> > > wrote: > > > > A debit card is an asset. > > > > You transfer $ from Checking or Savings to Debit card then to Expense acct. > > > > Gary > > > > -----Original Message----- > > From: gnucash-user [mailto:gnucash-user-bounces+diamondhranchqh= > > earthlink....@gnucash.org] On Behalf Of Haim Roman > > Sent: Wednesday, August 28, 2019 5:05 AM > > To: Gnucash Users > > Subject: [GNC] 2 Questions About Debit Cards > > > > Hi. I'm new to GnuCash and to bookkeeping/accounting in general. I have 2 > > questions about debit cards. > > > > (1) I made my debit card account a Liability account, as I did with my > > credit card accounts. In the GnuCash archives, someone wrote a debit card > > should be an Access account. Is that correct? > > > > (2) I envisioned debit card transactions as single transactions with 3 > > stages: Checking to Debit Card to Expense (yes, I have different expense > > accounts). > > But I'm beginning to think that it should be 2 transactions: [a] Checking > > to Debit Card, [b] Debit Card to Expense. > > The 1st deposits into the debit card account, and the 2nd withdraws from > > it. > > Is that correct? > > > > Thanks > > _______________________________________________________________ > > Howard (Haim) Roman -- haim.ro...@gmail.com -- 052-8-592-599 -- > > ÃÂÃÂÃÂàèÃÂÃÂà> > LinkedIn: https://www.linkedin.com/in/haimroman > > _______________________________________________ > > 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. > > > > > _______________________________________________ > 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. > > -- Robert Heller -- 978-544-6933 Deepwoods Software -- Custom Software Services http://www.deepsoft.com/ -- Linux Administration Services hel...@deepsoft.com -- Webhosting Services
_______________________________________________ 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.