Somehow I missed Flavio's original reply but Liz answered the question even so. Thanks!
Also, David's suggestion of the Guide is excellent. It's a fairly good and contains help for many things that folks stumble across. Finally, If you aren't familiar with double-entry accounting systems (QuickBooks and similar often hide the details) then internet search for a quick tutorial on the concepts. That will really help you get the power out of GnuCash! Good Luck, -greg -----Original Message----- From: gnucash-user [mailto:gnucash-user-bounces+fromvendor=outtacyte....@gnucash.org] On Behalf Of David Cousens Sent: Wednesday, September 18, 2024 8:59 PM To: gnucash-user@gnucash.org Subject: Re: [GNC] Credit cards - how to deal with those? Flavio, The tutorial and Concepts guide has a chapter outlining how to deal with credit cards https://www.gnucash.org/docs/v5/C/gnucash-guide/chapter_cc.html . You might find other Chapters in the guide useful https://www.gnucash.org/docs/v5/C/gnucash-guide/index.html. If you are not familiar with double entry accounting the first section titled Basics is an introduction to the concepts involved. There is also a reference manual https://www.gnucash.org/viewdoc.phtml?rev=5&lang=C&doc=help whic h is intended to be more of a button by button interface description but does have sections on some operations particularly importing bank records. David Cousens On Thu, 2024-09-19 at 00:05 +0200, Boniforti Flavio wrote: > Hi Greg and thanks for your reply. > Indeed I see that I already have an account called "Credit Card", > which > type is in fact "Credit Card". > I was trying to "simulate" such a transaction and I got stuck > already: > after entering the amount in the "Charge" column, I don't know which > account I should select from the "Transfer" column. What would be the > correct one? > > Thanks, > F. > > https://www.instagram.com/boniforti_music > https://soundcloud.com/boniforti_music > https://bonny-j.bandcamp.com > > > Am Mi., 18. Sept. 2024 um 23:56 Uhr schrieb fromvendor < > fromven...@outtacyte.com>: > > > Hi there, > > > > I have my Credit Cards set up each to its own account of type > > liability > > (because I owe it eventually) under a parent placeholder called > > "Credit > > Cards". > > > > Each transaction goes into the account appropriate for the card in > > question. When I get the statement (download, however), I > > reconcile the > > card and match up receipts. Once that is done, I "Pay" the card > > (check, > > EFT, however) from my bank account. That reduces the balance in > > the CC > > account (backwards as it's a liability) and also reduces my bank > > account. > > > > Note there are options on how to display a CC type account, I have > > it so I > > enter the transactions on the "Charge" column and the payment in > > the > > "Payment" column. It's still Debit and Credits fundamentally so it > > works > > out. > > > > Anyway, I hope that helps. > > -greg > > > > -----Original Message----- > > From: gnucash-user [mailto:gnucash-user-bounces+fromvendor= > > outtacyte....@gnucash.org] On Behalf Of Boniforti Flavio > > Sent: Wednesday, September 18, 2024 4:43 PM > > To: gnucash-user@gnucash.org > > Subject: [GNC] Credit cards - how to deal with those? > > > > ... and another question from a noob: how to deal with credit card > > transactions? > > I usually would register it the day that I've done the transaction, > > so that > > I can trace each single credit card transaction. Of course I know > > that the > > money has not yet been deducted - it will happen once a month when > > the > > credit card invoice is emitted. But if I would register *only* the > > credit > > card invoice, I would lose track of each individual transaction - > > right? > > So what (for a private individual - no business case here) would be > > the > > most appropriate way to handle this? > > > > TIA, > > F. > > > > https://www.instagram.com/boniforti_music > > https://soundcloud.com/boniforti_music > > https://bonny-j.bandcamp.com > > _______________________________________________ > > gnucash-user mailing list > > gnucash-user@gnucash.org > > To update your subscription preferences or to unsubscribe: > > https://lists.gnucash.org/mailman/listinfo/gnucash-user > > ----- > > 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 > > ----- > > 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 > ----- > 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 ----- Please remember to CC this list on all your replies. 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