Louise, It is not clear from your question the exact context in which this timing difference may occur but accounting generally uses a suspense account as a place to temporarily park trnasactions where the timing can be different in the effects of the transaction entries on different accounts. So when the withdraawl is made (assuming form an asset account) the Asset account is credited and the suspense account is debited. When the second leg of the transaction occurs i.e. tyhe deposit in your example, the suspense account is credited and the account the deposit is made to is debited. The balance of a suspense account should always float around zero as it is a temporary account. Depending on the nature of the transactions involved it can be an asset or liability or even an equity account.
In a business I had I often received cash paymnents from customers which was not always deposited in my bank account immediately. I had an asset account Cash Payments received which was debited when the payment was received with a corresponding entry to the relevant income account. When I deposited the funds, the Cash Payments account was credited and my Bank account debited. That way the income account registered the date the funds were received and the bank account had the correct deposit date. On Sun, 2026-05-03 at 15:27 -0600, Louise wrote: > I would like to ask how you folks deal with the 5 - 7 days between > when > a withdrawal is made, and the resulting transfer is deposited. > > It would be nice to have the withdrawal date and the deposit date > correct, but I see no way of making it happen. > > It is only a small thing, but if I could I would like to remove the > "confusion". > > Any thoughts? > > Louise > > _______________________________________________ > gnucash-user mailing list > [email protected] > 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. -- David Cousens _______________________________________________ gnucash-user mailing list [email protected] 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.
