Re: [GNC] Convert credit cards as expenses to credit cards as liabilities?

2019-09-14 Thread ornd25
> If you?re going to keep using the simplified method, there?s no point to > changing the account type. > > #1 you?d lose expense tracking entirely for anything spent via the card. > #2 credit card liability would forever be ?negative? (meaning they owe you) > > The simplified method works as y

Re: [GNC] Convert credit cards as expenses to credit cards as liabilities?

2019-09-13 Thread ornd25
If you?re going to keep using the simplified method, there?s no point to changing the account type. > > #1 you?d lose expense tracking entirely for anything spent via the card. > #2 credit card liability would forever be ?negative? (meaning they owe you) > > ... > With the switch you are consid

Re: [GNC] Convert credit cards as expenses to credit cards as liabilities?

2019-09-13 Thread Adrien Monteleone
To be clear, what I meant by ‘download from your card company’ is you might be able to directly import that into GnuCash so you don’t have to type it. The same goes for future transactions. That would get you both proper expense and liability tracking. Most card companies should offer CSV as a

Re: [GNC] Convert credit cards as expenses to credit cards as liabilities?

2019-09-13 Thread Adrien Monteleone
If you’re going to keep using the simplified method, there’s no point to changing the account type. #1 you’d lose expense tracking entirely for anything spent via the card. #2 credit card liability would forever be ’negative’ (meaning they owe you) The simplified method works as you have been do

[GNC] Convert credit cards as expenses to credit cards as liabilities?

2019-09-13 Thread ornd25
Can I convert credit cards as expenses to credit cards as liabilities reasonably easily, or is my best choice to start doing it properly now and leave the old transactions alone? I have just started with GnuCash and have imported and hand-massaged 10 years worth of records from two other financ