> 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
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
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
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
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