Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Maf. King
On Monday, 23 September 2024 18:09:15 BST R Losey wrote: > On Mon, Sep 23, 2024 at 8:20 AM Boniforti Flavio > > > Well, your opening balance for your credit cards should have been whatever > it was on 31 Dec... per your records below, that should have been > 1136.80-252.55 (884.25). Then your c

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Boniforti Flavio
Wow! It worked! :-) Thanks, F. https://www.instagram.com/boniforti_music https://soundcloud.com/boniforti_music https://bonny-j.bandcamp.com Am Mo., 23. Sept. 2024 um 21:03 Uhr schrieb R Losey : > Well, the "convenient" way would just be to delete the payment transaction > and then add an open

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread R Losey
Well, the "convenient" way would just be to delete the payment transaction and then add an opening balance to the credit card account, and re-enter the payment, all going to the credit card. (If the account has been reconciled, you may need to re-reconcile). Purists advocate leaving mistakes and j

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Boniforti Flavio
Thank you Stan for your contribution. I understand that my questions are not GC-related ones, but instead more related to accounting. As I'm no accountant and I'm trying to use GC to keep track of my personal finances and my total wealth, I try to rely on this mailing list for help. So far it worke

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Stan Brown (using GC 4.14)
On 2024-09-23 10:24, R Losey wrote: > It is possible that I am ignorant of "correct" procedure, but it seems to > me that you really did have an opening balance in your credit card of > 884.25, and the payment paid that off as well as the subsequent charges. > > In my (admittedly simple) mind, the

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Boniforti Flavio
mmm... OK, so now it can get very tricky (at least for me) to "revert" this situation. Can I simply change the transaction I entered in the "Equity:Opening Balances" and transfer it to the "Liabilities:Credit Card" account? Or will this mess up something? The actual transaction is a split transacti

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread R Losey
Yes, on my credit card, I had an entry on 31 Dec of the prior year that called "Opening Balance" - the amount is the amount carried forward, and the other account is "Equity:Opening Balances". On Mon, Sep 23, 2024 at 12:30 PM Boniforti Flavio wrote: > mmm... now reading your latest reply I star

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Boniforti Flavio
mmm... now reading your latest reply I start to see it. Indeed I had an open balance (not yet paid) on 31st of December 2023 on my credit card account. Therefore it sounds logical to set the "opening balance" on this account, instead of the "Equity:Opening Balance" account. Trying to do this, I see

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread R Losey
I saw his reply. It is possible that I am ignorant of "correct" procedure, but it seems to me that you really did have an opening balance in your credit card of 884.25, and the payment paid that off as well as the subsequent charges. In my (admittedly simple) mind, the Opening Balance is a kind o

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Boniforti Flavio
Hi Richard. So you suggest setting the opening balance on the "Liabilities:Credit Card" to 884.25 instead of deducting that amount from the opening balance of my "Equity:Opening Balances"? Because the latter is what I did, following Murugan's reply... Thanks for helping me better understand. F. ht

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread R Losey
On Mon, Sep 23, 2024 at 8:20 AM Boniforti Flavio wrote: > Hi list. > Hello, and welcome! > > I don't know how to phrase it with a one-liner, thus the subject line might > be unclear :-( > I'll try to explain. > It was clear > I've started with GnuCash a couple of weeks ago, trying to unde

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Boniforti Flavio
Cordiales > > > Murugan > -- > *From:* Boniforti Flavio > *Sent:* 23 September 2024 12:40 > *To:* Murugan Mariappan > *Cc:* gnucash-user@gnucash.org > *Subject:* Re: [GNC] How to record a transaction which covers a time > period in

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Murugan Mariappan
.25 Saludos Cordiales Murugan From: Boniforti Flavio mailto:bonifort...@gmail.com>> Sent: 23 September 2024 11:44 To: Murugan Mariappan mailto:m.muruganan...@hotmail.com>> Subject: Re: [GNC] How to record a transaction which covers a time period in the past which is

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Boniforti Flavio
rdiales > > > Murugan > > -- > *From:* Boniforti Flavio > *Sent:* 23 September 2024 11:44 > *To:* Murugan Mariappan > *Subject:* Re: [GNC] How to record a transaction which covers a time > period in the past which is not in GnuCash? >

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Murugan Mariappan
: Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash? Hi Murugan. Thanks. So it means I decrease my checking account as well as my Equity "Opening Balance"? F. https://www.instagram.com/boniforti_music https://soundcloud.com/boniforti_m

Re: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Murugan Mariappan
From: gnucash-user on behalf of Boniforti Flavio Sent: 23 September 2024 10:18 To: gnucash-user@gnucash.org Subject: [GNC] How to record a transaction which covers a time period in the past which is not in GnuCash? Hi list. I don't know how to phrase it w

[GNC] How to record a transaction which covers a time period in the past which is not in GnuCash?

2024-09-23 Thread Boniforti Flavio
Hi list. I don't know how to phrase it with a one-liner, thus the subject line might be unclear :-( I'll try to explain. I've started with GnuCash a couple of weeks ago, trying to understand how it works and how I can apply it to my personal finances. At one point I decided to put some real value