Mike,
Thanks.
I ended up splitting the transaction in my checking account or credit
card, with non-tax-deductible 90% going to expenses:house:utilities,
and the tax deductible 10% going to assets:debts of company to me.
That seems to work, unless I'm missing something. I was able to get
rid of
On 12/15/2019 5:35 PM, Daffy Duck wrote:
Mike,
I figured it out with your suggestions, thanks!
BTW, sorry if I made it more complicated than you might have expected
BUT was assuming that you would want/need to be able to report on what
portion of the electric bill that was not going to be rei
Mike,
I figured it out with your suggestions, thanks!
On Sun, 2019-12-15 at 15:05 -0600, Daffy Duck wrote:
> Mike,
> Sorry, Just a better explanation on my part:
> For instance, the electric bill is paid by credit card, and it is
> transferred from expenses:house:utilities:electric, and may be $100
It will depend upon whether you are maintaining separate books for your
personal accounts and your business accounts and separate bank accounts.
The process Mike described would be appropriate where your books are totally
separate, i.e. you and your business are separate legal entities. From your
Mike,
Sorry, Just a better explanation on my part:
For instance, the electric bill is paid by credit card, and it is
transferred from expenses:house:utilities:electric, and may be $100
So it takes $100 from credit card and transfers to
expenses:house:utilities:electric - I list this account as an e
Mike,
Thanks. If I hadn't learned basic bookkeeping, I wouldn't have been
using gnucash without major issues for the last 15+ years.
I don't think split is the way to go here, because it's mirrored to an
actual transaction(but I could be wrong).
For instance, the electric bill is paid for by the c
Just a periodic reminder about questions like this. We may be able to
help you BUT this is not a question about gnucash, not a question "how
do I do this in gnucash" but how do I set up these accounts/transactions
using ANY method of doing double entry bookkeeping, even the old
fashioned way of
Hello,
I'm trying to set up an account scheme that adequately tracks expenses
that the business reimburses me for due to using a home office. This
is separate from using a business credit card, because only a portion
is reimbursable.
The relevant accounts in my personal book are:
Checking accou