: Adrien Monteleone; David T. via gnucash-user
Subject: RE: Outgoing personal loan clarification
So..which way?
On Nov 2, 2017 9:59 AM, "Tony Vanson" wrote:
Thanks to everyone. My problem is solved.
Cheers
Sent from Mail for Windows 10
From: Adrien Monteleone
Sent: Thursday, 2 November
So..which way?
On Nov 2, 2017 9:59 AM, "Tony Vanson" wrote:
> Thanks to everyone. My problem is solved.
> Cheers
>
> Sent from Mail for Windows 10
>
> From: Adrien Monteleone
> Sent: Thursday, 2 November 2017 10:59 PM
> To: gnucash-user@gnucash.org
>
Thanks to everyone. My problem is solved.
Cheers
Sent from Mail for Windows 10
From: Adrien Monteleone
Sent: Thursday, 2 November 2017 10:59 PM
To: gnucash-user@gnucash.org
Subject: Re: Outgoing personal loan clarification
I think the usual structure there would be:
Assets:Current Assets:Other
I think the usual structure there would be:
Assets:Current Assets:Other Current Assets:Short Term Loans
You could then have separate accounts under Short Term Loans for each person
you’ve loaned to.
And as noted by others, income accounts do not enter the picture. This is not
new money. An ass
I’d think:
11th: Regular 2-split
Assets:Cash -$300
Expenses:Payroll $300
25th: Multisplit
Assets:Cash -$50
Assets:Loan:Employee -$250
Expenses:Payroll $300
The loan repayment is simply a transfer between ‘Money owed’ asset account to
your bank account.
Some concerns will be whether you wish t
It m not be correct accounting, but I would have set up a checking account
using the borrowers name. Transfer the 2000 from your account to the new
one, then as they make payments, transfer from their account back to yours.
When it reaches 0, you can delete it or just leave it.
On Nov 2, 2017 1:36
On 2 November 2017 at 08:19, Tony Vanson wrote:
> Hi all,
> First time here, so please excuse my accounting ignorance.
> Whilst I understand some of the GnuCash basics, I have a problem which I’m
> hoping I can get some help on.
> I’m currently residing overseas and we employ a staff member.
> Th