>
> Otherwise, why do we bother do do our own, personal accounting.
>

That's a very broad statement. I do 99% of my transactions using bank or 
credit cards so that is the reason I'm interested in personal accounting. 
I'm interested in the money leaving my bank and entering my wallet but not 
really what it is spent on after that since it's such small amounts in the 
overall picture. Some months I don't even use cash at all. It's also very 
time consuming to track the cash and what it is spent on, especially if it 
is handed to other family members and there are no receipts. So a general 
estimate of when it is used and how much is left is perfect, like Zhuoyun 
Wei suggested.

On Tuesday, April 3, 2018 at 12:47:14 AM UTC-7, Metin Akat wrote:
>
> Yes, IMO this is a much better workflow, as it actually allows you to 
> track something at all :). Otherwise, why do we bother do do our own, 
> personal accounting.
>
> On Tue, Apr 3, 2018 at 10:06 AM, Zhuoyun Wei <[email protected] 
> <javascript:>> wrote:
>
>> Hi,
>>
>> I would recommend this:
>>
>> 1. Make a transfer from Assets:Bank to Assets:Cash every time you
>> withdraw from ATM;
>> 2. Count your money in you wallet from time to time (say, monthly) and
>> use "balance" directive to assert how many money in your wallet;
>> 3. Insert a "pad" directive one day before the "balance" directive to
>> automatically generate a transfer from your wallet to your designated
>> account (e.g. Expenses:RandomStuff) to make the next balance assertion
>> pass.
>>
>> I use the similar procedure for a bank investment account which accrues
>> interest every day. But I don't want to duplicate every interest income
>> in that account because there are no script-friendly way to export data
>> from that bank. So I just assert the balance monthly and pad the
>> difference to "Income:Interest" or something like that.
>>
>>
>> 2018-04-02 21:26:12 Mattijs Hoitink <[email protected] <javascript:>>:
>> > Hi,
>> >
>> > In my ledger I have an asset account for cash set up, used for when I 
>> withdraw from an ATM machine for example. However
>> > I do not keep track of what I spent that money on exactly, I just 
>> assume that when it enters the account (my wallet) it
>> > is spent (from a ledger perspective).
>> >
>> > I'm not interested in keeping track of what I spent it on (I might give 
>> some to my wife etc) so I'm looking for ways to
>> > reset the asset account to empty, otherwise it keeps accumulating. Does 
>> anyone have any recommendations for doing this,
>> > or a particular process?
>> >
>> > Any ideas are welcome!
>> >
>> > cheers,
>> > mattijs
>> >
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>>
>> --
>> Zhuoyun Wei
>>
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>

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