Hi Anthony,

I don't see any problem. Everything works fine.
Just, if AK paid something for the lawyer fees, should be
Expenses:.... +5000 EUR
if AK put money in a kind of PropertyPrepay go outside the pocket of AK so,
Equity negative and Assets positive.

If I do the new file:

2020-05-01 * "Aquisition lawyer AVOCAT"
Expenses:Unit101:Acquisition:Legal 5000.00 EUR
Equity:AK

2020-06-20 * "payment "
Assets:FR:Unit101:PropertyPrepay +28000.00 EUR
Equity:AB

2020-05-19 * "payment"
Assets:FR:Unit101:PropertyPrepay +20000.00 EUR
Equity:AK

; now Equity:AK = -25000 EUR
; In Assets:FR:Unit101:PropertyPrepay you have 28000 EUR
;

On Wed, Jul 1, 2020 at 11:00 PM Anthony BARKER <[email protected]> wrote:

>
> I am buying a building with a friend AK and can't seem to do the journal
> entries correctly
>
> 2020-05-01 * "Aquisition lawyer AVOCAT"
>     Expenses:Unit101:Acquisition:Legal             -5000.00 EUR
>     Equity:AK
>
>  2020-06-20 * "payment "
>     Assets:FR:Unit101:PropertyPrepay              +28000.00 EUR
>     Equity:AB
>
> 2020-05-19 * "payment"
>     Assets:FR:Unit101:PropertyPrepay               +20000.00 EUR
>     Equity:AK
>
>
> The Equity for AK looks like he only contributed 15000 not 25000
>
> if I make equity positive it balances but there is a huge conversion.
>
> Or do i have to double journal - equity to cash and then cash to expense?
>
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