Thanks for the fast replies and the example Everything is euro In your screenshot everything looks good but in fava it looks a bit different The plan is to keep everything simple and just charge equity so we know how much each of us put into buying the building. Also we can see the details on the costs if we do another flip down the road.
On Wednesday, July 1, 2020 at 5:33:26 PM UTC-4 [email protected] wrote: > One template for creating a shared project is described here: > > https://docs.google.com/document/d/1FRcJqUfeAMQO6KjG94w6rF7VajMGJaFplmF1Wu0rCHY/ > > Basically, a dedicated ledger is created for the project. > Contributions by each participation is accounted as income postings. > Expenses and Assets are implicitly shared. > > > > On Wed, Jul 1, 2020 at 5:29 PM Tuno Tunante <[email protected]> wrote: > >> 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? >>> >>> -- >>> You received this message because you are subscribed to the Google >>> Groups "Beancount" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to [email protected]. >>> To view this discussion on the web visit >>> https://groups.google.com/d/msgid/beancount/c6f0ce32-4e48-4020-9bab-f189bc12c82fn%40googlegroups.com >>> >>> <https://groups.google.com/d/msgid/beancount/c6f0ce32-4e48-4020-9bab-f189bc12c82fn%40googlegroups.com?utm_medium=email&utm_source=footer> >>> . >>> >> -- >> You received this message because you are subscribed to the Google Groups >> "Beancount" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to [email protected]. >> > To view this discussion on the web visit >> https://groups.google.com/d/msgid/beancount/CAM6BLCyTjR9wgzMDo36M%2BokBG5uKEUBf7nib_jtKu0p6UEOtcQ%40mail.gmail.com >> >> <https://groups.google.com/d/msgid/beancount/CAM6BLCyTjR9wgzMDo36M%2BokBG5uKEUBf7nib_jtKu0p6UEOtcQ%40mail.gmail.com?utm_medium=email&utm_source=footer> >> . >> > -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/beancount/b820d356-79e2-4230-b7b4-3814bc1a059cn%40googlegroups.com.
