On Wednesday, July 1, 2020 at 7:01:54 PM UTC-4 Anthony BARKER wrote:
> 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/e340d51f-c288-4dda-8c79-41751faceec0n%40googlegroups.com.
