+1 thanks Patrick I would add that a peculiarity is that this is one of those cases where one posts a negative amount to reduce an expense.
On Thu, Oct 14, 2021, 06:13 'Patrick Ruckstuhl' via Beancount < [email protected]> wrote: > Hi Casey, > > I would book it like this > > 2019-11-30 * "Insurance provider" "" > Assets:BankAccount -500.00 EUR > Expenses:Insurance 500.00 EUR > > 2021-10-14 * "Alice Insurance Loan" "surprise loan from 2019-11-30" > Assets:Receivable:Alice 100.00 EUR > Expenses:Insurance -100.00 EUR > > 2020-11-01 * "Alice" "she pays back her share" > Assets:Receivable:Alice -100.00 EUR > Assets:BankAccount 100.00 EUR > > > basically you reduce the expense and instead it becomes receivable assets. > > Because from an Income/Expense calculation the 100 EUR should be > transparent for you, only from an asset point of view they happen (until > she pays it back) > > > Regards, > > Patrick > > > On 14.10.2021 11:40, Casey Link wrote: > > Hi there, > This is more of an accounting question than a beancount technical > question, but I've seen similar questions before, so I hope it's ok. > > I use beancount to run the bookkeeping for a small local club. > > We have insurance costs every year. > > It turns out that a portion of these insurance expenses included "extra" > coverage for certain members. These members are supposed to payback their > share. > > I need to amend the books to represent the fact that the club is owned > money. > > I know how we *should* have done it, something like this: > > 2019-11-30 * "Insurance provider" "payment for insurance" > Assets:BankAccount -500.00 EUR > Expenses:Insurance 400.00 EUR > Assets:Receivable:Alice 100.00 EUR > > 2020-01-01 * "Alice" "she pays back her share" > Assets:Receivable:Alice -100.00 EUR > Assets:BankAccount 100.00 EUR > > > > The problem is we only booked the expense as a simple expense. > > Is there a way to enter these loans into the ledger such that I don't edit > the past expense transactions? > > I've been trying something like this > > 2019-11-30 * "Insurance provider" "" > Assets:BankAccount -500.00 EUR > Expenses:Insurance 500.00 EUR > > 2021-10-14 * "Alice Insurance Loan" "surprise loan from 2019-11-30" > Assets:Receivable:Alice 100.00 EUR > Assets:Loans -100.00 EUR > > 2020-11-01 * "Alice" "she pays back her share" > Assets:Receivable:Alice -100.00 EUR > Assets:Loans 100.00 EUR > Assets:Loans -100.00 EUR > Assets:BankAccount 100.00 EUR > > This balances, but I still have this Assets:Loans account hanging around > with -100 EUR :( > > Would love some creative tips on how to manage this. > > Thanks! > > Casey > > -- > 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/685c42fc-eacf-4aac-88b1-976040f5a132n%40googlegroups.com > <https://groups.google.com/d/msgid/beancount/685c42fc-eacf-4aac-88b1-976040f5a132n%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/e89e723e-1b2a-399c-a476-a96f00662510%40ch.tario.org > <https://groups.google.com/d/msgid/beancount/e89e723e-1b2a-399c-a476-a96f00662510%40ch.tario.org?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/CAK21%2BhOfquDEQaPkc2OJ-Qfvsz%3DUj05ZwReX7iWk%3DK8n%2BnVwrQ%40mail.gmail.com.
