Many ways to peel this orange. I’d suggest: 2024-01-01 * "House Purchase" Assets:Bank:Checking -200,000 USD Assets:Bank:Checking -10,000 USD Liability:Mortgage -800,000 USD Assets:House 1,000,000 USD ; The purchase price Expenses:House:ClosingFee 10,000 USD 2024-01-01 * "Seller credit" Assets:Bank:Checking 50,000 USD Assets:House
This way you don’t lose the factiod about having received a credit. Or if you want to deduct it against closing costs first: 2024-01-01 * "Seller credit" Assets:Bank:Checking 50,000 USD Expenses:House;ClosingFee -10,000 USD Assets:House On Thursday, January 4, 2024 at 9:32:20 PM UTC-8 [email protected] wrote: Hi, I have been using beancount to track my family finances for more than 1 year. I just purchased a new house recently. I got 50K credits from my seller. I wonder how can I book a transaction that can reflect the these credits? Without credits, the transaction can be as simple as: Assets:Bank:Checking -200,000 USD Assets:Bank:Checking -10,000 USD Liability:Mortgage -800,000 USD Assets:House 1,000,000 USD ; The purchase price Expenses:House:ClosingFee 10,000 USD But with credits, how should I book this? I feel not right to book the credits as an income. One thing I can think of is directly subtract the credits from the purchase price. But this way I will lose the credits information. Anyone has a good idea how to book the seller credits? Thanks! -- 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/7f1e46ce-77bf-485f-b02f-c6a46fb5275bn%40googlegroups.com.
