On Thu, Mar 22, 2007 at 11:53:59AM -0600, Dave Herman wrote: > Thanks Chris - as I suspected there were simple answers. I will try to > clarify the document. > > Only the label "rebate" did I think might be a "bug", but not very > strongly.
I believe rebate is the correct term for the non-accounting labels for expense accounts. If I buy a $100 printer, I put it in Expenses:Computer Hardware, with a balancing account as my bank account. The $100 goes in the "expense" column. If later I turn in the mail-in rebate for $15, and the company actually sends me the money, when I deposit that check the $15 goes in the "deposit" column of my bank account and the balancing account is the Expenses:Computer Hardware account. It goes in the "Rebate" column, because the rebate effectively reduced the expense of the printer. It is not "income" it's a rebate. --Beth Beth Leonard http://www.LeonardFamilyVideos.com _______________________________________________ gnucash-devel mailing list [email protected] https://lists.gnucash.org/mailman/listinfo/gnucash-devel
