Hello, I just want to apologize, somehow the subject of this thread escaped my mind maybe because the OP’s post I bit not understandable.
I obviously know what split transactions are and yes, if one account remains unsplit I would go from there. Kind regards Christian Kluge Am 12.02.2019 um 21:40 schrieb Michael or Penny Novack: > On 2/12/2019 2:49 PM, Christian Kluge wrote: > > Sorry, I made the assumption that since talking about "splits" you > already knew about entering "split transactions. Your example below, > showing it as multiple transactions, indicates otherwise. So taking your > example (a $100 expense paid for by $50 cash and a $50 loan ...... > > As I said, start with the UNSPLIT side. So I would enter from the > expense account, date, description, amount, and then instead of entering > the account of the other side (can't, more than one, that's what "split" > means) I would click on "split" above. > > That brings up a different view for THAT transaction. There would be a > line for the debit (the expense account) with $100 and below that a line > also with $100 but "Imbalance" since account not yet specified. I would > change the amount on that line to $50 and enter cash for the account and > hit enter. That brings up a new line below with the new balance still > unspecified, still $50 and Imbalance. I specify the account "loan" and > hit enter, now no balance remaining, and enter again restores the view > << you no longer see the split details in that view >> > > Advice --- do not shortcut and hit that last enter twice quickly. You > want to see/confirm that there was no balance for Imbalance remaining. > > THAT describes a "one sided split" transaction. Do not attempt a > transaction split on both sides until/unless you are very experienced > entering splits << entering two sided often can mean first "lying" about > an amount and correcting that only after the other side of the > transaction has been done >> > > Michael D Novack > > >> Am 11.02.2019 um 22:15 schrieb Michael or Penny Novack: >>> On 2/11/2019 2:40 PM, Christian Kluge wrote: >>>> Hi, >>>> >>>> my general rule of thumb is to always entering from an asset or >>>> liability account. >>>> >>> The proper "general rule" for a (one side) split transaction is to >>> enter it from the side (debit or credit) that is NOT being split. That >>> this is most often either and asset or a liability account just the >>> consequence of that most often the side of the transaction not being >>> split. >>> >>> Starting with an account on the side of the transaction being split will >>> make entry almost as difficult as entering a transaction that is split >>> on both sides. >>> >>> You need an example? Say you are paying for your share of an expense X >>> and the person you are sharing with allows you to pay part in cash and >>> owe the rest. You would begin this split from the expense account (the >>> credit side being split between cash (asset) and loan (liability) >>> >> This I would enter as either three transactions: >> >> By expense to liabilities $100 >> By liabities to cash $50 >> By liabilities to loan $50 >> >> or if I assume that the loan exists even before I pay in cash: >> >> By expense to loan $100 >> By loan to cash $50 >> >> Also who wants to change accounts all the time. >> >> If I recording cash transactions I don’t go into revenue or expense >> accounts but stick with cash. >> >> I my examples above several expense/liability transactions would occur >> before I even would post the cash transaction. >> >> Kind regards >> >> Christian Kluge >> >> _______________________________________________ >> gnucash-user mailing list >> [email protected] >> To update your subscription preferences or to unsubscribe: >> https://lists.gnucash.org/mailman/listinfo/gnucash-user >> If you are using Nabble or Gmane, please see >> https://wiki.gnucash.org/wiki/Mailing_Lists for more information. >> ----- >> Please remember to CC this list on all your replies. >> You can do this by using Reply-To-List or Reply-All. > > _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
