On 9/19/2019 9:20 AM, [email protected] wrote: >> How does one debit and credit for a bank check when the person/company >> doesn't want to accept a personal check? I usually forgo reality and just >> record that I sent the personal check directly to the individual, but that's >> not exactly what happens. >> > > I think this depends on how fancy you want to be. Perhaps not unrelated > to how you enter OTHER "check" transactions for which there is no check > number like automatic payments, one time electronic payments, etc. > > IF the money (for purchase the bank check) came from the checking > account, I'd probably treat is as a numberless check putting into the > description column something like "bank check to......." instead of just > the payee. > > Michael D Novack > Mike,
That's the way I was doing it previously, but persuaded myself that I should track it "properly." My original question meant, "I give the bank check number 527 for cash or made out to the bank for $75, so Cr Checking, Dr bank. Then they hand me a cashier's check - is that "other income?" Then I give the check to the repair service - what am I to Dr and Cr at that point. As I said, that was my original question, and I withdraw it; I will call check number 527 "Repair Service - Bank Check." That's close enough for personal expenses. Thanks. For what it's worth, I do "number" my electronic payments with the next paper checks in order, then I destroy the paper checks. This allows me to sort by check number and find the payment, though I do add in Notes: "ePay - numbered for convenience." Then I add the pseudo numbers to the balance statement. _______________________________________________ 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.
