I keep PDF's of monthly credit card statements and lots of other important things on a dedicated server on my LAN, backed up offline. I do have a spreadsheet tracking which items are on this server. All of that was started even before I started using GnuCash, and there is no need to put that information into GnuCash.
On Sun, May 1, 2022 at 7:24 PM Jim DeLaHunt <[email protected]> wrote: > On 2022-05-01 16:27, Smartner LLC wrote: > > > …I tend to maintain the following structure for every credit card > > > > Liability:<Bank><Product>Credit Card > > Liability:<Bank><ProductCreditCard:Statements > > Liability:<Bank><ProductCreditCard:Transactions > > > > This helps me keep the transactions and statements separate and ensure > > that I can track the expenses since the last generated statement > > separately. Meanwhile, I can track total outstanding on the card on > > the rolled up balance for the liability account for the credit card.… > > If that works for you, great. However, it is not the structure I use, > and I don't understand how you use the separation between statements and > transactions. > > My structure is a single GnuCash "account" for > Liability:<Bank><Product>Credit Card. I enter all transactions on that > card in that account. When statements come in, I use the GnuCash > "reconciliation" feature to mark the transactions which the card company > confirms on its statement as "reconciled" in my GnuCash books. The > expenses since the last generated statement are simply those which do > not have the status of "reconciled". The View… Filter… dialogue allows > me to hide all the reconciled transactions if I want. > > What do you do with the transactions in your > Liability:<Bank><Product>CreditCard:Transactions account when the > following month's statement comes in? Do you edit each transaction so > that it moves to the Liability:<Bank><Product>CreditCard:Statements > account instead? That looks to me like more work than using the > reconciliation feature, and I don't see what extra utility it would give > you. > > By the way, I am keeping books for my personal finances and a small > self-proprietership business. My stakes are low, and I have no auditor > to satisfy. I see no need to close my books at the end of the year; some > of my account registers span 10-20 years. > > Best regards, > —Jim DeLaHunt > > _______________________________________________ > 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. > -- David Carlson _______________________________________________ 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.
