I came to entering a credit card payment, which I enter as a split transaction with line items for every line item in the credit card bill, after I had spent many laborious minutes entering 50 or 60 line items I accidentally hit enter and all of my work was deleted.
Stop right there. NOT a split transaction at the time you make a payment on your credit card debt. THAT is a simple "transfer" transaction, debit credit card and credit bank account.
Those things you purchased with your credit card? Those became expenses when you used your credit card to purchase them. debit to the [particular expense account and credit to the credit card << if you had paid by check or cash from your wallet, would be credit bank account or credit wallet >>
You were thinking about CASH FLOW which is different << you can be "in the black" in your books but in trouble with a cash flow crunch or be fine (for now) as far as cash flow goes but deep in the red for the long term. Separate things. >>
Gnucash is proper double entry bookkeeping. You need to get a good grasp of the fundamentals of double entry bookkeeping and concepts of accounting. Nothing advanced or fancy, just the fundamental. If what I have written about entering (these) transactions isn't making sense to you, reread the tutorial.
Michael D Novack _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
