Your suggested "In Transit" account is a common solution to quite a few double-entry accounting problems, and is called a "clearing account". And yes, you generally only need one such account in each currency.
Hartmut W Sager On Tue 03 Mar 2026 at 04:27:17 -06:00, Kevin Buckley via gnucash-user <[email protected]> wrote: > On Tuesday, March 3rd, 2026 at 02:51, Peter West via gnucash-user > <[email protected]> wrote: > > > > I suppose that for affected accounts, you could create a sub-account > > “Pending” > > and post the initial transaction to the instantaneous account and to the > > Pending > > sub-account of of the “slow” account. The balance on the slow account will > > show > > you what the immediate future holds for that account. When the pending > > amount > > reaches the slow account, post between the Pending and actual accounts. > > The balance will not change, and you will have a record of the actual > > process. > > The reconciliation process would have to ignore the Pending sub-account > > values. > > I don’t know whether it will do this. > > Would pretty much suggest the same, but consider having just the > one intermediate account, named say, > > In Transit > > outside of the two - source and destination - accounts. > > I'd also suggest that there is no need to wait until the monies > arrive in the destination account to post that part of the > transaction. You can always change the date once it's arrived. > > Perhaps create the "In Transit" to "Slow" transaction with the > day after the "Fast" to "In Transit" date, so that it appears > below the "today line" in the Register. > > For those of you old enough to have sent "cheques in the post", > this will seem like teaching granny to suck eggs! > > > > _______________________________________________ > 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. > _______________________________________________ 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.
