Hey all,
Sorry for the re-send; sometimes I hate webmail interfaces, I tabbed and
then hit the space and sent the mail accidentally. :)
My wife and I are starting to use coupons and other such discounts to try to
save money. I would like to track how much we are saving by using such
things. The question, then, is how would I form a ledger entry to properly
track it?
drewr on #ledger suggested that I make coupons an asset. I'm not entirely
sure how to do this right to handle the double-entry accounting. Here's a
thought, but I don't know if it is conceptually clean:
2009/08/07 Grocery Store
Expenses:Food $15.00
Expenses:Food $-5.00
Assets:Coupons $5.00
Assets:Coupons $-5.00
Assets:Checking $-10.00
So, at the time of the transaction, the coupon becomes an asset to me --
since it really isn't an asset until I can use it. This way, the food
expense is correct and the coupons balance out.
Does this make sense or is there a better way?
--
Travis B. Hartwell
Software Toolsmith
Blog:
http://www.travishartwell.net/blog
Where to find me:
http://www.travishartwell.net/blog/static/where_to_find_me
--
Travis B. Hartwell
Software Toolsmith
Blog:
http://www.travishartwell.net/blog
Where to find me:
http://www.travishartwell.net/blog/static/where_to_find_me
