On Wed, Apr 06 2011, Michael Norrish wrote: > On 6/04/11 6:24 PM, Eric Abrahamsen wrote: >> I'm getting used to the more complex usages of Ledger, and have a little >> scenario that I hope someone will help walk me through. I'm running >> Ledger 3. >> >> I have a small company with a few employees, we've just gotten started. >> I'm a terrible boss -- I was unable to pay salaries for the first couple >> of months. To make it up I paid part of the salaries out of my own >> personal account. Later our revenue stream kicked in, and I paid myself >> back for the salaries.
[...] > How about > > 2011/01/01: > Expenses:Salaries:Bob 5000 RMB > Liabilities:Deferred Salaries > > 2011/02/01: > Expenses:Salaries:Bob 5000 RMB > Liabilities:Deferred Salaries > > 2011/02/20: > Assets:Bank Account 10000 RMB > Liabilities:Owe Founder > > 2011/02/20: > Liabilities:Deferred Salaries 20000 RMB > Assets:Bank Account > > 2011/03/05: > Assets:Bank Account 20000 HKD > Income:Project1 > > 2011/03/06: > Liabilities:Owe Founder 10000 RMB > Assets:Bank Account -500 HKD Thanks for the quick and helpful answer! I like the usage of Liabilities, that definitely seems right. I guess I was originally wondering if there was something I should be doing with effective dates, because doesn't the above make it look like money is actually changing places on January and February first? Or am I misreading this? E
