On Tue, Oct 15, 2013 at 01:40:23PM -0700, Mayeu M wrote:
> I manage the common expense between my girlfriend and me (like rent, food,
> car expenses, etc...), but I found my method suboptimal and I am
> wondering^Wpretty sure there is some easier/smarter way to handle it.
Hi Mayeu,
You can create a transaction to record the debt in your personal ledger:
2013/10/02 Grocery Shopping
Assets:Debit Card -$100.00
Expenses:Groceries $50.00 ; My Groceries
Assets:Accounts Receivable:GF $50.00 ; GF's Groceries
And a transaction to record its payment:
2013/10/03 GF Repayment
Assets:Cash
Assets:Accounts Receivable:GF -$50.00
Then you can just run the register command on the AR:GF account to show
your girlfriend what she owes you money for.
In the case that she pays for something, you can record it as one of
your liabilities:
2013/10/02 Clothes Shopping
Expenses:Clothes $75.00
Liabilities:GF -$75.00
Periodically, before you ask your girlfriend to pay off her debt to you,
you can balance out your accounts:
2013/10/03 Balance books
Liabilities:GF =$0.00
Assets:Accounts Receivable:GF
I use transactions like this to manage my own in-family debt, but
they're also standard business-style debt/credit transactions so they're
flexible enough to be used in other situations too.
-Dave
--
David A. Harding
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