Yes, this is correct. Jane's "asset" account is to be tracked by herself. From your perspective (the perspective of your ledger), the account is a liability. All accounts are to be treated from your own perspective. Jane's asset is not your asset.
On Sun, Oct 12, 2014 at 3:50 AM, Roland Tepp <[email protected]> wrote: > So, I just started out with Ledger, to get my finances under control. > > As I owed some money to a friend of mine over a small favor, I filed it in > my initial transaction as: > > ... > Liabilities:Debt:Jane Doe -10 EUR > ... > Equity:Opening Balances > > So, now that I payed her back, how should I file it. > > My initial thought was tho file it like this: > > 2014/10/11 Jane Doe > Liabilities:Debt:Jane Doe -10 EUR > Assets:Accounts:Checking > > But then it really just shows my money going to cover for a debt, but not > going to the Jane's account (where it actually will be going) > > So, Is the above method okay, or is there some better way to express such > situations? > > PS - I am really new to all of this, so expect to explain this all to me > patiently as I was 7 years old. > > Thank you for your patience and help. > > > Roland. > > -- > > --- > You received this message because you are subscribed to the Google Groups > "Ledger" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > For more options, visit https://groups.google.com/d/optout. > -- --- You received this message because you are subscribed to the Google Groups "Ledger" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
