Greetings On Sat, Oct 18, 2014 at 4:53 AM, Roland Tepp <[email protected]> wrote: snip
> I do have a credit card from my bank with a predefined credit amount on > it. When I pull out money from the credit card, I decrease the amount of > credit available and increase my liabilities. > > When I pay back more than I owe on this account, then I have just > increased my credit by that amount. > > I have it set up as a liability account, but that does not show me how > much credit I have on the card. > > What is the proper way of representing such accounts so that I could see > how much I owe but also be able to see, how much credit do I have? > When your balance in the liability account is negative you have credit available. (This is one of the joys of double entry accounting IMO.) Dee -- --- 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.
