Dear John, dear Craig, 

thanks for the answers. Apologies for these starter questions, I am fairly 
new to ledger. One additional question regarding ledger I have though 
regarding scheduled transactions: Are you talking about auxiliary dates or 
writing transactions in the future? In these cases this method would be of 
little use for me as I oftentime don't know exactly when certain 
Liabilities have to be met. 

Best regards, 

Philipp

Am Samstag, 17. Januar 2015 00:17:14 UTC+1 schrieb Phil Gee:
>
> Hi all, 
>
> I have a new question: 
>
> Currently I would like to optimize my Journal File so that monthly 
> liabilities do not need to be written every month. Thus my former 
> "preamble" of the Journal file:
>
> 2015/01/01 * Opening balances for January 2015
> Assets:Checking   €2500.00
> Liabilities:MasterCard €-200
> Liabilities:Savings    €-250.00
> Liabilities:Rent            €-600.00
> Liabilities:Loan   €-120.00
> Equity
>
> I have changed to this one: 
>
> ~ Monthly from 2014/12/01
>         Liabilities:Savings            €-250.00
>         Liabilities:Rent                    €-600.00
>         Liabilities:Loan                    €-120.00
>         Assets 
> 2015/01/01 * Opening balances for January 2015
> Assets:Checking €2500
> Liabilities:MasterCard €-200
> Equity
>
> Lets say, that I had a later transaction where I payed my rent:
>
> 2015/01/10 * Rent
>         Liabilities:Rent                     €600.00
>         Assets:Checking
>
> If I check the Balance reports, I get for the first version this one:
>             €1900.00  Assets:Checking
>            €-1330.00  Equity
>             €-570.00  Liabilities
>             €-120.00    Loan
>             €-200.00    MasterCard
>             €-250.00    Savings
> --------------------
>                    0
>
> but for the second version that one:
>  
>             €1900.00  Assets:Checking
>            €-2300.00  Equity
>              €400.00  Liabilities
>             €-200.00    MasterCard
>              €600.00    Rent
> --------------------
>                    0
>
> Thus though I see that I spent my rent the monthly liabilities are not 
> expressed in the report. Can someone tell me where I make an error? 
>
> Best,
>
> Philipp
>

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