Thank your for your feedback, and Ajoeibin for sharing your story. What a hell of an experience!
This fund is essentially a retirement saving account with fiscal benefits... per person. So each of us must contribute (with a minimum annual amount) to the saving account so we could reach the full fiscal benefits. The "problem" is in the first step (transaction)--money transfer from each individual bank account to the invest bank account. Considering the bookeeping in my *perspective*, see below how I've posted the money transfer (amounts rounded): dr assets:invest bank:checking 2000 EUR cr assets:my day-to-day bank:checking -2000 EUR No changes in my assets. Just moving them around. I did exactly the same with my wife's contribution, that is, dr assets:invest bank:checking 2000 EUR cr assets:wife's day-to-day bank:checking -2000 EUR Then, I am incorrrectly increased "my" assets. Should I consider my wife's contribution as an income? It is not an income, but at least it wouldn't mistakenly increase my assets. Is there a better approach? Thank you. On Thu, Dec 22, 2022 at 11:27 PM Ismael Bouya < [email protected]> wrote: > > Thank you Ismael and Yuri for your feedback. @Ismael, that > "reimbursments > > bucket" is a liability type account, right? > > I handle it separately, since it can go both ways (depending on whether > you owe money or your friend owes money). Jay’s suggestion separates > in two (so one asset and one liability) but it’s up to you if you want > to do it differently > > > How about the following scenario: I received (from my wife) a bank > transfer > > to be redirected (invested) in a fund? (Receiving bank account is just > an > > intermediary account.) Here's the flow of the money in plain English: > > > > 1. money is transfered from wife's checking bank account to investing > bank > > account > > 2. money is transfered from investing bank account to the fund > investment > > I would mark it as "She lent me money", and later "I reimbursed her" > (which is the known scenario already). > From my point of view I’m just a temporary bucket, I don’t care that the > money goes to an investment fund later. If I really want to know that it > went to a fund I’d just mark it as a note or as a payee or a tag. > > If the fund is at your name you probably have a asset:fund bucket, in > which case the scenario is different: here you want (probably?) to track > which part of the fund is yours, and which part is your wife’s. In that > case I’d create a sub-bucket reimbursment:my-wife:fund, and the flow > would be > reimbursment:my-wife -> asset:banking > when she sends me the money and then two transactions > asset:banking -> asset:fund > reimbursment:my-wife -> reimbursment:my-wife:fund > > -- > Ismael > > -- > > --- > 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]. > To view this discussion on the web visit > https://groups.google.com/d/msgid/ledger-cli/20221222232715.47jnc7hxgdisa67n%40dilion > . > -- --- 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]. To view this discussion on the web visit https://groups.google.com/d/msgid/ledger-cli/CAK2FCesS2zwWrP9BKt9kmvR2qZ%2BN7jPSJgM9De05oXwySWJLKQ%40mail.gmail.com.
