Hi Yuri,
I see your point and you are right that using the second entry below would be
simpler and record the fact that I owe ‘DF’ 3 euros. But using the first entry
below allow me to also record the total amount of the expense if later on we
all want to remember how much was the parking. Using only the comment would be
an alternative too. The only real problem with the first entry is the fact that
usually liabilities are negative, right? Maybe I could find a better name? The
‘Payable:DF’ is to record the moneys that ‘DF’ owes to me.
2023/01/07 Hotel Braga Parking
Expenses:Parking EU 3,00
Liabilities:DF EU 3,00
Assets:DF EU -6,00
versus
2023/01/07 Hotel Braga Parking
Expenses:Parking EU 3,00 ; total was 6,00
Liabilities:DF
> On 11 Jan 2023, at 12:42, Yuri Khan <[email protected]> wrote:
>
> No. If you, Bob, Nancy, and Joe each ate a $10 lunch and Joe paid $40
> for it, you owe Joe 10 bucks and that’s it.
>
> 2023/01/02 Sample
> Expenses:Food $10
> Liabilities:Joe $10
>
> Everything else is Joe’s own concern.
>
> Alternatively, if you volunteered to keep track of everyone’s debts,
> you can pretend that Bob and Nancy owe you $10 each, and you owe that
> + your share to Joe:
>
> 2023/01/02 Sample
> Expenses:Food $10
> Assets:Bob $10
> Assets:Nancy $10
> Liabilities:Joe
>
> Just be sure to notice if/when Bob repays his debt to Joe so you can record
> it:
>
> 2023/01/03 Sample
> Liabilities:Joe $10
> Assets:Bob
>
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