Perhaps this is more of an accounting question... How are people handling interest payments (incoming), such as from the PayPal money market fund?
I have a PayPal account (configured much like a checking account) in the COA, and my plan to date is to just use an AR transaction for each interest payment I encounter while back entering, just as I plan to use an AP Transaction to vendor "PayPal" for credit card charging fees they assess. So, once I know how much PayPal has paid for that period, I can post an AR transaction for that amount, including a payment. However, if there is a more reasonable way, which does not involve so many AR transactions, I'd be interested in hearing about it. I say "so many", because PayPal is not the only such account we have which does this--some checking accounts do it, as do stock trading accounts. Speaking of stock trading accounts: is anyone here tracking a trading account in LSMB, and if so, what are some of the practices you use for recording transactions in it? Thanks Luke ------------------------------------------------------------------------- This SF.net email is sponsored by the 2008 JavaOne(SM) Conference Don't miss this year's exciting event. There's still time to save $100. Use priority code J8TL2D2. http://ad.doubleclick.net/clk;198757673;13503038;p?http://java.sun.com/javaone _______________________________________________ Ledger-smb-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/ledger-smb-users
