Justin,
One other comment. You do not say whether this fee is being paid to the
utility company or a third party, e.g. bank is imposing it for handling the
transaction. In the latter case, it would make more sense to track it
separately from the charges by the utility company. If it is imposed by
On 08/27/2018 05:39 AM, Justin H Haynes wrote:
> It worked just fine. From the Accounts Payable register, I edited the
> payment transaction and added two splits - 1 from the Liabilities:Credit Card
> account to pay the fee, and 1 to the Expenses:Fees. In the reference field,
> I left all the
Justin H Haynes writes:
> In this case, I suppose I could create a separate bill with only the
> convenience of $3.49 and include that as one of the bills I pay with
> he 603.49 payment, since that fee appears on no written statement I
> have received.
Your other option is to just modify the
Where to record the expense is likely a personal preference. Talk to your CPA
if you have concerns, especially if you’re itemizing deductions and calculating
percentages for a home business.
While you can edit the transaction in the A/P (and A/R) register, just to be
safe, I always use the
> On Aug 27, 2018, at 3:54 AM, elvis wrote:
>
> On 27/08/18 03:16, Justin H Haynes wrote:
>> I have two invoices to pay to a utility company. Let’s say the amounts of
>> the invoices are $200 and $300 for a total of $500. I have paid $600, so
>> the payment correctly is applied to those
On 27/08/18 03:16, Justin H Haynes wrote:
I have two invoices to pay to a utility company. Let’s say the amounts of the
invoices are $200 and $300 for a total of $500. I have paid $600, so the
payment correctly is applied to those two invoices, and $100 to the Accounts
Payable account. I
It worked just fine. From the Accounts Payable register, I edited the payment
transaction and added two splits - 1 from the Liabilities:Credit Card account
to pay the fee, and 1 to the Expenses:Fees. In the reference field, I left all
the “Payment” splits generated by GNUCash alone, and for
I have two invoices to pay to a utility company. Let’s say the amounts of the
invoices are $200 and $300 for a total of $500. I have paid $600, so the
payment correctly is applied to those two invoices, and $100 to the Accounts
Payable account. I can see the three transactions in Account
