ming0627 / daily-money

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Big Enhance - Add Credit Card Management #81

Open GoogleCodeExporter opened 9 years ago

GoogleCodeExporter commented 9 years ago
The existing expense recording in double-entry method, it's good.

But I don't know how to handle something like expenses from credit card;

I bought something (Asset) but I didn't need to pay at current month!!

for example, I pay my insurance by credit card .... but my bank a/c still have 
such $.

It's great if this system have a easy way to handle such transactions.

Thank you very much

Original issue reported on code.google.com by waikit.c...@gmail.com on 21 Sep 2011 at 1:50

GoogleCodeExporter commented 9 years ago
for credit card transaction:
1. There are some accounts as below:
(1) credit card in Liability
(2) insurance in Expense
(3) bank a/c in Asset

2. For example, you paid your insurance by credit card on 4/5 and your credit 
card fee by bank a/c on 4/23. You should record two detail as below:
4/5
from credit card
to insurance

4/23
from bank a/c
to credit card

Original comment by Lancelot...@gmail.com on 12 Apr 2012 at 4:29