arguments just go round and round.
account. So far so good.
accounts to the categorized expense accounts for each transaction?
Any direction on the best way to manage this would be most welcome.
checking account. So I end up with what appears to be a double payment.
the system that they are two reports of the same transaction?
> accounts to the categorized expense accounts for each transaction?
but one, which might help stop the money flying out the door).
> Any direction on the best way to manage this would be most welcome.
> checking account. So I end up with what appears to be a double payment.
> the system that they are two reports of the same transaction?
Dunno what the correct way is, but I delete duplicate transactions.
> arguments just go round and round.
you. Try it one way, and if you don't like it, you can change it later.
it then keep that one. simple.
| arguments just go round and round.
of the top two marital issues.
| account. So far so good.
| accounts to the categorized expense accounts for each transaction?
| Any direction on the best way to manage this would be most welcome.
and create one account for each credit card.
want, or you could have many dozens.
The key to understanding account types is to know how they are used.
only useful to the extent that they answer the questions you have.
food, gas, entertainment, fees, etc.?"
food once with a credit card and then you will pay that bill.
Note that I will demonstrate the practice of double-entry accounting.
spent the $20 on food. The account totals show that you owe VISA $20.
same -- you haven't taken any money out of the bank yet.
money at the store long before writing the check.
want to track each of those expenses as a separate category.
and paying the bill is connected to an asset account.
and thus increasing your net worth.
Does this make sense or am I creating additional confusion?
On one point, it appears I wasn't very clear in my original posting.
case when referring to the credit card accounts, rather than the plural.
reporting the payment is probably the best way to go.
> which way I go?
am I missing in your question?
in its registers and reports is supposed to be true.
the bank and been reported in the bank statement.
>> matter which way I go?
> am I missing in your question?
corresponding receipt of funds, which I will call the card's record.
| >> matter which way I go?
| >am I missing in your question?
| corresponding receipt of funds, which I will call the card's record.
right. See what he wrote too.
"He is no fool who gives up what he cannot keep to gain what he cannot lose."
> >> matter which way I go?
> simply as a reconciling entry to match against the bank's record.
particular it's important to know where they differ.
until after your brother takes it to his bank to cash it.
imported your statement for the month of November.
because it's not on your paper statement.
it, or hunt it down, depending on the magnitude of the error.
your reconciled balance back to zero.
than it's less of an issue -- unless your bank is wrong.
the extra $.06 to my account.
there was absolutely no way the handwriting could have been mis-read.