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gnucash, how do i book loan from credit card, being paid back with salary? [duplicate]
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when you pay the flight, hotel, conference attendance fees of $100: when you repay the credit card debt of $100: when you receive the gross salary of $5000: your final balance sheet will show: your final income statement will show: under this method, your "salary" account will show the salary net of business expense. the drawback is that the $4900 does not agree with your official documentation. for tax reporting purposes, you report $5000 to the tax agency, and if possible, report the $100 as unreimbursed employee expenses (you weren't officially reimbursed). for more details see irs publication 529.
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