On 2007-02-11, Chris Cowles <spam_magnet[at]remove-me-bellsouth.net> wrote:
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True & true. The equivalent in the account method is that it will
have a balance at the end of the month. Either way, the non-zero
balance represents money not yet reimbursed. Seeing this is
the point.

If reimbursements in a particular month don't match expenses, your budget
will show net income or expense. As long as that's understood, it may be
acceptable.

The transfer method does not affect budget at all.
--
Chris Cowles
Gainesville, FL



"Mark Horn" <mark[at]hornclan.com> wrote in message
news:slrnesu31a.mt1.mark[at]home.hornclan.com...
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On 2007-02-10, Chris Cowles <spam_magnet[at]remove-me-bellsouth.net> wrote:
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I (effectively) do the same thing. I just do it in a single category
instead of in a seperate account. I use the "Job Expenses" category.
My budget for that category is $0. I put my job expenses to it,
and when my employer reimburses me, it goes to that category as
well. At the end, that category should have a net balance of $0.
If it doesn't it means that there's something for which I haven't
received reimbursement.

I do not consider expenditures incurred on behalf of my employer to be
expenses. They're loans to your employer, in essence.

Create an in-budget account called 'Job Expenses' or something like that.
When spending money of this nature, categorize it using the special
'transfer:' category, to that account.

When reimbursed, categorize the deposit as a transfer from that account.
Doing that will keep those transactions out of your budget. From
time-to-time, reconcile the account to balance expenditures against
reimbursements.

Other users may advise a different method.
--
Chris Cowles
Gainesville, FL


"Dave" <david.finley[at]gmail.com> wrote in message
news:1171121337.077133.3750[at]m58g2000cwm.googlegroups.com...
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In my field of work, I may get income for the month (expense
reimbursement) that can't easily be accounted for because it depends
on what travel and expenses I spend in the month so I've estimated an
amount and called it Irregular Income in Money. When time comes to
balance my budget, I come across personal items that went over budget
and I want to reallocate funds and the perfect category to use when I
run out of other expense categories is this Irregular Income but Money
won't let me pick from income categories.

Any thoughts for ways around this?