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| I just use the expense category to record the income. Money will complain about this at first, but if you change the preferences it will stop bugging you. This way when I spend $100 on something and get $50 of it reimbursed by someone else, my category report only shows a sum total of $50 being spent. -Jeff "Hanns" <anonymous[at]discussions.microsoft.com> wrote in message news:052c01c3d40d$03247490$a501280a[at]phx.gbl... - quote - > I rent a house with three roommates and am responsible > for paying the utility bills. For each bill, I pay the > full amount from my own checking account but then receive > 75% of it back from the other three roommates. How can I > accurately track these transactions, so my budget > reflects that I'm really only paying $25 for the > electricity bill, and not the full $100? |
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| FAQ. Create a bank/cash account called 'money owed me'. On the account details page, check the box that makes it a 'budget' account. Pay the utility bills from your checking account, categorized as split. 25% of split is categorized as utilities,75% as transfer to 'money owed me'. When roommates pay you back, deposit into checking categorized as transfer from 'money owed me'. "Hanns" <anonymous[at]discussions.microsoft.com> wrote in message news:052c01c3d40d$03247490$a501280a[at]phx.gbl... - quote - > I rent a house with three roommates and am responsible > for paying the utility bills. For each bill, I pay the > full amount from my own checking account but then receive > 75% of it back from the other three roommates. How can I > accurately track these transactions, so my budget > reflects that I'm really only paying $25 for the > electricity bill, and not the full $100? |
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| I rent a house with three roommates and am responsible for paying the utility bills. For each bill, I pay the full amount from my own checking account but then receive 75% of it back from the other three roommates. How can I accurately track these transactions, so my budget reflects that I'm really only paying $25 for the electricity bill, and not the full $100? |
| Tags |
| budget, category, income, linking, specific |
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