Hello
I bought a house but I am not sure if I had the "house" in the right way. I have no loan involved in it. It is just how to write my new house in Icash (if I create a new assets account with a start value, it exists before todays date).
Payment:
I made the following transaction
My spare account ---> "housebuying".expenseaccount : 200 000 EUR
Writing the house in ICash:
* Create an income account: Buyingahouse.incomeaccount
* Create an assets account : MyNewHouse-assetsaccount
* transaction:
Buyingahouse.incomeaccount ---> MyNewHouse-assetsaccount : 200 000 EUR
I bought a house but I am not sure if I had the "house" in the right way. I have no loan involved in it. It is just how to write my new house in Icash (if I create a new assets account with a start value, it exists before todays date).
Payment:
I made the following transaction
My spare account ---> "housebuying".expenseaccount : 200 000 EUR
Writing the house in ICash:
* Create an income account: Buyingahouse.incomeaccount
* Create an assets account : MyNewHouse-assetsaccount
* transaction:
Buyingahouse.incomeaccount ---> MyNewHouse-assetsaccount : 200 000 EUR