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Newbie to ledger here. Why not move $x from checking to Holiday Budget every month, and then track holiday spending by moving money from Holiday Budget to Spen
by saaadhu 11y ago
Newbie to ledger here.
Why not move $x from checking to Holiday Budget every month, and then track holiday spending by moving money from Holiday Budget to Spent on Holidays?
Guess it throws off net worth calculations a bit, as you'd have to include the Holiday Budget as well in there. Are there other reasons?
- sophacles 11y agoCheck out this section and the following section of the ledger docs: http://ledger-cli.org/3.0/doc/ledger3.html#Dealing-with-Petty-Cash http://ledger-cli.org/3.0/doc/ledger3.html#Dealing-with-Pett...
- peteretep 11y agoBecause Holiday Budget isn't a real account, and my checking one is. If money didn't leave the checking account, it would show an incorrect budget if I marked that it had.
- saaadhu 11y agoOK. Just that, I find it a bit odd that money goes into the "budget" when you spend, not when you allocate it, and vice versa :)
- dragonwriter 11y agoIn outline, that's not wrong, though in detail it might be because the $ are still, presumably, actually in your checking account. But that's correctable, with the right account structure. Instead of just "Checking" and "Holiday Budget", make it "Assets:Checking" and "Assets:Checking:Holiday Budget" (I'd prefer "Holiday Fund").