[Kmymoney] Debtors and Creditors...

[Michael Berger]

Hi ZED2,
perhaps you can get along by using liability accounts for creditors and 
asset accounts for debtors?
(that is using one of such accounts for each creditor/debtor)

Michael

On 07/20/2011 04:28 AM, Zed2 wrote:
> Although I have been using KMyMoney for some time, I have never had to set
> up a Creditors and/or Debtors account, as in the past I just held invoices
> and payments until such time as I paid the accounts and/or banked the money.
>
> I am now using KMM to keep accounts for a propeerty my wife and I own in
> conjunction with our son and daughter-in-law. In addition to the expenses of
> the propertyl, eg. rates and maintenance, we have free range hens and sell
> the eggs, either for cash or on invoice.
>
> What is the best way for me to record debtors who have been provided with an
> invoice and creditors we are still to pay, please?
>
> I'm sure this is a very newbie questions and apologise in advance if this
> has been covered before, as a search has revealed no answers.
>
> Regards from New Zealand on a very fine but cool winters's afternoon.
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