How you manage lent, refunded, paid for friend transactions?
How do you guys manage your lent, refunded, paid for friend transactions?
I will give some real life examples that happens frequently.
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Example 1:
I bought $100 of clothing online and later my order was partially refunded for some reason.
I import my credit card OFX file. There will be a transaction of -$100 categorized as clothing and another of +$50 (the refund).
How to manage this case so Homebank recognizes I spent only $50 in clothing, and didn't spent or received nothing more?
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Example 2:
I bought an airline ticket for my father with my credit card and he pays me later via bank transfer.
I import both OFX of my bank account and credit card. There will be a transaction of -$200 in my card and another of +$200 in my bank account.
How to manage this case so Homebank recognizes I spent and received nothing?
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Example 3:
I bought two shirts for me and a friend, $100 (50/50) with my credit card. Later he transfers his part to my bank account.
I import my credit card OFX at the end of the month. There will be a transaction of -$100 that only -$50 is my expense, categorized as clothing.
I also import my bank account OFX. There will be a transaction of +$50 from my friend.
How to manage this case so Homebank recognizes I only spent $50 on clothing, and didn't spent or received nothing more?
I know there is Remind State for similar cases, but I don't see how it will work here.
I have my approach, but I totally don't like it. Can you guys help me open my mind? :D
Thanks.
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