GnuCash: Reimbursable expenses paid by credit card
"GNUCash won't show 'Credit Card' type accounts in ""Process Payment"", as of v.2.6.1. A workaround is to create another  account of type A/Payable. Then, transfer the operations you want to pay via ""Process Payment"" to this new account. It should be visible now. A drawback is that you have split your current Credit Card debt, which makes it harder to track. Alternatively you may wish to only use this new account for all your credit card related expenses. Another alternative is processing payments for these purchases manually to keep the 'credit card' accounts consistent."
IRS pub 521 has all the information you need. Expenses reimbursed. If you are reimbursed for your expenses and you   use the cash method of accounting, you can deduct your expenses either   in the year you paid them or in the year you received the   reimbursement. If you use the cash method of accounting, you can   choose to deduct the expenses in the year you are reimbursed even   though you paid the expenses in a different year. See Choosing when to   deduct, next. If you deduct your expenses and you receive the   reimbursement in a later year, you must include the reimbursement in   your income on Form 1040, line 21 This is not unusual. Anybody who moves near the end of the year can have this problem. The 39 week time test also can be an issue that span over 2 tax years. I would take the deduction for the expenses as soon a I could, and then count the income in the later year if they pay me back. IF they do so before April 15th, then I would put them on the same tax form to make things easier. "I think you misunderstand the purpose of the liability account.  I would suggest you review the standard accounting model, but to give you a brief overview: Income and expenses are money coming into and out of your possession.  They are the pipes flowing into and out of your ""box"".  Inside your box, you have assets (bank, savings, cash, etc) and liabilities (credit cards, unpaid debts, etc).  Money can flow into and out of either asset or liability accounts, for example: deposit a payment (income to asset), buy office supplies with cash (asset to expense), pay a bill with credit card (liability to expense), customer pays one of your debts directly (income to liability).  Paying off a debt with an asset does not affect your overall net worth, so paying a check to your credit card bill (asset to liability) doesn't decrease your total balance, it merely moves the value from one bucket to another. Now to your question: Mandatory payments, such as taxes or insurance (or for that matter, utilities, rent, food- all things that ""must"" be bought occasionally) are not liabilities, instead they are all expenses.  They might be paid FROM a liability account, if they are paid on credit for example, but the money still flows from liability to expense.  In my own records I have Expense:Taxes and Expense:Insurance, with sub-accounts in each.  Where the money comes from depends entirely on how I pay my bills, whether from cash or banks (asset) or whether it's a charge (liability).  Sometimes you receive payments back from an insurance company.  I find that rather than treating insurance premiums as a positive balance in a liability (with eventual payments as debits to the liability account), it is better to treat any payment from the insurance as income. Hope that helps!" I would say when starting with Gnucash to start with the level of granularity you are comfortable with while sticking to the double entry bookkeeping practices. So going through each one: Refund for Parking Pass. Assuming you treat the Parking Pass as a sunk cost, i.e. an Expense account, its just a negative entry in the Expense account which turns into a positive one in your Bank account. Yes it may look weird, and if you don't like it you can always 'pay from Equity' the prior month, or your Bank Account if you're backfilling old statements. Selling physical items. If you sold it on eBay and the value is high enough you'll get tax forms indicating you've earned x. Even if its small or not done via eBay, treat it the same way and create a 'Personal Items/Goods' Income account to track all of it. So the money you get in your Bank account would have come from there. Found jacket money would be an Equity entry, either Opening Balances into Cash or Bank account. Remember you are treating Equity / Opening Balances as the state before you started recording every transaction so both the value going into Assets (Banks,Stock,Mutual Funds) and Liabilities (Mortgage, Student Debt, Credit Card Debt) originate from there. It looks like your visa being refused is entirely irrelevant. What happens in bankruptcy is that all the assets of the bankrupt entity are taken over, liquidated, and the proceeds are distributed to the creditors. You're one of the creditors, and as you've been told - the proceeds are not enough to pay all the creditors in full. This is quite common in bankruptcies. What you can do is sue in court and demand priority over other creditors, but... a. You're exactly the same as many other creditors (rest of the students), so why would you get a priority? b. Suing costs money and even if you get more, you'll pay way more for legal fees and expenses. What else can you do? If you paid with a credit card - your credit card company may be able to reverse charges. Sometimes that works, depending on how fast you move. If you paid with a check - your bank may similarly be able to stop payment on the check. This provided it hasn't been settled yet. What I should have done in the first place was just ask them.  From their customer support team: Thanks for writing in and for your interest in Square. It is perfectly acceptable to use Square for personal business, such as a yard sale. You do not need to have a registered business to take advantage of Square and the ability to accept credit cards. Just please note that it is against our Terms of Service to process prepaid cards, gift cards or your own credit card using your own Square account. Additionally, you may not use Square as a money transfer system. For every payment processed through Square, you must provide a legitimate good or service. Please let me know if you have any additional concerns. "I've been using YNAB4 for the last few years, and I like it so much that I haven't switched to the web version (new YNAB) yet.  However, I have played around with the web version a little, and here is what I have discovered. Despite the different look of the credit card account and the lengthy dissertation on the credit card differences in the Transition Guide, credit cards are handled almost exactly the same in the new YNAB as they were in YNAB4. You enter credit card spending transactions in the same way as YNAB4.  When you enter a transaction, money is pulled out of the budget category you select.  The only difference is that in YNAB4, this money was considered ""gone.""  Now, that money moves from your budget category into the new credit card category. When it comes time to pay the credit card bill, you also enter this transaction in the same way as before.  It is entered as a transfer of money from your checking account to your credit card account.  The only difference here is that with new YNAB, the funds are deducted from your credit card category.  This is handled automatically, so you don't have to think about it if you don't want to.   If you always pay your credit card bill in full, you never have to budget money manually into the credit card category.  The money will already be there from when you entered the credit card spending transactions.  The only time you would manually budget money into the credit card spending category is if you have old credit card debt that you are trying to pay off. A quick example, in pictures: I start out with $10,000 in my checking account, and no credit card debt:  I've got all $10,000 in my ""Fun Money"" category:  Now, I spend $100 at the Store:  You can see that, just like in YNAB4, the credit card account is now in the red $100, and the checking account balance has not changed. In the categories, my Fun Money category is down $100 to $9,900, just like it would be in YNAB4.  The only difference is that there is now $100 in the new Credit Card Payments category.  When it is time to pay the bill, I enter an account transfer, just like in YNAB4:  Note that the Credit Card balance is back to $0, and the Checking Account balance is now down to $9,900. The Credit Card Payment budget category is now magically back to $0:  The above example starts with a zero balance on the credit card.  However, most people will have a non-zero balance on their credit card when they first start a budget.  In YNAB4, when you added a credit card with a (negative) balance, the debt was shown in a budget category called ""Pre-YNAB Debt.""  You then added money to this budget category until it went to zero, and then you didn't need this budget category anymore. With new YNAB, credit card balances are not shown in budget categories.  If you add a credit card account with a balance, the debt is not shown in the budget categories.  To pay off this debt, you can fund the Credit Card Payments category.  After this existing balance amount is paid off, you won't need to fund the Credit Card Payments category anymore as long as you properly assign each new credit card purchase to a funded budget category." There is no special activity type (or provider) for this situation. Depending on the car rental agency, it is either a normal charge, and they later return the charge as necessary; or it is a normal authorization (like in a restaurant) that does never get confirmed (so it falls off the credit card after about three days). "in theory, yes. in practice, no. largely because merchants pay a fee to process credit card transactions which normally exceeds the cash back you can get. i tried this with square, since their vendor fee was 2.75%, and i got 5% back on restaurants.  however, even though i registered with square as a restaurant, transactions were categorized as ""other services"" or something, so i only got 1% back and lost 1.75% net. moreover, if you did find a card/processor combination that left you with a net gain, they would eventually catch on and charge you with some sort of fraud.  i wasn't worried about it with the square experiment because it was only 1$, but if you tried to do this with large sums, a human would catch you. and if it was enough money to matter, there would be a lawsuit. if you were really unlucky, you might get charged with some terrorism crap like ""structuring"" deposits."