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Understanding assets and categories (0 in category)

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tangodelta
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Hello KMyMoney users,

I'm trying to wrap my head around how KMyMoney tracks everything and there's one thing I can't grasp. Let me explain.

I've read in the documentation ;) :

You have some money in the pot marked “Cash”. You buy some goods, so you take some beans out of the cash pot and place them into another pot marked “Supplier.” The supplier gives you some goods in exchange for the cash, so you take the beans out of the pot marked “Supplier” and put them in the pot marked “Goods”.


Sounds great. I've made some dummy accounts with dummy values:

  • ASSET myBank - 3000PLN after salary (opening balance 0);
  • ASSET IT Materials - for tracking my IT equipment like printers etc. (opening balance 0);

OK. Suppose I take 500PLN and go buy a monitor. I made one entry: me paying the shop 500PLN (PAYMENT). Second entry: the shop "pays" me 500PLN in the form of a monitor, I take it home and it becomes my asset. Exactly like the beans. In IT Materials I see an entry for 500PLN (INCREASE). So far so good. But when I go into categories, I see a zero. Both transactions (me buying, shop "giving") are categorized as IT. So, I know they cancel each other out, but this leaves me with a question: how can I monitor my expenses?

  1. Add only the "I'm buying hardware" transactions to expenses:IT and leave "shop gives hardware" alone?
  2. Add both to distinct categories?
  3. Something else?

I've checked the forums, but I didn't find exactly what I was looking for.

viewtopic.php?f=69&t=127006&p=337165&hilit=transfer#p337165
viewtopic.php?f=69&t=126211&p=334889&hilit=transfer#p334889
viewtopic.php?f=69&t=131147&p=351929&hilit=transfer#p351929

I'd appreciate the help, since I'm trying to rule all those assets and know exactly where the cash is flowing. ;)

Best regards,
Bartosz


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