hledger/examples/borrowing.journal

; some simple borrowing and lending transactions

; money to be repaid to others is a liability, usually called "accounts payable"

1/1 borrow from alice
  assets:cash                 10
  liabilities:payable:alice  -10

1/2 repay alice
  assets:cash                -10
  liabilities:payable:alice   10 = 0 ; optional balance assertion showing alice is fully repaid

; money to be repaid to you is an asset, usually called "accounts receivable"

1/3 lend to bob
  assets:cash                        ; omitting the second amount this time
  assets:receivable:bob       25

1/4 receive repayment from bob
  assets:cash
  assets:receivable:bob      -25 = 0 ; balance assertion showing no more money is due from bob

; a loan with interest and late fees

2/1 assume some money in checking at the start
  (assets:bank:checking)       30

2/1 borrow from bank
  liabilities:payable:bank
  assets:bank:checking       1000

3/1 a bank repayment
  liabilities:payable:bank    97 = -903
  expenses:interest:bank       3    
  assets:bank:checking      -100

4/15 a bank repayment, late
  liabilities:payable:bank    97 = -806
  expenses:interest:bank       3    
  assets:bank:checking      -100

5/1 repay bank in full
  liabilities:payable:bank   806 = 0
  expenses:interest:bank       3    
  expenses:late fees:bank     15
  assets:bank:checking