Need help in double entry

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Dec 10, 2017
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Pakistan
Hi all,
I need some advice setting up double entry system accounts.

I am construction a house in partnership with someone.
He sends money to my father's bank account and I take money from my father whenever I need.
I may take a round figure and make expenses from them and later return the remaining amount back to him.
What accounts should I make and how to go about with this transaction?

Thanks in advance!
 

Fidget

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Jan 6, 2013
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I think double entry might be too advanced for your needs. By the sounds of it, all you have to do is keep a log of what's been paid by you and what's owed to you.
 

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