% Splitting rent and utilities Rent and Utilities can be split in different ways, in this case you pay all the bills and 2 roommates pay their share to a specific bank account. Furthermore, the roommates pay their share for the following month which means that until you pay the bills, the money is in a liability account. Bills can be monthly/quarterly/yearly, but you would still like to have your roommates pay the same sum every month so they can automate the process. You would like to know how much in debt or in credit you are towards your roommates, so when a yearly bill (e.g insurance) is due you already have the money stashed in a liability account. Take the following example: - 900 EUR/month Rent -> You pay 280 EUR, roommate A pays 300 EUR, roommate B pays 320 EUR (prices differ because room sizes differ) - 60 EUR/month Internet -> 20 EUR monthly contribution - 90 EUR/quarter Water -> 10 EUR monthly contribution - 122.40 EUR/year Insurance -> 3.40 EUR monthly contribution The example takes place in June, meaning that a monthly internet bill and a quarterly water bill is received. The yearly insurance bill is not received, which means that 3.40 of the utilities that your roommates pay you are stored in a liability account. This would be more apparent if each utility would have its own Liability:Utilities sub-account, so feel free to expand upon this snippet if you would like to track these details. ## Receiving the share ```journal 2021-05-25 * "Roommate A" "Subletting Roommate A June" Liabilities:Subletting -300.00 EUR Liabilities:Utilities -33.40 EUR Assets:Bank:HouseCheckingAccount 333.40 EUR 2021-05-29 * "Roommate B" "Subletting Roommate B June" Liabilities:Subletting -320.00 EUR Liabilities:Utilities -33.40 EUR Assets:Bank:HouseCheckingAccount 353.40 EUR ``` ## Paying Bills ```journal 2021-06-04 * "Landlord" "Rent June" Assets:Bank:HouseCheckingAccount -900.00 EUR Liabilities:Subletting 300.00 EUR Liabilities:Subletting 320.00 EUR Expenses:Rent 280.00 EUR 2021-06-15 * "Internet Provider" "Internet June" Assets:Bank:HouseCheckingAccount -60.00 EUR Liabilities:Utilities 20.00 EUR Liabilities:Utilities 20.00 EUR Expenses:Utilities:Internet 20.00 EUR 2021-06-20 * "Water Company" "Water Q2" Assets:Bank:HouseCheckingAccount -90.00 EUR Liabilities:Utilities 30.00 EUR Liabilities:Utilities 30.00 EUR Expenses:Utilities:Water 30.00 EUR ```