Entering A Split Expense Transaction

In GnuCash, you enter a split transaction when a single financial transaction involves more than two accounts  in the chart of accounts. Split transactions in GnuCash are useful for accurately recording complex transactions that involve multiple accounts, such as splitting a single payment into different expense categories or tracking taxes and fees. In this tutorial we will split a lump sum expense transaction for two different products on one receipt  that involves two different  accounts in the chart of accounts.