Confusion over Salary and Savings account usage

[Derek Atkins]

prl <prl at ozemail.com.au> writes:

> The way I'd do that is as a single split transaction:
> Income:Salary - debit $1000
> Assets:Checking - credit $500
> Assets:Saving - credit $500

This is correct, except you mixed up debits and credits.  A debit
increases Assets...

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-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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