[GNC] credit account negative balance increases with payment

[Derek Atkins]

Are you sure you have all your CC Charges entered correctly?
It sounds like something is being entered backwards.

-derek

On Sat, March 4, 2023 2:28 pm, Custom Shots wrote:
> That's exactly what I'm saying.  I owe $500. That's a negative balance in
> my credit card account, showing in red with a minus sign. I enter a
> payment
> of $200 and the negative balance increases to -$700. The negative balance
> should decrease to -$300. Yet the other half of the transaction correctly
> withdraws $200 from cash.
> I did play with the settings when I decided I liked seeing what I owed as
> red negative numbers.
>
> On Sat, Mar 4, 2023, 11:54 AM Stan Brown <the_stan_brown at fastmail.fm>
> wrote:
>
>> On 2023-03-04 10:26, Custom Shots wrote:
>> > I just noticed this. Something has changed. I keep 30 day backups and
>> this
>> > has been going on in all my backups. When I add a payment transaction
>> to
>> my
>> > credit card account the negative balance increases instead of
>> decreasing.
>> > Any clues to what is happening? I am using GnuCash Version: 4.8 Build
>> ID:
>> > 4.8a+(2021-09-28) on Ubuntu 2022.04.2. The second half of the double
>> entry
>> > transaction, the withdrawal from my checking account, works correctly.
>>
>> Presumably by "correctly" you mean that the positive balance of the cash
>> or checking account goes down? If so, I agree with you that it's
>> correct: a credit to an asset account reduces the balance of that
>> account. (Paying someone is a credit to cash, and getting money from
>> someone is a debit to cash.)
>>
>> You might take a look in Edit » Preferences » Accounts, under "Reverse
>> Balanced Accounts". I can't remember the details from when I set up my
>> data file a few years ago, but I do remember that on experimenting with
>> those settings the only one that _didn't_ give nonsensical results was
>> "Credit accounts".  (I mean nonsensical to me; I'm sure the developers
>> must have had some good reason for those other settings.)
>>
>> Are you saying something like: the balance on your Visa account was
>> minus $200, and you paid $65, and now the balance is minus $265 instead
>> of the expected minus $135? That would be wrong under any circumstances,
>> as far as I can understand. Or did you mean it literally that the
>> account balance "increases", since minus $135 is greater than minus
>> $200? If that's what you meant, then everything is correct except that
>> the credit-card account is showing a minus sign in front of correct
>> balances, and for that I'd definitely have a look at "Reverse Balanced
>> Accounts".
>>
>> Stan Brown
>> Tehachapi, CA, USA
>> https://BrownMath.com
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-- 
       Derek Atkins                 617-623-3745
       derek at ihtfp.com             www.ihtfp.com
       Computer and Internet Security Consultant