gnucash-docs maint: Improvement of PR#89 - Bug 781711: Add reversing transaction definition
Frank H.Ellenberger
fell at code.gnucash.org
Tue May 9 16:55:21 EDT 2017
Updated via https://github.com/Gnucash/gnucash-docs/commit/eded1c20 (commit)
from https://github.com/Gnucash/gnucash-docs/commit/96f7878a (commit)
commit eded1c20cc26ff5ff8f47bafa1d4b2c2fab8a4a2
Author: David Thomas <sunfish62 at yahoo.com>
Date: Tue May 9 22:54:15 2017 +0200
Improvement of PR#89 - Bug 781711: Add reversing transaction definition
From the comment in the PR.
diff --git a/guide/C/gnc-glossary.xml b/guide/C/gnc-glossary.xml
index d278657..28f1aac 100644
--- a/guide/C/gnc-glossary.xml
+++ b/guide/C/gnc-glossary.xml
@@ -331,9 +331,11 @@
<glossdef>
<para>In formal accounting, a transaction is never deleted. Therefore, when
a mistake is made, the original transaction remains in the ledger, and a
- transaction is added to the ledger that reverses the original. This
- <emphasis>reversing transaction</emphasis> restores the books to the state before
- the error, and a new correct transaction is created. Reversing
+ transaction is added to the ledger that reverses the original. This
+ <emphasis>reversing transaction</emphasis> duplicates the original transaction,
+ but with debit and credit amounts reversed. This removes the effect of the
+ erroneous transaction from the books. After entering the reversing transaction,
+ a corrected transaction can then be entered. Reversing
transactions are not commonly used in personal accounting.</para>
</glossdef>
</glossentry>
Summary of changes:
guide/C/gnc-glossary.xml | 8 +++++---
1 file changed, 5 insertions(+), 3 deletions(-)
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