update suggestion for documentation and use of credit/debit &increase/decrease

Herbert Thoma tma at iis.fhg.de
Wed Aug 11 16:53:00 EDT 2004


Jon Lapham schrieb:
< ... >
> Thus, money deposited into your personal savings account (an asset
> account from your perspective) goes in the debit column because the
> account is considered a liability from the bank's perspective.  Wow.
> 
> Do we really want to get into all of this?  I imagine this confusion is
> the reason why the "credit" and "debit" column of GnuCash have all been
> renamed (ie: renamed to "Deposit" and "Withdrawal" for a savings account).

Well, there is an option "Use accounting labels" under 
edit->preferences->accounts. If you select this option then
you get "credit" and "debit" everywhere for the professional
accountant. If you don't select the option then you get
the more common column lables ...

 Herbert.

> --
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>   Jon Lapham  <lapham at jandr.org>                Rio de Janeiro, Brasil
>   Personal: http://www.jandr.org/
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