Debit and Creadit in Assets

Christos Gentsis christos_gentsis at
Fri Jul 21 08:22:34 EDT 2006


I use the Gnucash 2.0.0 and i found out that in the assets, the credit
and debit fields are in the other way around. More specific, then in a
income account you credit some money the total of the account should
increase (this is what happens), in expenses account then you debit then
the total should increase (and this happens), but in assets, then you
credit an account the total should be increased... but it is decreased,
and it is increased then you debit it... which it doesn't look normal,
because if you transfer money to this account then the account should be
credited and not debited... (i think)


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