A/payable A/receiveable definitions interchanged ?
Richard Leopold
gnucash-user at leo.0n3.org
Wed Jan 22 20:05:59 CST 2003
MOIn !
First: I'm not a great accounter and I'm using Gnucash 1.7.7.
The documentation (help) says:
> Accounts Payable are used by businesses to record sales for
> which they are not immediately paid.
> Accounts Receivable records bills that businesses have received,
> but might not pay until later.
If this is right, then it seem to be, that the labels are interchanged:
The labels on a A/payable-account-card (payment, bill) and on a
A/receiveable-card (payment, invoice).
So if I book a bill on a A/payable account, and the transfer is income,
then the income becomes negative (charge) ?!
payable income expense
payment | bill charge | income expense | charge
--------+------- -------+-------- --------+-------
| 2500 | |
500 | | 500 |
2000 | 2000 | |
Shouldn't it be positive like:
payable income expense
payment | bill charge | income expense | charge
--------+------- -------+-------- --------+-------
| 2500 | |
500 | | | 500
2000 | | 2000 |
Same game on the A/receivable Account.
I think, it's the documentation, where the the definitions of the
accounts are interchanged #o)
Regards -
// ... listening your DATEV thread too ...
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