setting up a scheduled transaction

[Maf. King]

On Friday 20 Aug 2004 07:40, Dino Vliet wrote:
> Hi people,
>

>
> I want to setup a scheduled transaction for this in
> Gnucash to record that my checking's account increase
> monthly by 600 euro's but at the same time my
> Liability increases with this value of 600 also.
>

Note that _every_ transaction in GC has to show money moving from one account 
to another.  So what you are actually doing is moving €600 from your 
liability (increasing the sum you owe to the loan provider) and depositing it 
in your check account (increasing what you actually have).  It might seem a 
bit non-intuitive to increase two things at once, but that is how it works.

>
> In the template transaction part of the scheduled
> transaction, I've filled in:
> number, description, account,debit formula where debit
> formula is the value of 600. Is this correct?
>

I think that in the SX editor, you have the debit formula of €600 to your 
checking account, and a credit formula of €600 to your liability:loan 
account.
I can never remember which way round the debit & credit formulae work... I 
always seem to get it wrong!  If that works "in reverse", just swap the 
accounts for debit/credit.

Hope that is clearer now,

Maf.