Debit == funds in ?
Walt Pennington
wpennington at pennfirm.com
Sat Mar 6 11:36:52 CST 2004
> Date | Num | Description | Account | Debit Formula | Credit Formula
> Scheduled | | Auto transfer | | |
> | | | FromAcct | amount |
> | Buy | | ToAcct | | amount/rate
>
> However, when I exit this transaction in the template transaction editor, the
> two last columns change their titles - to "Tot Funds In" and "Tot Funds Out",
> respectively. So all of a sudden "Debit" becomes "Funds In", and the other
> way around.
The current transaction is configured so that the "FromAcct" is
receiving money, and the "ToAcct" is sending money.
When you debit an asset account (i.e. checking account) you are adding
money to the account.
The scheduled transaction should be
Date | Num | Description | Account | Debit Formula | Credit
Formula
Scheduled | | Auto transfer | | |
| | | FromAcct | | amount
| Buy | | ToAcct | amount/rate |
This will take the money from your checking and put it into the Mutual
Fund.
Walt
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