Rebate ... what does it mean ?

[Bob Alexander]

Kevin T. Broderick wrote:
> To expand on Derek's answer just a bit, an entry into an expense  
> account is either an expense or a rebate with the "friendly" column  
> names turned on.  A credit to an expense account means money is  flowing 

Even though Derek was very terse he was absolutely right !

Thanks to your great explenation I am getting more insights on the 
wonderful world of GnuCash and accounting :)

Thank you.

Bob