Rebate ... what does it mean ?

[Derek Atkins]

Bob Alexander <bob at ngi.it> writes:

> 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 !

LOL.  Hey, I never claimed to be verbose..  But I *DO* try to at least
be right when I answer a question.  :)

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

You now owe the gnucash-user community an answer to someone else's
question ;)

-derek
-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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