Debit/Credit vs. Deposit/Withdraw in Edit->Preferences [was Applying Scheduled Payment Kills Program]

[Beth Leonard]

On Mon, Jan 23, 2006 at 09:32:36PM -0600, Gregg Fowler wrote:
> Thanks for
> both of you helping. I do find the debit and credit opposite of the way
> I would think of things. Until I saw that debit was taking money in and
> credit method sending out, I kept getting the transactions backwards for
> a while. I think I have the hang of it now. Well, I least the basics of
> what I need to get started.

Hi,

Debit/Credit is specific accounting terminology.  To view the
column headings in layman's terms, you may wish to go to
Edit->Preferences->Accounts(top option on the left)->
uncheck the "Use Accounting Labels" box.

Then your columns will say "Deposit" and "Withdrawl" instead
of "Debit" and "Credit" in your check book register.  For
your credit card the columns will say "Payment" and "Charge"
etc. so that it's easier to know which column to type your
numbers into.

--Beth 
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
+                             Beth Leonard                          +
+       O say, does that star-spangled banner yet wave              +
+       O'er the land of the free and the home of the brave?        +
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