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

[Gregg Fowler]

On Mon, 2006-01-23 at 23:43 -0800, Beth Leonard wrote:

> 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?        +
> +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++


Thanks Beth,

To me they just sound opposite of what you are actually doing. I think I
will change the setting.

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