LOAN ACCOUNT PROBLEMS

Christopher P Hunt thehunt at tpg.com.au
Sat Dec 29 14:55:54 EST 2007


I am currently setting up my personal finances using GnuCash 2.2.2 on a
WINXP SP2 platform.
 
I have set up my account structure and downloaded all my Bank
Account/Loan Account/Credit Card transactions using the QIF format and
imported them into my account structure.  I have then been allocating
transfer categories to each transaction.  This has worked as per the
documentation except for when I transfer money from my ASSETS:CURRENT
ASSETS:BANK ACCOUNT (type bank account) to my LIABILITIES:LOAN ACCOUNT
(type liability account)  When downloading the transaction qif files for
these accounts I have two entries one in the Bank Account showing a
withdrawal of the appropriate amount and the other in the Loan Account
showing an increase of the correct amount.  Noting these were the same
transaction I deleted one and then assigned the other a transfer from
one account to the other.  However when I transfer from the Bank Account
to the loan account it shows up as a decrease in the loan account and
increases the debt (reverse of what it should be).  I then tried it the
other way round and when I set the transfer in the loan account from the
bank account it shows up as a deposit in the bank account not a
withdrawal.
 
For clarification in my loan account money going out (eg money going to
my fixed assets:house) show up in black in the decrease column,
payments show in the increase column in black and the balance in in red
as a negative figure.
 
Hope this makes sense and someone can either explain what I'm doing
wrong or confirm this as a bug.  Also is there a way to tell gnucash
when importing qif files that the two entries in the separate accounts
are the same transaction?
 
Other than this problem GnuCash is stable on my XP SP2 machine and I
have set up my credit card, shares account and mutual fund and all seem
to be functioning correctly.
 
Any help or direction will be great fully received
 
Christopher Hunt


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