Beginner's question

Derek Atkins warlord at MIT.EDU
Sun Jan 21 22:59:47 EST 2007


MyJob is an Income account.
Checking is an Asset.
Your salary is a transfer from MyJob to Checking.

-derek

Quoting FamiliaFrazelle <frazelle09 at yahoo.com>:

> i'm a first time user and do not use a checkbook, only credit cards.  My
> salary from work is deposited directly into my savings acct.
>
> Is this entered as a Deposit or a Withdrawal?
>
> If i wish to set up an income account, such as MyJob, and from this
> transfer the money to the savings acct., above, when i deposit to MyJob,
> is this a Charge or Income?
>
> i think that if i can get these two questions answered, i'll have enough
> to proceed.  My head aches from trying to understand this and this is
> such a great looking program that i'd really like to be able to use it.
>
> Thanks for any help and have a great evening!  :)
>
>
>
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-- 
       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
       warlord at MIT.EDU                        PGP key available



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