gnu-cash - treatment of credit cards

[Chris Faulkner]

Hi

I have been using GnuCash now for about a month - I just have a
question (hopefully simple !) about credit card (liability accounts).
I have simple current, savings accounts and credit card accounts. I
have current and savings accounts in my assets and credit card in
liabilities.

If I make a purchase on my credit card, I have entered this as a
"decrease" on that account, so the running total reduces. When I make
a payment to the credit card from my current account, it shows as an
increase on the credit card account and an increase on the checking
account. Is this right ? I fear that I am probably entering
transactions incorrectly.

When I do reports, amounts that I have spent on my credit card show as
negative entries against total worth but amounts that I have spent
from my current account are shown as positive entries. So does this
mean that I am entering transactions incorrectly against my current
account.

Is it OK to start with negative balances on both current and credit card.

Thanks


Chris Faulkner