Confused.. why are my expenses "profits"
Timber82
mdavisusf82 at yahoo.com
Thu May 7 15:11:43 EDT 2009
I iddnt create the accounts my self they were auto created when i first set
up the program, however at this time, the accounts under expense
"Expense:dining,) they show up as black, and at the bottom it
I went to my credit card page, and I debited a charge to my credit card (say
$33) then I would credit it to the Expenses:dining account but now the
expenses account is considered positive cash flow.
I am confused.. I am wanting to use it for budgeting purposes, but I guess i
set something up wrong.
Derek Atkins wrote:
>
> Hi,
>
> Timber82 <mdavisusf82 at yahoo.com> writes:
>
>> New user, why are my things I put under expenses showing up as a profit..
>> I
>> have 171.00 expenses (deducted from my checking and credit card, and I
>> have
>> exactly 171 in profit at the bottom.. did i do something wrong?
>
> Probably. Maybe you entered the transactions backwards? Or you
> made the account type an Income account instead of an Expense account?
>
>> Thanks!
>
> -derek
>
> --
> 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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