Notes-Memo confusion
David T.
sunfish62 at yahoo.com
Wed Apr 13 15:40:17 EDT 2011
Chapter 4 of the Tutorial and Concepts Guide--especially 4.1 Basic Concepts (http://www.gnucash.org/docs/v2.4/C/gnucash-guide/txns-concepts1.html)--deals directly with your concern. It says "a single transaction must always consist of at least two parts, a from and a to account. The from account is passing value to the to account. Accountants call these parts of a transaction Ledger Entries. In GnuCash, they are called Splits."
HTH,
David
--- On Wed, 4/13/11, Carpet Nailz <carpetnailz at researchintegration.org> wrote:
> From: Carpet Nailz <carpetnailz at researchintegration.org>
> Subject: Re: Notes-Memo confusion
> To: "Maf. King" <maf at chilwell.net>
> Cc: gnucash-user at gnucash.org
> Date: Wednesday, April 13, 2011, 7:16 AM
> On Wed, 2011-04-13 at 14:42 +0100,
> Maf. King wrote:
> > On Wednesday 13 April 2011 14:37:10 Carpet Nailz
> wrote:
> >
> > > I'm still confused, since I'm usually not doing a
> "split," just a simple
> > > entry with one credit and one debit in basic
> ledger mode. So why does it
> > > not just capture what I'm entering there rather
> than pulling in
> > > something from a "split" transaction that's not
> even being used now?
> > >
> >
> > Hi,
> >
> > Don't forget that to GC, every transaction
> (internally, at least) is a
> > collection of at least 2 splits.
> >
> > Maf,
> >
> I can't "forget" something I didn't know. The only use of
> 'split' that
> I've ever seen in GnuCash (been using it for about 8 years)
> refers to
> split transactions. Where would one learn that the credit
> and debit
> entries are each "Splits" (other than Derek's good
> explanation that I
> just received)?
>
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