Financial Reports on GNUCASH Version 2.4.0
Francis thomas Mandeya
ftmandeya at yahoo.com
Wed Apr 20 06:16:46 EDT 2011
Can anyone tell me on using GNU_Cash version 2.4.0 for normal transactions which
are entered as follows in the ledger:
--------------------------------------------------
Debit = Bank Deposits or Cash Accounts
= Expenses
--------------------------------------------------
Credit = Income or Recepits or
= Bank Withdrawals
________________________________
When you run the following reports why do you end up with negative reports in
the following accounts----
Run Reports/Income & Expense/ Income Statement => Why do we end up with negative
Income? How do we correct such a problem?
Even when you run the balance sheet as follows:
Run Reports/Assets and liabilities/Balance Sheet => A negative balance sheet
does appear? How do you correct this problem?
Is there some technicality in GNUCash that I am missing?
Your assistance will be most appreciated as I have selected this software to
manage our information system.
Thank you.
Thomas Mandeya
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