Credit split transactions

[Paul Schwartz]

More's the pity to our tax dollars!

I think your mistake is not making both the credit and debit entries. That outofbalance amount should have been the balancing entry to the other side of the ledger for all of the splits.

HTH

Paul




>________________________________
>From: Jim & Grace Flowers <dondiegoflores at verizon.net>
>To: stepbystepfarm at mtdata.com
>Cc: gnucash-user at gnucash.org
>Sent: Sunday, August 14, 2011 7:11 AM
>Subject: RE: Credit split transactions
>
>I know how gnucash is supposed to work, but it doesn't seem to want to work
>as described in the text.  I have followed the instructions in chapter 4,
>Transactions.
>I start with a new transaction line, click on Split.  I enter a description,
>and then try to enter to total amount of the split.  It won't let me.  The
>figure shows an amount on that line.  I go ahead and enter all the splits
>and hit Enter.  The entry disappears from the Assets:checking account
>register.  However, when I check the accounts affected by the split, the
>amounts are posted properly (I had to change the amounts on a couple of
>them). There is an "outofbalance" account with the amount that should have
>been posted on the first line of the transaction.  When I changed the
>"posted to" name, it appeared in the checking account register.
>
>I don't want to sound like I'm bragging, but I am a retired government
>accountant.
>
>Jim
>
>-----Original Message-----
>From: Mike or Penny Novack [mailto:stepbystepfarm at mtdata.com] 
>Sent: Sunday, August 14, 2011 8:10 AM
>To: dondiegoflores at verizon.net
>Cc: gnucash-user at gnucash.org
>Subject: Re: Credit split transactions
>
>
>>I'm new to this program and am having extreme problems with split
>>transactions that decrease the checking account. (and with transactions
>between checking accounts)
>>
>There are two sorts of questions you can have. One is how do I use 
>gnucash to do my bookkeeping meaning that you have some idea how you 
>would do bookkeeping by other methods (say the old fashioned pen and ink 
>on paper) but don't know the gnucash way to do this. The other is that 
>you are new to bookkeeping in all its aspects, don't know anything.
>
>The examples given are mostly trying to help folks with the first sort 
>of problem. It isn't really fair to expect the gnucash guides to be more 
>than a review of the fundamental concepts involved with keeping a set of 
>double entry books. If you are really starting from scratch and never 
>kept books before (by any method) you probably need to read an 
>"introduction to bookkeeping" text.
>
>Michael
>
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