Question regarding "REBATE" category.
Derek Atkins
warlord at MIT.EDU
Thu Aug 23 08:39:05 EDT 2012
David,
David Walsh <wnacous at pacbell.net> writes:
> I've just started using Gnucash software for our company and I'm
> utilizing the business template. Many of the amounts I enter are
> automatically forced into the "rebate" category. Does anyone have any
> comments or insight regarding this category and how to bypass it, or
> why it is being utilized at all, for purposes of completing the
> company's checkbook ledger. I am concerned about the reconciliation
> values in regards to our finalization of the company's corporate
> taxes. Any assistance in this matter would be greatly appreciated.
> Thank You in advance!WNA
If you're seeing a "rebate" that implies that you're entering a
transaction from an Expense account and not an Asset account. Did you
mistakenly set your account type incorrectly? Check the type and make
sure your checking account is of type Bank. Then you should see
"Deposit" and "Withdrawal".
When you enter an Expense, enter it as a Withdrawal from your checking
account, and supply the appropriate Expense account in the Transfer
column.
Good Luck,
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
-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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