Split transactions are killing me

James Kerr jim at jkerr82508.free-online.co.uk
Wed Jan 30 12:57:49 EST 2013


On 30/01/2013 15:50, David T. wrote:
> Will--
>
> The piece I'd add top this is that it appears you're having trouble
> understanding the double-entry part of GnuCash.
>
> Every transaction has two (or more) sides that must balance out. In
> your example, as others have noted, you are putting everything on the
> same side, and GC is helping you by showing that the transactions
> isn't balanced.
>
> In the example you're giving, I am assuming you're using your credit
> card to pay for stuff at Costco. Therefore, the $1000 would go in the
> left column, and your expense entries would go in the right one. Then
> everything will balance out.
>

It's the other way around. The expenses go in the left-hand column
and the credit card charge in the right-hand column.

Jim




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