gnucash reset

Maf. King maf at chilwell.net
Mon Jul 28 11:48:18 EDT 2014


On Sat 26 July 14 12:15:24 Larry Moore wrote:
> I'm using Ubuntu 14.04 and version 2.6.3 of GnuCash. What I did was try to
> use the terms "debit" and "credit" in the registers. GnuCash renders them
> as such but shows the "credit" as a negative value.
> 
> later....

Hi Larry,

Edit  -> Preferences -> Accounts Tab -> Use Formal Accounting labels  controls 
the display of of "debit & credit" vs "deposit & withdrawal" etc.

I personally find debit & credit confusing, as they depend on the account type 
and so sometimes credit increases a balance, other times it decreases an 
account's balance.  I'm reasonably sure the concepts guide on the GC website 
covers it all in some depth, but I'm lazy and not an accountant so I stick 
with the everyday labels....YMMV  


Note, you should always copy emails to the list for GnuCash User - it isn't 
automagic, unlike some other mailing lists.  You may have a "reply all" or 
"reply to list" function in your email software that will help....  Others 
here know far more than I about GC, and other readers may benefit from the 
whole discussion. ( And you won't have to wait for me to get back after a 
weekend to see your reply!...)

Cheers,
Maf.



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