Assets double entry not working correctly

[Cat P]

Maybe the difference between the tutorial case and yours just depends on
different settings (Edit > Preferences > Accounts > Reverse Balanced
Accounts).

I have it ticked on Income & Expense because that's my preference and
the way I want to see my accounts, but that's just one option.

Hope this helps.

Cat



On 21/03/2014 07:06, Dorothy Freeman wrote:
> At 10:07 PM 3/20/2014, David Carlson wrote:
>> On 3/20/2014 1:49 PM, Dorothy Freeman wrote:
>> > I am going through the help tutorial.  I have entered checking opening
>> > balance $1000 with double entry to Equity opening balance, savings
>> > opening balance of $1000 with double entry to Equity opening balance,
>> > and credit card starting balance of $500 with double entry to equity
>> > opening balance.
>> >
>> > Problem:  equity balance registers the savings and checking balances
>> > as negative entries instead of positive entries.  The equity balance
>> > is ($2500.00) instead of the $1500 that it should be.  $2000 - $500 =
>> > $1500
>> >
>> > I have updated to the latest release without a change.
>> > tutorial link below
>> >
>> http://www.gnucash.org/docs/v2.6/C/gnucash-guide/txns-puttoget1.html#txns-puttoget-open2
>>
>> >
>> >
>> > thanks
>> > daf
>> >
>> > _______________________________________________
>> > gnucash-user mailing list
>> > gnucash-user at gnucash.org
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>> Read the part about the credit card being a liability again.  If you
>> reverse the signs on that entry you should get the results that you are
>> expecting.
>>
>> Good Luck.
>>
>> David C
> 
> Thanks for your reply David
> I removed the credit card entry entirely and the Equity: starting
> balances are still showing negative values.  The starting balance
> entries in the savings and checking account are both positive.  These
> are the only entries I have made as I am following the tutorial which
> shows the Equity starting balance as a positive number.  Can I attach
> files to this email list entry?  If so I can send an image of what I see.
> Dorothy
> 
> 
> 
> 
> 
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> 
> _______________________________________________
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