Negative Balances on Credit Cards

Alice Lee alee212007 at satx.rr.com
Thu Feb 26 19:42:20 EST 2015


Have you set your credit card accounts up as liabilities?

-----Original Message-----
From: gnucash-user
[mailto:gnucash-user-bounces+alee212007=satx.rr.com at gnucash.org] On Behalf
Of Jerry K Radke
Sent: Thursday, February 26, 2015 5:47 PM
To: gnucash-user at gnucash.org
Subject: Negative Balances on Credit Cards

Help, I have been using GnuCash 2.4.8 on a Windows laptop for several months
now.  Just recently I noticed that all of my credit cards were showing
negative balances.  Today when I tried to reconcile one of them I ended up
with a mess because I started out with a negative balance.  What did I do to
make the balances all at once become negative and how do I fix it?

I do have a parallel set of books running on an old version of Quicken and
that is still clean.

Jerry K. Radke
63855 250th Street
Nevada, IA 50201
515-382-4102
515-231-7191 (cell)
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