New User to GnuCash

Jack Slater theilliniguy at gmail.com
Thu Dec 14 15:51:19 EST 2017


I think I'm getting that understanding a little bit. Thanks!

Debit Checking Account - Credit Rent - paying a bill and knowing why (even
though in my Quicken mind the Rent account is just a category)

I found a Transfer transaction on the tool bar that accommodates the type
of transfer I am used to, i.e.:

Debit Checking Account - Credit Visa Account - paying a bill

In a perfect world, I'd sure like to use GC the same way.  Maybe with all
the help and usage I'll get there.

On Thu, Dec 14, 2017 at 2:38 PM, Mike or Penny Novack <
stepbystepfarm at dialup4less.com> wrote:

> On 12/14/2017 2:10 PM, Jack Slater wrote:
>
>> I think I get what your saying and at this point (a) I have no clue how to
>> manage/edit/adjust what I have to that type of structure nor (b) do I know
>> enough yet to feel confident in making any changes! LOL..
>>
>> I'm reconciling my November statement as we "speak" and had to add a few
>> account transfer entries - that in Quicken would credit 1 account and
>> automatically debit the transfer account. I have non idea how/if I can do
>> that in GC!?
>>
>> Any pointers/help is gladly and thankfully accepted!
>>
>> On Thu, Dec 14, 2017 at 12:53 PM, Fross, Michael <michael at fross.org>
>> wrote:
>>
>
> When you are entering transactions (of any sort) in gnucash or any other
> double entry package you are always debiting one account (or accounts) and
> crediting one account (or accounts). Whether the second account is being
> debited or credited will depend on what you are doing in the first account
> (the one you are entering the transactions from). THAT is automatic using
> gnucash.
>
> << the plurals above refer to split transactions which you will learn
> about later >>
>
> Michael
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