Credit/Debit Balance

[ShaneK]

     I am totally new to accounting and this software, so please forgive me
if this question seems elementary or confused. When I create a Chart of
Accounts using the Account Hierarchy Setup helper, if I enter, say $1000 in
the Credit column of my Equity:Opening Balances account with a transfer to
Assets:Current Assets:Checking Account, everything works as it should: There
is $1000 Credit in my Opening Balances account, and the Balance is $1000.
There is a $1000 Debit in my Checking Account account, and the Balance is
$1000.

     However, when I deleted the transaction and the Equity account
hierarchy, then recreated the hierarchy and reapplied the transaction, the
split in the Opening Balances account was incorrect! It showed a balance of
-$1000. The problem seems to be that there is no way to change the meaning
of the entries in the Credit and Debit columns. When a new account is
created "manually", by default, Debit entries increase the account balance,
and Credit entries decrease the account balance, unless the account
hierarchy is created using the Account Hierarchy Setup helper.

Thanks!

Shane



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