Reconciling an account

EngineInstitute info at chinablueart.com
Tue Jun 13 13:14:39 EDT 2017


Maf,
Yes it is confusing.
Ok got 2.6.15
In the accounts tree the credit card account is listed directly under
Liabilities. When looking at the preferences of this account under
Edit/Preferences/Accounts it is listed under Reverse Balance Accounts as a
Credit account. This category I understand is a for credit cards (vs Income
and expense).  Formal label accounting is off. On the accounting page for
the credit card headers for columns read from left to right beginning with
Transfer: R, Decrease, Increase, Balance.
When a credit card payment is made from the checking account it is reflected
as decrease on the bank side (correct) and an increase on the credit card
side (wrong).
I hope this clarifies this problem.




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