Transfer query.

[David Carlson]

To elaborate on Derek's explanation, all the 'Charges' in your credit card
(Liability) account should appear on the right side in the credit card
account, and on the left side in the various expense accounts if you 'jump'
to the expense accounts.

On Tue, Jun 13, 2017 at 11:44 AM, Derek Atkins <derek at ihtfp.com> wrote:

> Hi
>
> On Tue, June 13, 2017 12:20 pm, Ken Tibbles wrote:
> > Hi,
> >
> >
> > I am trying to move from "MoneyMaker Ex" and use Gnucash for my home
> > accounts instead.
> >
> >
> > However, when trying to enter the payment of my credit card balance I
> > create a payment in my current accout (which shows as a withdrawl) with
> > the transfer to the credit account (an account under Liabilities) which
> > then shows as a  payment not a receipt.
>
> This is the correct behavior.  A payment to your CC should show up as a
> payment!
>
> >    Therefore my credit card balance
> > has doubled not reduced to zero.
> >
> >
> > What am I doing wrong?
>
> It sounds like you're entering all your credit card transactions wrong, as
> payments as opposed to charges.
>
> > Regards
> >
> > Ken.
>
> > Please remember to CC this list on all your replies.
> > You can do this by using Reply-To-List or Reply-All.
>
> -derek
>
> --
>        Derek Atkins                 617-623-3745
>        derek at ihtfp.com             www.ihtfp.com
>        Computer and Internet Security Consultant
>
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