Transfer query.

[Eric Coates]

Hi Ken

I had a similar problem when I started with gnuCash - and so, it seems, 
have lots of other people:

I am guessing that when you look at the tab for your current account two 
of the headings are "Debit" and "Credit" and when you pay your salary 
into the account the number appears in the "Credit" section. If that is 
the case first a word of explanation then the correction, if it isn't 
the case stop reading now, you'll just be wasting time!

"Credit" and "Debit" are technical terms that accountants use in a way 
somewhat different from "real" people. As a way of understanding this it 
may help to think that "ordinary" people tend to think in terms of how a 
transaction affects them, accountants think in terms of how it affects 
the counter party (when you deposit money in a bank you see it as 
crediting you, an accountant sees it as creating a debt the bank owes 
you). If anyone knows of an easier/more correct way to explain it I, for 
one, would like to hear it

The solution is to click Edit/Preferences and choose the Account tab on 
the left side of the window. If I'm right in my guess (no guarantees!) 
you'll see the "Use formal accounting labels" is ticked. Untick it and 
close the window. Back in the main window close all open tabs and reopen 
your current account.

If I'm right in my guess (no guarantees!) the "Debit" and "Credit" 
headings will have changed to "Increase" and "Decrease". (Headings in 
your credit card tab will also have changed to "Payment" and "Charge"). 
These heading can be interpreted in an "everyday" sense and ... you'll 
see your payments INTO the account appear as decreases and payments FROM 
the account appear as increases which is wrong.

I know of no way to automatically correct the entries (someone else 
might) so I'm afraid you could be in for quite a bit of work. Sorry.

Take care

Eric


On 13/06/17 17:20, 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.  Therefore my credit card balance has doubled not reduced to zero.
>
>
> What am I doing wrong?
>
>
> Regards
>
> Ken.
>
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