bank entries

[Christine]

Hello
Thank you to Derek for getting me the formal accounts. I have set up my cash
account but now I realise that I need an opening balance and it seems I
cannot address this at this late stage. I managed to complete it for the
bank. I have a cash equity account but I would like the cash to go to the
opening balance instead. Can anyone guide me pls?

Christine 

-----Original Message-----
From: Derek Atkins [mailto:warlord at MIT.EDU] 
Sent: 27 November 2017 19:51
To: Christine via gnucash-user
Cc: 'DaveC49'; Christine
Subject: Re: bank entries

Christine,

Christine  via gnucash-user <gnucash-user at gnucash.org> writes:

> Hi Dave
> My accounts are Cash, Bank, Income, various expenses, and 2 people who 
> I pay money too and who pay to the bank.
> IF I balance one of the accounts another goes wrong. All I want to do 
> is add my bank and my cash and let gnucash do the rest (ie an income 
> and expenditure report) but it is not working. Reading the literature 
> I just get confused as I am used to DR and CR.
> Thanks anyway maybe I should look for an easier program if anyone 
> knows of one

Let's take a simple example of a grocery expense; you go to Kroger and spend
$25 from Cash.  To enter this in GnuCash you would open your Cash account
register, put in the date, Kroger in the description, then
Expenses:Groceries in the transfer column, and $25 in the Credit (or Spend,
or Withdrawal) column.

Most likely your problem is that you are opening up the Cash account and
then putting the Cash account into the transfer account as well.

I hope this helps?

> Christine

> 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, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available


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