[GNC] splits 3+ accounts, how to

[Mike or Penny Novack]

On 4/24/2018 10:39 PM, DaveC49 wrote:
> Eric, Mike
>
> To be fair to GnuCash, I have not been able to find a formal definition of
> split in my accounting text books
In the senses we are using here, there would not be a definition in 
accounting text books. In formal accounting, a transaction is (first) 
entered into the journal with as many lines as needed, one line per 
account, plus one or more lines for description << there must be at 
least two accounts . Simply nothing special about having more than one 
debit account and more than one credit account.

With gnucash we are using "spit" to refer to the process by which we are 
entering transactions. If a transaction affects only two accounts it can 
be entered on one line. But if more than two accounts we have to 
use"split". That changes the view so we can enter the transaction as if 
we were doing it in the journal.

Michael