Confused by "Reverse"

[Adrien Monteleone]

Set that preference for Reverse Balanced Accounts to ‘credit’.

That’s the way I have mine set and every account with a ‘normal’ balance is positive. Only contra-balanced accounts show negative.

Note, you can play with this setting and the CoA should update in real time without having to exit the Preferences window.

Regards,
Adrien

> On Feb 24, 2018, at 11:36 AM, Stan Brown <the_stan_brown at fastmail.fm> wrote:
> 
> Using 2.6.18.
> 
> I want credit balances to be positive in liabilities, equities, and
> income, and debit balances to be positive in assets and expenses. I'd
> think this was standard, but I can't find any way to have it in both the
> Assets & Liabilities » Balance Sheet report and the Assets & Liabilities
> » General Ledger report. (The latter appears on a tab called Transaction
> Report.)
> 
> In Edit » Preferences » Accounts, I set "Reverse Balanced Accounts" to
> None, but then all my credit accounts we backwards in the Balance Sheet.
> (Exception: Retained Earnings is not backwards.) There's no "Reverse"
> option in Edit » Report Options, so I figure I must be misunderstanding
> the setting in Edit » Preferences » Accounts, and change it to Credit
> Accounts. That fixes the Balance Sheet, but now the amounts are
> backwards in credit accounts in the General Ledger report (though the
> totals of credit accounts in that report are not backwards). There's no
> reversing option for that report either.
> 
> What am I doing wrong?
> 
> -- 
> Regards,
> Stan Brown
> Tompkins County, New York, USA
> http://BrownMath.com
> http://OakRoadSystems.com
> 
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