[GNC] Credit Card Charge Decreasing Account Balance
DaveC49
davidcousens at bigpond.com
Sun May 27 01:01:19 EDT 2018
What version of Gnucash are you using and what platform is it running on.
When you look at an individual charge transaction, the balance after the
transaction should be larger than the balance before the transaction with
the reverse for a payment. Whether that balance is shown as a negative or
positive number will depnd on the Reverse Balance Accounts setting in
Edit->Preferenes on the Account tab.
Changing the preference to have Reverse Balance Accounts-None checked should
result in the balance being shown as negative value, which increases in the
negative direction when a charge is added (where the sum of the charges is
greater than the sum of the payments to the account) and should become less
negative when a payment is recorded I.e. for a liability account the normal
balance is negative with this preference selection.
With the Reverse Balance Accounts preference Credit Accounts checked (which
is the default setting), the balance value will be positive (when the value
of all charges to the account is larger than the value of all payments) and
a charge to the account should increase this positive value and a payment
should decrease the value.
One other comment is if you change the preference settings you may have to
force the register to be redrawn with the new settings. A simple way to do
this is to change to another register and change back. The redraw seems to
be done automatically for the change of the above settings, but not if you
change the preference for formal accounting labels.
David Cousens
If this is not the behavior you are observing
David Cousens
If this is not the case, what version of GnuCash are you using and on what
platform
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David Cousens
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