[GNC] credit card opening balance

[Gary Holtum]

Adrian,
As entertaining as this thread has been, it is difficult for me to admit that I long for it to end. It is hard to watch you offer the quantity and quality of help to someone who apparently is living in another dimension. Anyway, I may be out of line and if so I'm sorry. I just hope the end is near.
Gary  

-----Original Message-----
From: gnucash-user [mailto:gnucash-user-bounces+diamondhranchqh=earthlink.net at gnucash.org] On Behalf Of Adrien Monteleone
Sent: Friday, April 12, 2019 12:07 PM
To: Gnucash Users
Subject: Re: [GNC] credit card opening balance

I had the same understanding.

The OP didn’t grok ’transfer’ and asked how to get rid of it.

So I advised to switch views to Transaction Journal.

Then he didn’t understand why there were two entries for each transaction (though I had already explained that would happen), a charge and a payment. (he hadn’t switched labels yet) Since he was still using informal labels, those are the column headings. So I again recommended switching to formal debit/credit labels.

It was then the OP, understanding what was happening, decided this was more ‘accounting’ than he was interested in accomplishing and so is likely going to use a spreadsheet instead.

All of this happened across about 3-4 separate threads, so you might not catch all of that in this one.

Regards,
Adrien

> On Apr 12, 2019, at 7:11 AM, David Carlson <david.carlson.417 at gmail.com> wrote:
> 
> 
> Now I am confused, because I thought the topic was about which account to
> assign an opening balance for a credit card to, then it changed to whether
> to ... use "traditional accounting labels" ... instead of 'charge' and
> 'expense', with a side trip into whether to use single line or two line
> views or transaction journal view.
> 
> The underlying transaction (once it is correctly entered) would remain the
> same regardless of which view preference is selected or which account
> register the transaction is viewed in.  I could tell you my personal view
> preference, but that would just add to the confusion.  It is up to the user
> to try them out and come to his own conclusion.
> 
> -- 
> David Carlson

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