[GNC] Need help with a Savings account

Dale Alspach alspachde at gmail.com
Mon Apr 15 18:24:49 EDT 2019


A simple rule for getting the debit and credit correct is

money flows from credit to debit.

So if you want to remove $10 from the savings account that will be a
credit of $10 to savings and debit of $10 to some other account(s) such
as Expense.

Dale

On 4/15/19 5:11 PM, ToddAndMargo via gnucash-user wrote:
> Hi All,
> 
> Now that I am feeling brave coming off of creating a charge
> card account, I decided to create a saving account.
> 
> My bank statement shows deposits as positive numbers and
> withdrawals as negative numbers, so I decided to follow suite
> 
> Okay, I set the initial test balance to +100.  It shows in
> balance as 100.  All is well so far.
> 
> Then I put 10 in the debit column of the account, meaning I
> withdrew 10 from the account.
> 
> Problem: the balance went to 110, not to 90.  What did
> I do wrong THIS time?
> 
> Many thanks,
> -T
> 
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> To update your subscription preferences or to unsubscribe:
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> If you are using Nabble or Gmane, please see
> https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.


More information about the gnucash-user mailing list