[GNC] Need help with a Savings account

Fred Bone Fred.Bone at dial.pipex.com
Thu Apr 18 04:30:20 EDT 2019


On 17 April 2019 at 19:12, ToddAndMargo said:

> On 4/16/19 1:24 AM, Fred Bone wrote:
> >> So I should switch my opening balance to a negative number?
> 
> > Possibly. It rather depends on whether your account was overdrawn when
> > you started your current books.
> 
> My paper bank book and bank statement shows a positive number.
> 
> They way I am understanding this, they own me a debt, so I
> should enter it as a negative number for opening balance
> because they have a debt to me

Your choice. 

You should enter it as a negative amount if you insist on putting the 
amount in the "credit" column. Gnucash will then transfer the amount, as 
a positive number, to the "debit" column for you. 

Or you can enter it in the "debit" column, as a positive number.



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