[GNC] new to gnucash
Steve Butler
kg7je at arrl.net
Sat Jan 5 11:55:55 EST 2019
Sounds right to me.
Remember that Asset and Expense accounts are Debit accounts. So Debit
increases and Credit decreases the balances in the accounts.
Liability, Income, and Equity/Capital accounts are Credit accounts. So
Debit decreases and Credit increases the balance.
On Sat, Jan 5, 2019, 08:44 Mike Kerstetter <mkerstetter62 at gmail.com wrote:
> Hello all. I'm brand new to gnucash. I want it to do just the basics of
> keeping a register and reconciliation of a couple bank and credit card
> accounts. I had Money Sunset Deluxe and currently have Quicken (which is
> now charging a yearly subscription). I'm muddling through setting up my
> accounts and I am baffled at the seemingly backward credit and debit
> columns in the register. A deposit to my Checking (or payment to my
> credit card account) shows up under "DEBIT" and a charge to my accounts
> shows up under "CREDIT". The balance is correct. Am I doing something
> wrong in my set-up?
>
> Thanks,
>
> Mike Kerstetter
> _______________________________________________
> 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