[GNC] Debit and Credit columns wrong way round on one transaction report but not the other

[Adrien Monteleone]

I suspect you have way more accounts than just 2! (seriously, read the 
manual)

What do you mean by "wrong way 'round"?

Debit is always the left-hand column, Credit is always the right-hand 
column. They never swap.

Your *data* might be swapped though. (you've entered debits instead of 
credits, or the reverse)

Select the Building Fund account in the Accounts tab, and click the Edit 
button. What is the 'Account Type'? (bottom left pane)

It *should* most likely be 'Asset' and it's parent should be in the 
Assets part of the account tree.

If these are actual real-life accounts at a bank or other institution, 
then they *can* be of type 'Bank' but that is not necessary. They should 
still be in the Assets part of the the tree however.

And on that note, your debits and credits are likely not swapped. 
(unless you entered the transactions backwards)

When a financial institution says you have a 'credit' that is in *their* 
books. Your account with them is in the Liabilities part of their 
account tree.

But for you, that is a debit, because it is your asset.

(Assets & Liabilities are reversed accounts from each other)

A debit increases:

Assets, Expenses

A credit increases:

Liabilities, Income, Equity

In ALL cases, this is from the perspective of whose book you're discussing.

Your asset held by someone else is their liability, so in your books, an 
increase of a 'bank account' is a debit, but in their books it is a 
credit. (and vice versa if there is a decrease)

Regards,
Adrien

On 4/8/22 5:19 AM, Chris Green wrote:
> I have two accounts for my PCC using GnuCash, one is the general
> church fund and the other is the buiding fund.
> 
> For some odd reason the Debit and Credit column labels are the wrong
> way round on the building fund, other reports are OK.  What's going on?
>