[GNC] Transaction Report << offline >>
Michael or Penny Novack
stepbystepfarm at comcast.net
Fri Dec 9 16:25:39 EST 2022
> I solved my problem.
> ........
>
> I may not be using GNUCash the correct way but it works for my needs.
> .......
> All my deposits would go to income account and all my withdrawals would come out of my expense account.
> Since the expense account started with a zero balance it would always have a negative balance that would continue to grow as transactions where added as credit/withdrawal.
It is not so much using gnucash (in particular) the wrong way as not
doing double entry bookkeeping properly. It means that most helper folks
here will not be able to help you. We won't be able to answer questions
like the one with which you began "why is this negative?"
a) Using an app like gnucash to partially automate double entry
bookkeeping does not mean that you can skip learning the fundamentals of
double entry bookkeeping << those who learned the old way, pen and ink
on paper, first entering in the journal and then posting to the ledger
accounts will know what is being automated >> You will be far better
off in the long run not skipping the "fundamentals".
b) Somebody like myself, having learned in the old days doing
bookkeeping by hand, can utilize gnucash in unorthodox ways. And I do
that sometimes. But I know how that will affect what report now means
what, etc. Not to be recommended until you really know what you are doing.
Michael D Novack
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