[GNC] Can someone confirm if this split transaction is correct?

Derek Atkins derek at ihtfp.com
Mon Dec 12 08:29:33 EST 2022


You should have three splits.  You entered 4 splits (two splits into
Assets:PayPal:GBP).  That's why it's showing up twice.

Instead, you should merge those into a single split of 906-38.26, because
your Asset account really only increased by 867.74

-derek

On Mon, December 12, 2022 8:21 am, Dr. David Kirkby wrote:
> I am finally getting to understand this program a bit better, and are
> entering my company accounts. I just want to check if this looks right for
> a PayPal transaction for £906, where fees were £38.26. I'm a bit puzzled
> where there seems to be two split transactions, both showing the same
> information. Is this to be expected? The result looks right
>
> Assets -> PayPal -> GBP  shows  the expected £906 - £38.26  =  £867.74
> and
> Expenses -> Fees -> PayPal fees
> shows the expected  £38.26
>
> Given a simple transaction has two splits, how many should this have?
>
> Dr David Kirkby Ph.D
> Email: drkirkby at kirkbymicrowave.co.uk Web:
> https://www.kirkbymicrowave.co.uk/
> Kirkby Microwave Ltd (Tel 01621-680100 / +44 1621-680100)
> Stokes Hall Lodge, Burnham Rd, Chelmsford, Essex, CM3 6DT.
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-- 
       Derek Atkins                 617-623-3745
       derek at ihtfp.com             www.ihtfp.com
       Computer and Internet Security Consultant



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