[GNC] newbie question

[Alan A Holmes]

Hi Shevach,

I'm not an accountant, and I freely admit I struggle to understand
double-entry book keeping. But I mange to get things sorted, by thinking of
things logically.

Start looking at this from the Cash (In my Pocket) account. You've received
some Income, so put that amount in the Income column, then fill in the
Transfer column for where it's come from, and then the Description Column.
Hit return and the Save.

Now go and look at the Income (n.ya) account. It'll show the amount in the
Income column, because that's what it is, you've received some income, which
you've then "transferred" to "In my Pocket".

I'm sure someone will come along talking about Debit and credit in the
various accounts, but if you look at it logically as it is in the real world
I find it much easier.


Alan A Holmes

-----Original Message-----
From: gnucash-user
<gnucash-user-bounces+gnucash=alanaholmes.me.uk at gnucash.org> On Behalf Of
Shevach Pepper
Sent: 06 February 2022 20:32
To: gnucash-user at gnucash.org
Subject: [GNC] newbie question

Hello there,
I have two accounts: income (n.ya.) and cash (my pocket) I got payed $500
from n. ya. and the money is  now in "my pocket".
My problem is when I record in n. ya. charge $500 and in the transfer column
'my pocket" it records it as a "spent" right hand column.
I just can't figure out why it is like this: According to my logic if it
goes out of income then it should be received by "my pocket"
Can someone help me to figure out my mistake?
Thanks a lot
Shevach
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