[GNC] CC card balances

[Derek Atkins]

Hi,

On Fri, June 10, 2022 11:35 am, Kevin T wrote:
> I attached a snip jpg.  I don't know if they make it through.  The
> transfer is from an 'Asset' account.  I did check the preferences and the
> 'reverse' was set on the cc accounts.   I changed that and the balance is
> now positive.  
> Thanks.
> Kevin

no, your screenshot did not make it through, probably because you sent it
as inline-HTML (which gets stripped) vs sending it as a MIME attachment
(which gets sent through).

Having said that, if you transfer from an Asset to the CC, that *IS* a
payment and the account *SHOULD* be negative.

-derek

>
>     On Friday, June 10, 2022, 10:10:18 AM CDT, Derek Atkins
> <derek at ihtfp.com> wrote:
>
>  Hi,
>
> On Fri, June 10, 2022 11:01 am, Kevin T via gnucash-user wrote:
>> I have created a new credit card account.  Completely empty, zero
>> balance.From one of the other accounts, I have transferred monies to
>> this
>> account.Viewing this account, the transfers show up as entries in the
>> 'Payment' column, as they should.But...The balance becomes more negative
>> with each transfer.  This is counter intuitive to me.  Is there some way
>> of interpreting this different?Why?
>
> There are a couple of possibilities.  The first is that you are entering
> the transaction backwards.  This can happen easily if you, for example,
> enter the account from the Expense account.  This is why we (I?) always
> recommend you enter transactions from an Asset or Liability account.
>
> The other option is that your settings for showing reverse balances isn't
> set correctly.  This setting tells GnuCash to "reverse" the balance of
> accounts that are "normally" negative.  The default should be "Credit
> Accounts", but you may have accidentally changed it.
>
> Hope this helps,
>
>> Kevin
>
>> Please remember to CC this list on all your replies.
>> You can do this by using Reply-To-List or Reply-All.
>
> -derek
>
> --
>       Derek Atkins                617-623-3745
>       derek at ihtfp.com            www.ihtfp.com
>       Computer and Internet Security Consultant
>
>


-- 
       Derek Atkins                 617-623-3745
       derek at ihtfp.com             www.ihtfp.com
       Computer and Internet Security Consultant