[GNC] credit account negative balance increases with payment
David Cousens
davidcousens49 at gmail.com
Sat Mar 4 16:38:15 EST 2023
I would take Stan's advice and change, at least temporarily, to the formal
accounting labels. The logic implemented in GnuCash to keep to the accounting
formalism is most clearly expressed in that format.
A purchase made via a Credit card account (a liability) will have a an entry
with a split crediting that account with the other split a debit entry to an
asset account(capital purchase) or an expense account. This will increase the
(positive) balance of the account.
A payment to the credit account should be a credit entry split to your bank
account and a debit entry split to the credit card account. This will decrease
the credit card account (positive) balance. Unless you overpay it, your credit
card should not have a negative balance.
Anything else will then likely be an incorrect transaction.
David Cousens
On Sat, 2023-03-04 at 11:26 -0700, Custom Shots wrote:
> I just noticed this. Something has changed. I keep 30 day backups and this
> has been going on in all my backups. When I add a payment transaction to my
> credit card account the negative balance increases instead of decreasing.
> Any clues to what is happening? I am using GnuCash Version: 4.8 Build ID:
> 4.8a+(2021-09-28) on Ubuntu 2022.04.2. The second half of the double entry
> transaction, the withdrawal from my checking account, works correctly.
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