[GNC] credit account negative balance increases with payment

Adrien Monteleone adrien.monteleone at lusfiber.net
Mon Mar 6 13:03:26 EST 2023


No. That shows a 'contra condition' as negative numbers.

The normal balance for a Liability (when you owe someone else) is a 
Credit balance.

GnuCash represents Credit balances as negative numbers.

If you have 'reverse balance' set to Credit Accounts, than those 
accounts will only show negative if they are the *opposite* of their 
normal balance.

In this case, if you owe the card company, with that preference set, 
your account will show as a positive amount. The more you charge on the 
card, the more the balance goes up positively from zero.

As you pay it down, the number shrinks and goes towards zero.

If you overpay, then it will go negative.

Since you have described the opposite condition, one or more, or likely 
all transactions in that account are backwards. That will supply endless 
confusion until it is fixed. (this also affects every other account with 
balancing splits to that card - bank, expenses, etc.)

Regardless of your column labels, all charges should be in the right 
column (credit), and all payments and any reverse charges in the left 
column. (debit)

Regards,
Adrien

On 3/6/23 10:09 AM, Custom Shots wrote:
> John Ralls,
> In GnuCash Preferences: Accounts: Reverse Balance Accounts: Credit Accounts
> is selected. That shows amounts owed as negative numbers..



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