[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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