[GNC] I need basic help
David Cousens
davidcousens49 at gmail.com
Wed Oct 18 16:11:07 EDT 2023
Edwin,
I would suggest you read at least the introductory sections of the GnuCash
Tutorial and Concepts guide under the heading Basics
https://www.gnucash.org/viewdoc.phtml?rev=5&lang=C&doc=guide and/or the Help
Manual https://www.gnucash.org/viewdoc.phtml?rev=5&lang=C&doc=help
. This will give you a good idea of how GnuCash operates and the basics of
double entry accounting.
David Cousens
On Wed, 2023-10-18 at 13:09 -0500, Edwin Booth wrote:
> Hi. New to this. I just downloaded an OFX file for a credit card I have. I
> imported it into my “Unsaved Book.” That worked. It is now on the Accounts
> Page with an amount under the “Total” column. But there is also a line that
> says “Imbalance-USD” with the same same amount under Total. I understand (I
> think) that that Imbalance is due to the fact that I have no other account
> in there and so there is nothing to balance my CC account with.
>
> So, I obviously need to enter some new accounts. I haven’t paid off all of
> that CC account, but I have paid some of it. The unpaid portion would be
> under “Liability” I assume, and the paid part under “Expense.”
>
> Not sure what to do next. I’m running GnuCash on a MacBook Pro, which I’m
> also pretty new at.
>
> Thanks,
>
> Edwin
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