[GNC] scheduled transactions: simple or compound interest calculations in

[Stan Brown (using GC 4.14)]

On 2023-10-22 13:36, Name Same wrote:
> One thing I note is that in the transaction template, I had to show
> a debit action into the bank account, and a credit action from
> Income:interest to keep the sheet balanced. Is that the right thing to do?

Absolutely. Debits must balance credits in every single transaction,
without exception.

If you get something in imbalance, it mean you entered an unbalanced
transaction. Then you need to find it and fix it.

Talking about a "credit action _from_ interest" confused me. Normally we
debit an account or debit to an account, and we credit an account or
credit to an account.

Stan Brown
Tehachapi, CA, USA
https://BrownMath.com