[GNC] transaction report I think

[Michael or Penny Novack]

> What I would like the report to show is on deposits rather than 
> accounts receivable show I would like the Dues account to show or the 
> appropriate income transfer account. 

Ah, you have run into the difficulty of using stuff intended for 
"accrual basis accounting", but like many orgs you want to record dues 
"cash basis accounting". I believe the only reason you are not seeing 
this on the other side (when paying bills) is that you are not entering 
them as expenses when received (accounts payable). If I understand, you 
want to be able to invoice members but NOT consider dues income until 
actually received << proper; dues are NOT legally receivable when 
invoiced, renewing membership is voluntary >>

Suggestion --- review the tutorial with regard to the difference between 
"accrual basis" and "cash basis" accounting. Only when you have some 
understanding of that can I help you with possible work arounds << to be 
able to produce invoices for dues but NOT be on "accrual basis" >> When 
you think you understand, you'll know what you will be asking for, and 
I'll be able to help*.

> Also to have credit and debt swapped.  Not having accounting 
> background I'm sure it is something I need to do or setup.  If you can 
> point me in the right direction I would be appreciated. 

Did you mean "debit"? LOL, a debit in your books is the opposite of your 
debt. Came from Latin "he owes" (me)

The bank account in your organizational books is the opposite of that 
bank account in the bank's books. On YOUR books a "debit" means the bank 
owes you that money. On the bank's books they owe you that money: 
"credit" again from Latin "he trusts" (you). Latin because double entry 
bookkeeping is that old educated Europeans communicated in it if 
otherwise speaking different languages.

Debit is always to the left, credit to the right. In OLD FASHIONED 
ledger books, left hand page and right hand page.

Michael D Novack

* If you are not doing accrual basis books (most orgs use cash basis) 
you can set up a second set of books not used to enter transactions, 
just to generate invoices for dues/memberships/etc. That' the EASIEST 
workaround