[GNC] Help request starting out with Gnucash
flywire
flywire0 at gmail.com
Sat May 4 22:53:24 EDT 2024
David, the guide even warns that accounting debits and credits are
used contrary to the way most people understand them. The average
punter will be wrong, and if they get it right the next punter will
likely bet they are wrong.
https://lists.gnucash.org/pipermail/gnucash-user/2024-May/111801.html
Generally then the sense of debits and credits in a bank statement is the
> reverse of what they mean in your personal accounts.
Exactly, perspective. It's like saying the sun is on your left side. Much
clearer to say it's on the western side, or it's a deposit to a specific
account (though I agree some of the simple terms are confusing and could be
revised).
It's not really important though because after a few transactions you know
which side to use, especially if you did the tutorial in the Guide first.
BTW, the referenced thread didn't reach a conclusion to the example in July.
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