[GNC] Why is part of a split registered as "rebate" in the Transfer account?

Boniforti Flavio boniforti.f at gmail.com
Thu Nov 21 16:52:14 EST 2024


Hi all.

I've just sold one of my instruments, for which I already have a dedicated
account "Assets:Current Assets:Music Equipment EUR:Korg MS-20M".
The opening balance for this item is 800 EUR.
I now sold it and I got 1214 EUR for it. So I entered 1214 in the "Total
Increase" column, with "Transfer" my EUR Checking account. Then I added
splits:
800 "Total decrease" so that the item's value is 0 (as I sold it, I don't
have anymore its value at home) - Transfer = "Korg MS-20M" account;
378,51 "Total decrease" (which is the surplus I made) - Transfer =
"Income:Music Equipment Sold EUR"
35,49 "Total decrease", the price I paid for shipping this item to the
seller - Transfer = "Expenses EUR:Post:Shipping cost of sales"

Now when I look at the last account listed, I see 35,49 in the "Rebate"
column and the "Expense" column is empty - which in the end results in a
negative total:
[image: image.png]
What am I doing wrong?

Thanks,
Flavio.

https://www.instagram.com/boniforti_music
https://soundcloud.com/boniforti_music
https://bonny-j.bandcamp.com
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