[GNC] Importing CC Transactions, Positive or Negative, Debit or Credit?
Brad Morrison
bradmorrison at sonic.net
Thu Jan 16 15:20:03 EST 2025
Hi Tom & GNUCash users,
In case this issue turns out to be a bug:
What operating system are you using?
What version of GnuCash are you using? The current version is 5.10 -
https://gnucash.org/download.phtml
As far as importing data into GNC -
https://wiki.gnucash.org/wiki/FAQ#Importing.2FExporting_Data
---
Thanks,
Brad - https://www.facebook.com/brad.morrison.12327/ &
https://norcal.social/@BradMorrison
On 2025-01-16 11:55, Michael or Penny Novack via gnucash-user wrote:
> The statement from the credit card company is likely from THEIR point of view. Just like the statement of your bank account you get from your bank is from their point of view.
>
> What you owe them is a credit in your books but a debit in theirs. What money they owe you is a debit in your books and a credit in theirs.
>
> Michael D Novack
>
> PS --- It was once always positive amounts in double entry bookkeeping (older than negative numbers were accepted in Western mathematics). The senses are not positive and negative but debit and credit. Those senses do not correspond (whether a debit is positive or negative depends on what kind of account -- same with credit.
>
> On 1/16/2025 2:22 PM, Tom Balazs wrote:
>
>> I just imported a bunch of credit card transactions from a CSV file. I
>> imported them into a liability credit card account, positive values, column
>> title "amount".
>> But they all the purchases / charge transactions went into the "payment"
>> column, not the "charge" column. All the other info imported fine.
>>
>> Apparently I have to make those transactions either a negative value, or
>> the column title has to be "amount negated". Is that correct?
>>
>> Tom
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