Im new to this program and really need a hand. I have read the manual and tried a good few searches also.
My issue is to do with billing. Ok, I have a set of business accounts up an going. I have set up vendors I enter a new vendors bill, add all the details and select expense: stationary as the as expense account. the amount is $34 I then post it and I have set up the A/P payables under liabilities and all seems well. Here is where I get confused. I look at the chart of accounts and go to Liabilities - Payables and the transaction is listed as a bill which makes perfect sense. I then go an pay invoice and transfer from checking account. The result is that in payables its stated as a payment and the amount is deducted from payables and this too makes sense. Now, when I go to the expense account: Stationary the transaction is listed as -$34 in red. Why does it not reduce this expense account once I make a payment similar to what it did in payables? and why is it a negative balance? Is it meant to reduce the expense account or does the expense account just keep add up all the transactions that are put in it? Confused on this and any help would be grateful. Other than this I am making great progress and really like the program and can't believe the amount of tools in it -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
