OK, I get that now, I thought I should register it under "gifts" a debit headline. but it is better under 'gifts received'

Thanks

On 17/01/2022 18:09, Derek Atkins wrote:
Hi,

On Mon, January 17, 2022 10:51 am, Mahon Finbar wrote:
Hi,

My wife got a cheque (or check if you insist) and lodged it in her bank
account.

I want to enter it as a deposit to her a/c. It only seems to accept
Assets:Current Assets:Cash in Wallet as a transfer entry without
entering two transactions - deposit and withdrawal....

Since the amount will be credited to the a/c "cash in wallet" somehow
doesn't seem right?

Is there a 'proper' way to enter a cheque lodgement?
Just like any other deposit....   You debit your checking/bank account for
the amount of the check, and then credit the amount from wherever the
funds are coming from, like Income:Salary, Income:Gifts Received, etc.

Why did she get a check?  What was it paying for?  That will help you
decide where the credit the funds.

Finbar
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-derek

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