Hi Shevach, I'm not an accountant, and I freely admit I struggle to understand double-entry book keeping. But I mange to get things sorted, by thinking of things logically.
Start looking at this from the Cash (In my Pocket) account. You've received some Income, so put that amount in the Income column, then fill in the Transfer column for where it's come from, and then the Description Column. Hit return and the Save. Now go and look at the Income (n.ya) account. It'll show the amount in the Income column, because that's what it is, you've received some income, which you've then "transferred" to "In my Pocket". I'm sure someone will come along talking about Debit and credit in the various accounts, but if you look at it logically as it is in the real world I find it much easier. Alan A Holmes -----Original Message----- From: gnucash-user <gnucash-user-bounces+gnucash=alanaholmes.me...@gnucash.org> On Behalf Of Shevach Pepper Sent: 06 February 2022 20:32 To: gnucash-user@gnucash.org Subject: [GNC] newbie question Hello there, I have two accounts: income (n.ya.) and cash (my pocket) I got payed $500 from n. ya. and the money is now in "my pocket". My problem is when I record in n. ya. charge $500 and in the transfer column 'my pocket" it records it as a "spent" right hand column. I just can't figure out why it is like this: According to my logic if it goes out of income then it should be received by "my pocket" Can someone help me to figure out my mistake? Thanks a lot Shevach _______________________________________________ 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. _______________________________________________ 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.
