On 09 December 2022 at 15:58, Mahon Finbar said: > Hi, > I am sure this is explained somewhere, but I haven't been able to find a > simple explanation. > > I have a register of transactions in an a/c called credit card. > > I enter the data from the monthly statement, allocating them to various > expenses and enter the monthly payment from a bank account. > > [In my naivety]?? I assumed that when I enter the monthly payment the a/c > will reflect the 'net' situation, i.e. the balance of current transactions > less the latest payment. > > I seemed to be motoring along ok until a while ago when everything in the > balance column ended up -ve!! > > Typically a se of entries looked like this - > > but now it looks like this - > > Obviously I have been doing something wrong or have created an error. > > But what??
Probably entered either the payment or the purchases in the wrong column. Purchases should be in the Credit column and payments from the bank account should be in the Debit column. (That is, when you look at the credit card a/c. Obviously the payment will be in the Credit column in the bank a/c). _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
