On Mon, 12 Dec 2022 at 20:49, Michael or Penny Novack < stepbystepf...@comcast.net> wrote:
> On 12/12/2022 8:21 AM, Dr. David Kirkby wrote: > > > Given a simple transaction has two splits, how many should this have? > > > We aren't going to be able to help much while fundamental concepts are > misunderstood because that would affect the meaning of terms. > > a) In double entry bookkeeping the SIMPLEST form of transaction affects > TWO accounts, one for the debit side and one for the credit side. We do > NOT call such a transaction a "split". > My terminology does not seem to differ much from the link below. I have solved my problem now - I have 3 splits, 3 accounts, and it all seems to be okay. https://www.gnucash.org/viewdoc.phtml?rev=4&lang=C&doc=guide 2.9.3. Simple vs. Split Transactions Every transaction in *GnuCash* has at least two splits, but a transaction can have more than two splits. A transaction with only two splits is called a *simple transaction*, since it only involves the current account and a single remote account. A transaction with three or more accounts is called a *split transaction*. Dave _______________________________________________ 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.
