Just a thought, if you haven't set up your savings account before and you are setting up the initial balance as the transaction you are referring to you would debit the savings account and credit an equity account. Most likely a beginning balances account.
Thank You, Gyle McCollam Gyle McCollam gmccol...@live.com<mailto:gmccol...@gyleshomes.com> email ________________________________ From: gnucash-user <gnucash-user-bounces+gylemc=gmail....@gnucash.org> on behalf of Abe Sternberg <abe.h.sternb...@gmail.com> Sent: Monday, February 20, 2023 12:46 PM To: gnucash-user@gnucash.org <gnucash-user@gnucash.org> Subject: [GNC] Interest Income I have just started using Gnucash for my savings account, not much money involved here, and wanted to enter my first transaction. Not being good at double-entry bookkeeping, I have no idea what are the two off-setting accounts. I imagine that I use income, but what is the other account? Thanks for your help to a dumb guy. Abe _______________________________________________ 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. _______________________________________________ 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.
