I always went the 'pen and ink' route at work, I firmly believe a paper-trail is essential, especially when every transaction is logged in an audit trail, like in Sage Line 50 etc. This way you have a reason and provable explanation as to why a transaction was altered, especially months later when an auditor asks 'Why was this changed?'. For personal finances I go the 'correct the transaction' route, after all I'm not going to 'carpet' myself.
On Sat, 16 Sept 2023 at 22:32, Stan Brown (using GC 4.14) < stan...@fastmail.fm> wrote: > On 2023-09-16 13:31, R Losey wrote: > > > There are functions to Cut, Copy, and Paste Transactions... I use them > when > > I find I have posted a transaction to the wrong credit card account. > > For those who may not know ... It's also possible simply to change the > wrong credit card to the right one, directly in the original > transaction. If you do it in the account register for the wrong account, > the transaction will disappear from that register (and appear in the > correct account's register, if you have it open) as soon as you press > Enter to commit the transaction. > > There are two main philosophies around correcting transactions. One > thinks in pen-and-ink terms and so will enter a correcting transaction: > in the case of a credit-card transaction that means a debit to the wrong > account and credit to the correct account. The other will correct an > error by editing the original transaction as outlined above. (Some > people will edit a recent transaction but not a transaction that was > entered months ago. That's my own approach.) > > For people's personal finances, it's a matter of taste which approach to > use. I just mentioned editing an old transaction as another possibility. > > Stan Brown > Tehachapi, CA, USA > https://BrownMath.com/ > _______________________________________________ > 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.
