Hi Richard. So you suggest setting the opening balance on the "Liabilities:Credit Card" to 884.25 instead of deducting that amount from the opening balance of my "Equity:Opening Balances"? Because the latter is what I did, following Murugan's reply...
Thanks for helping me better understand. F. https://www.instagram.com/boniforti_music https://soundcloud.com/boniforti_music https://bonny-j.bandcamp.com Am Mo., 23. Sept. 2024 um 19:09 Uhr schrieb R Losey <rlo...@gmail.com>: > > > On Mon, Sep 23, 2024 at 8:20 AM Boniforti Flavio <bonifort...@gmail.com> > wrote: > >> Hi list. >> > > Hello, and welcome! > > > >> >> I don't know how to phrase it with a one-liner, thus the subject line >> might >> be unclear :-( >> I'll try to explain. >> > > It was clear > > > >> I've started with GnuCash a couple of weeks ago, trying to understand how >> it works and how I can apply it to my personal finances. At one point I >> decided to put some real values in it and I put the "opening balances" for >> my bank accounts dating on the 31st of December, 2023. I am now slowly >> (but >> it is an exercise for me to understand how all this works) manually >> entering my transactions - please don't comment about this being >> time-consuming or similar: I know it already! :-) >> > > Well, your opening balance for your credit cards should have been whatever > it was on 31 Dec... per your records below, that should have been > 1136.80-252.55 (884.25). Then your checking account is reduced by the full > bill, and your credit card has a payment of 1136.80, which -- if there are > no new transactions -- should leave the credit card balance at zero. > > I hope this helps! > > > -- > _________________________________ > Richard Losey > rlo...@gmail.com > Micah 6:8 > _______________________________________________ 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.
