Hi Michael. Thanks for confirming that it's a valid transaction with 2 accounts increasing their amount. Not being this my daily business, it happens that I forget some details on how things work. It just takes some time, and then kind people like you help me remember things.
I'm not bothered about the fact that both amounts are positive - it's crystal clear. I wish you a wonderful and chill weekend during which you shall find time for relaxation. F. https://www.instagram.com/boniforti_music https://soundcloud.com/boniforti_music https://bonny-j.bandcamp.com Am Sa., 9. Nov. 2024 um 16:47 Uhr schrieb Michael or Penny Novack via gnucash-user <gnucash-user@gnucash.org>: > On 11/9/2024 6:58 AM, Boniforti Flavio wrote: > > \ > > *USD Dividends* > > You're right, it was not at the right place. I moved it under "Income". > > When I get paid dividends, how should I register this transaction? Do I > > increase both the "Income:USD Dividends" and the "Assets:IBKR:USD Cash" > > accounts? > > The last sentence indicates you should defer asking about more > complicated issues until after you have gone back and redigested > "fundamentals of double entry bookkeeping". Use either the gnucash > tutorial or a more comprehensive "accounting/bookkeeping 101". > > You just asked SHOULD I enter a transaction with at least two accounts > affected with total debits equaling total credits << more or less the > definition of a valid double entry transaction >> > > YES --- both ......USD Dividends and ,,,,,,,,,, USD Cash are increasing > by the amount of the dividend. but their SENSE is opposite, The > account.....USD Dividends is an increasing credit (credit is the usual > sense of an account of type income) and ...USD CASH is an increasing > debit (debit being the normal sense of an account type asset). > > If it bothers you that both amounts are "positive" STOP. The senses are > not "positive" and "negative" but "debit" and "credit" with all numbers > positive. Double entry bookkeeping developed before Western mathematics > accepted negative numbers. The only operation is addition because "a > number plus a number is a number" is true but "a number minus a number > is a number" is not true as long as "a number" means a positive number. > > Michael D Novack > > > _______________________________________________ > 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.
