Hi Chandler/GnuCash users, https://distrowatch.com/table.php?distribution=debian - you mentioned using GnuCash 5.8 on Debian, but which version of Debian are you using?
https://flathub.org/apps/org.gnucash.GnuCash - if you would prefer to use the most current version of GnuCash (5.10), using the Flatpak is another option. https://flatpak.org/setup/Debian - if you are interested in using Flatpak on Debian. --- Thanks, Brad - https://www.facebook.com/brad.morrison.12327/ & https://norcal.social/@BradMorrison On 2024-12-16 21:35, Chandler Sobel-Sorenson via gnucash-user wrote: > Guys, this is funny because literally no one speaks like this. I've > also been using GnuCash for years and never been confused like this > before. > > Stan Brown (using GC 4.14) wrote on 12/16/24 4:25 PM: > >> Assets and Expenses: Debit increases, credit decreases >> Liabilities, Equity, and Income: Credit increases, debit decreases. > > This part is interesting. If this is how CPA's describe it, so be > it. For us common folk we mostly only talk about Assets and > Liabilities, and we talk about them backwards I guess! > > A credit to my bank account (asset) is money in, increasing the value. > > A debit decreases the value. Everyone knows that their "Debit" card > takes "Funds Out" of their bank account and gives it to the grocery > store or whoever we're paying. > > A credit to a liability like my credit card is money that's given > back to us, it decreases the total liability or amount owed. It's > "Funds In" to our account, regardless if it's a bank account (asset) or > a credit account (liability)! > > Derek Atkins wrote on 12/16/24 1:57 PM: > >> I recommend you read the GnuCash documentation which goes into great >> detail about this. > > I think I'll just remember that it's backwards instead! > > Thank you all for the insights! > _______________________________________________ > 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.
