On 2/5/2023 4:05 PM, Robert Heller wrote:
I believe this is a function of the account type. "Bank" accounts get the
Withdrawal and Deposit labels, and others get labeled the Debit and Credit (I
think credit [card] accounts get labeled with Charge and Payment).
At Sun, 5 Feb 2023 15:50:18 -0500
Depends on account type but check your Prefs >> Accounts >> Use formal
accounting labels setting - try toggling it off and on.
Cheers David H.
On Mon, 6 Feb 2023 at 06:51, King Mak wrote:
> Good day,
>
> How does one change the word Debit and Credit to Withdrawal and Deposit?
>
> Thank you
>
>
I believe this is a function of the account type. "Bank" accounts get the
Withdrawal and Deposit labels, and others get labeled the Debit and Credit (I
think credit [card] accounts get labeled with Charge and Payment).
At Sun, 5 Feb 2023 15:50:18 -0500 King Mak wrote:
>
> Good day,
>
> How
That depends.
To you, your bank account is an asset. Debits increase assets and
credits reduce them, so a deposit is a debit and a withdrawal is a
credit -- to you.
To the bank, your account is a liability: money that they are holding
but do not own and must one day repay. Debits decrease liabili
Good day,
How does one change the word Debit and Credit to Withdrawal and Deposit?
Thank you
--
*Dr. Polycarpe N. Makinga*
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