My GnuCash is the same way; I have "Reverse Balanced Accounts" is set for
Credit accounts. I don't remember changing this, so it may have come this
way. I also am not using the formal accounting labels.
Regardless, charges to the card should be in the right-hand column, and
payments should be in t
That's it. I entered -4448.88 where I should have entered 4448.88.
Thank you!
On Mon, Nov 27, 2023 at 6:35 PM Dale Alspach wrote:
> What did you enter as the ending balance in the popup when you started the
> reconciliation? You should have entered 4448.88.
> Dale
>
> On Mon, Nov 27, 2023 at 4:5
What did you enter as the ending balance in the popup when you started the
reconciliation? You should have entered 4448.88.
Dale
On Mon, Nov 27, 2023 at 4:57 PM Tom Balazs wrote:
> This statement period begins with a negative balance, so the very first
> transaction (the first in the whole ledge
This statement period begins with a negative balance, so the very first
transaction (the first in the whole ledger) is in the right column, it is a
"charge" for $9,851.37.
Where a business refunded me $7.99 that appears in the left column as a
"payment".
When I paid down the credit card balance, th
When you look at the account register, you should see two columns next to
the balance column. The column on the right (Charge or Increase if not
using accounting labels) should begin with 9,851.37; all charges should be
in that column as positive entries. All payments should be positive entries
in
In the Reconcile window I have checked off all the appropriate transactions
as reconciled.
Under preferences I see "Accounts / Reverse Balanced Accounts" and Credit
accounts is checked.
Does that mean that a credit card balance of $100, is actually -$100 in my
net financial worth? In which case it
Tom,
Check the signs - one is positive the other is negative they should be the
same signage. The difference between +$4,448.88 and -$4,448.88 is
$8,897.76. Have you set up the credit card as a liability, do you have
"Accounts" >> "Reverse Balance Accounts" checked on in preferences etc.
Your fi
Have you cleared all of the transactions from your statement?
Dale
Dale
On Mon, Nov 27, 2023, 12:02 PM Tom Balazs wrote:
> I'm having trouble understanding the GnuCash Reconciliation window.
> Specifically, the Ending Balance, Reconciled Balance, and Difference.
> Note: I'm not using GnuCash fo
I'm having trouble understanding the GnuCash Reconciliation window.
Specifically, the Ending Balance, Reconciled Balance, and Difference.
Note: I'm not using GnuCash for my personal finances. And I'm not doing
that because I'm good with my finances. I have struggled with this stuff.
You may want t
