The responses make it clear Vince's results are as expected. Why are mine
different? See https://bugs.gnucash.org/show_bug.cgi?id=798964#c14
On Sat, 1 Jul 2023 at 14:00, flywire wrote:
> Is it CR or DB?
>
Regards
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On 2023-07-01 18:26, R Losey wrote:
> Helpful, but I spent too much time away from the accounting world, and I've
> gotten used to the more general usage of "credit" and "debit" words in
> general English, where debit is used for "take away from" and 'credit' is
> used for "add to".
>
> Thus I use
Helpful, but I spent too much time away from the accounting world, and I've
gotten used to the more general usage of "credit" and "debit" words in
general English, where debit is used for "take away from" and 'credit' is
used for "add to".
Thus I used the simplified terms in GnuCash.
Here is the
I admit I am a bit lost as to what specific issue is being discussed here
beyond the (recurring) challenge of translating double-entry accounting in
simple terms, which is real but hardly a GC specific challenge.
As relating specifically to account balances (if this is what is being
discussed), th
I understand your post is in the context of the importer - which is a
whole different beast, but discerning the 'normal' balance of account
types is not a mystery. It is dependent on their position in the
Accounting Equation.
Assets = Liabilities + Equity
*adding in the special Equity type a
On 7/1/2023 12:00 AM, flywire wrote:
Is it CR or DB? Who knows, toss a coin:
https://bugs.gnucash.org/show_bug.cgi?id=798964
An interesting list of accounts adapted from a comment with an `*` next to
the main account types:
Easy to tell which column is debit and which credit. The debit column
Is it CR or DB? Who knows, toss a coin:
https://bugs.gnucash.org/show_bug.cgi?id=798964
An interesting list of accounts adapted from a comment with an `*` next to
the main account types:
* BALANCE ACCCOUNT TYPE DEBITCREDIT
debitNONE Funds In Funds Out
debit
flywire,
That looks like a bunch of documentation bug candidates.
Though I'm pretty certain, the non-formal labels are default on new
installations.
And with regards to explaining Accounts or Transactions first, I think
it would be awkward to explain entering a transaction without first
exp