Sounds right to me. Remember that Asset and Expense accounts are Debit accounts. So Debit increases and Credit decreases the balances in the accounts.
Liability, Income, and Equity/Capital accounts are Credit accounts. So Debit decreases and Credit increases the balance. On Sat, Jan 5, 2019, 08:44 Mike Kerstetter <mkerstette...@gmail.com wrote: > Hello all. I'm brand new to gnucash. I want it to do just the basics of > keeping a register and reconciliation of a couple bank and credit card > accounts. I had Money Sunset Deluxe and currently have Quicken (which is > now charging a yearly subscription). I'm muddling through setting up my > accounts and I am baffled at the seemingly backward credit and debit > columns in the register. A deposit to my Checking (or payment to my > credit card account) shows up under "DEBIT" and a charge to my accounts > shows up under "CREDIT". The balance is correct. Am I doing something > wrong in my set-up? > > Thanks, > > Mike Kerstetter > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > If you are using Nabble or Gmane, please see > https://wiki.gnucash.org/wiki/Mailing_Lists for more information. > ----- > 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 If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
