On 10/16/2021 11:22 AM, Tom Browder wrote:
My bank's checkbook register has the "withdrawal" and "deposit" columns in the reverse order of that shown in Gnucash. Is there any way to reverse them in Gnucash for ease of use?
It is customary practice, when showing both the debits and credits for an account, to have the debit column to the left of the credit column.
What is confusing you is forgetting that your point of view and the bank's point of view they are opposite. The money in your account is a asset for you, normally a debit balance, but it is a liability for the bank, a credit balance. They owe you that money.
The statement you get from the bank is your account with them from their point of view. That should be opposite from your point of view (what's in your books, not their books)
Michael D Novack _______________________________________________ gnucash-user mailing list [email protected] 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.
