Hi,
On Thu, May 18, 2023 5:38 pm, Chris Ledbetter via gnucash-user wrote:
> Hi,
> Currently using GnuCash 4.14. I have Credit Card A with an opening
> balance (transfer Equity:Opening Balances) and subsequent transactions. I
> set up Credit Card B. I transfer the majority of the balance to Credit
> Card B but still keep Credit Card A. How do I set up Credit Card B
> transactions? In Credit Card A is move the balance as a transaction
> (transfer Liabilities:Credit Card:Credit Card B) and in Credit Card B the
> initial transaction is (transfer Liabilities:Credit Card:Credit Card A).
> Is this the correct way to transfer? Should Credit Card B have on
> Equity:Opening Balance?
Equity:Opening Balance is only used when you start GnuCash.
If you open an account after that, then no, you don't use Eq:O-B
What you suggest is correct. If you are transferring a balance from A to
B, then it's just a regular transaction from A to B.
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
-derek
--
Derek Atkins 617-623-3745
[email protected] www.ihtfp.com
Computer and Internet Security Consultant
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