Thanks anyways - probably it's best for me not to try and put everything from this sale into one transaction (with multiple splits). I'm not understanding how to make it work :-( It will look weird, but I could enter 3 transactions of "income" into my checking account: 800 (which I use to "zero" the value of my instrument), 35,49 (for the shipping) and a third one which goes into my "gain"... What do you think?

Often you can get around having to do a split transact by using more than one. For example, sell an item of inventory (basis X) for Y you could do two transactions. One: Debit cash and credit sales Y. Two: Debit cost of goods sold and credit inventory batch X. Clunky, but easy.

However, that was a special case. In general, the debits and credits need not be the same (just total debits = total credits). So if that had been debits of 6 and 4 and credits of 7 and 3 going to have to do it with a split transaction.


Michael D Novack


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