Jeff,

Deposits to asset accounts *do* go in the debit column and expenditures go to 
the credit column.. You’re confused by your statements which report your 
account from the credit union’s point of view where your account is a 
liability—they owe you the money.

Please study the first chapter of the Tutorial and Concept Guide to get a basic 
understanding of the principles underlying GnuCash. We always recommend 
supplementing that with a basic accounting text for better depth.

Regards,
John Ralls


> On Jan 12, 2026, at 08:55, Jeff Albrecht <[email protected]> wrote:
> 
> Hi GNUCash users,
> 
> (some list members may remember a recent question I had about merging .OFX 
> before import. All the .OFX files were created by the cu. The merge 
> experiment, tabled, never touched my books)
> 
> I opened a money market account at my Credit Union (cu) in 2025. While 
> importing the entire year of transactions for the new account and others at 
> that same cu via a .OFX import I have mangled my books.
> 
> My cu accounts are Assets:CurrentAssets. I believe when asked during the 
> import I attached the transactions to a single existing 0 transactions empty 
> Assets:CurrentAssets emtpy Money Market account created from my original 
> import from Quicken or from GNUCash..
> 
> A transaction report shows what appears to be many (?all?) deposits in the 
> Debit column while many expenditures appear in the Credit column. Possibly 
> wrong account type specified during account creation? Unlikely but possible. 
> I'm no GNUCash power user but I have been using it for seven or more years. 
> Can the account type be changed one created and entries added?
> 
> Can I delete the entire Money market account, re create and re import the 
> .OFX file? What effect will that have on matching transactions in other 
> existing accounts.
> 
> Restoring a backup from prior to the input is possible but I would loose 
> hundreds of transactions memo details that are not included in the .OFX 
> entered painstakingly over the course of a day of data entry (ebay amazon 
> etc. item details)
> 
> Hoping for some insight and possible fix,,,
> 
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