Ordinarily a credit card would have a negative balance (that is, the balance should be $-333.07) so that when you do a spend on the credit card the balance will becomes -$333.07 -$55.00 = -$388.07.
If your credit card has a positive balance then it means that you made deposits that totaled more than what you owed on your credit card and that would mean that your new balance is as reported. Something tells me that this is not the case ...... On Tuesday, September 22, 2020 at 1:32:30 AM UTC+8 Oliver Hardy wrote: > If I run: > ledger -p sep reg credit > I get a listing of all credit card transactions for the month of September. > My problem is that the running balance is always decreasing instead of > increasing. > > I have a balance of $333.07. I enter a transaction for $55.00 > 2020/09/01 Health > Expenses:Insurance $55.00 > Liabilities:Credit_Card > The running balance shown on the report is now $248.34 ($333.07 - $55.00). > Shouldn't it be $581.41 ($333.07 + $55.00)? > > Am I doing something wrong or is this how double entry accounting is > supposed to work? > > Thank you > -- --- You received this message because you are subscribed to the Google Groups "Ledger" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/d/msgid/ledger-cli/411da85b-fb30-44fe-8ef3-deb22aea2708n%40googlegroups.com.
