I just wanted to take a moment to thank you for heping me with this. I wen tthru my ledger.dat file and corrected a few entries and now "ledgr bal credit" gives me the correct total.
Thank you On Tuesday, September 22, 2020 at 12:50:02 AM UTC-4 [email protected] wrote: > That is the correct way to record a payment to the credit card. > > Of course, if the balance prior to the payment was really positive $500 > then the new balance would be positive $700. I think you meant that the > original balance was minus $500 so that the new balance would be minus > $300. > > You can run ledger bal credit to check (do this before and after you make > the payment entry) > > On Tuesday, September 22, 2020 at 7:48:12 AM UTC+8 Oliver Hardy wrote: > >> No, I had the opening credit card balance from back in July as a negative >> number. One last question, if I may. >> If I have a credit card balance of $500.00 but only pay $200.00 is this >> correct: >> >> 2020/09/01 Bank >> Liabilities:Credit Card $200.00 ; partial payment >> Assets:Checking >> >> or is there some way to indicate this is a partial payment against a >> $500.00 outstanding balance? >> >> Thank you >> >> On Monday, September 21, 2020 at 3:47:25 PM UTC-4 [email protected] >> wrote: >> >>> Your sample transaction is already correct. I would need to see all of >>> your credit card transactions to pin point any errors. I'm guessing that >>> when you originally did an opening balance on your credit card that you put >>> a positive balance instead of a negative balance on the card? >>> >>> On Tuesday, September 22, 2020 at 3:17:59 AM UTC+8 Oliver Hardy wrote: >>> >>>> I understand what you are saying. My qusetion now is: How do I fix it? >>>> Do I edit my ledger file and put a minus sign before all credit card >>>> transactions? Or only before payments I've made to the card? Is the way I >>>> enter my credit card transactions incorrect? Do I go to the start of the >>>> file and edit opening balances? >>>> >>>> Thanks >>>> >>>> On Monday, September 21, 2020 at 1:57:54 PM UTC-4 [email protected] >>>> wrote: >>>> >>>>> 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/96a0681e-d3ec-4155-a40f-1750deb825e9n%40googlegroups.com.
