Shevach,
I think you need to step back and understand the way in which double entry book
keeping/accounting works. There is a section labellsed basic in the Tutorial and
Concepts Guide which explains the basic concepts.
https://www.gnucash.org/docs/v4/C/gnucash-guide/chapter_basics.html.
Wikipedi
On 06 February 2022 at 22:32, Shevach Pepper said:
> Hello there,
> I have two accounts: income (n.ya.) and cash (my pocket)
> I got payed $500 from n. ya. and the money is now in "my pocket".
> My problem is when I record in n. ya. charge $500 and in the transfer
> column 'my pocket" it records
---
From: gnucash-user
On Behalf Of
Shevach Pepper
Sent: 06 February 2022 20:32
To: gnucash-user@gnucash.org
Subject: [GNC] newbie question
Hello there,
I have two accounts: income (n.ya.) and cash (my pocket) I got payed $500
from n. ya. and the money is now in "my pocket".
My problem is whe
Hello there,
I have two accounts: income (n.ya.) and cash (my pocket)
I got payed $500 from n. ya. and the money is now in "my pocket".
My problem is when I record in n. ya. charge $500 and in the transfer
column 'my pocket" it records it as a "spent" right hand column.
I just can't figure out why
switched to non-digest. Still getting used to the mail
listserve. It’s been a minute since I was on one of these :)
Steve
>
> --
>
> Message: 2
> Date: Sat, 25 Sep 2021 21:59:34 -0400
> From: Steve Welch
> To: gnucash-user@gnucash.org
> Subjec
Thanks Michael! Yep, makes total sense (I do accounting work as part of my day
job, so I understand double entry). I played around with making an opening
balance entry, but things are still way off. Sigh. Now I’m gonna have to get
creative and figure out what didn’t import correctly via QIF…
One quirk I noticed about opening balances is that that account seemed to be
locked. When setting up a new account you could set the opening balances, but
you couldn't change them later. I had to go into the account editor and unlock
the opening balances account.
Will
On 2021 Sep 26, at 09-26
Steve,
I switched from Moneydance as you did about six months ago. The
conversion went fine for me except the account balances were off. To
correct for that I just went to each account that was off and entered an
opening balance, at the very beginning of the ledger, for the amount
that was it
Hello Steve. Welcome to GnuCash!
While I'm not an expert, in my experience, an opening balance is just a
normal transaction. There are typically two splits. (1) is a deposit into
the account, and (2) is a withdrawal from the Equity:Opening Balances
account. Remember GnuCash used double entry a
Hi!
I’m just getting started with GnuCash and have imported my QIF file from
Moneydance. Excited to take it for a spin!
My question is regarding beginning (opening) account balances. Moneydance has
an opening balance field in the account setup window, but evidently that field
isn’t accessible
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