On 4/11/2024 8:38 AM, Kalpesh Patel wrote:
Just to add some distinction, if you are coming from Intuit's Quicken world
then its split is not same as GNC's split .
If you are coming from Intuit's QuickBooks, the same as gnucash. If you
are coming from Intuit's Quicken, not.
QuickBooks is
Wednesday, April 10, 2024 6:25 PM
To: gnucash-user@gnucash.org
Subject: Re: [GNC] Split Transactions Version 5.6
Best not to think of the two sides of a transaction as "splits". In double
entry bookkeeping there are ALWAYS two sides of every transaction. It would be
silly to think
Kevin,
Split is a misnomer for the two or more entries to two or more accounts
which constitute a transaction. It derives from the name given to the
internal data structure used in the GnuCash coding to represent each
entry of a transaction. The other aspect of a transaction is that the
sum of
On 4/10/2024 7:11 PM, Kevin Wilcoxon via gnucash-user wrote:
Thank you both for your responses. I see I have been using the term
"split transaction" wrong. I was using Ace Money where this term was
used to signify a single transaction, say from the Checking Account,
to two different
Kevin:
> …this term was used to signify a single transaction, say from the
Checking Account, to two different categories, say Household and
Groceries. Is there a term for this in GnuCash and can it be done here?
Yes, and yes. The answers are in the /GnuCash Tutorial and Concepts
Guide/,
Thank you both for your responses. I see I have been using the term
"split transaction" wrong. I was using Ace Money where this term was
used to signify a single transaction, say from the Checking Account, to
two different categories, say Household and Groceries. Is there a term
for this in
Best not to think of the two sides of a transaction as "splits". In
double entry bookkeeping there are ALWAYS two sides of every
transaction. It would be silly to think of every transaction as split.
Confusion for new users is perhaps because gnucash allows a shortcut
method of entry when
Welcome to GnuCash, Kevin!
In addition to Mark's helpful answer, I direct your attention to the
documentation. In particular, have another look at the /GnuCash Tutorial
and Concepts Guide/, section 2.9 *Transactions* .
Section 2.9.3 *Simple vs. Split Transactions*
Hi Kevin,
(not an expert)
When you open the 'checking' register, and put in a transaction, you
assign that transaction to another account.
Example:
1. open 'checking'
2. enter an item
3. set the "Transfer" column to the proper account
a. electricity
b. phone
c. school taxes
Newbie here. You're a very sophisticated group! I believe I have
mastered all the tasks I need in GnuCash 5.6 except creating split
transactions. I've tried searching the internet and following
instructions without sucess. Would some wise user please provide simple
and workable instructions to
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