2014-09-20 GnuCash IRC logs
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14:13:00 <CharlesIC> anyone around?
14:16:03 <CharlesIC> wondering how to stop getting two entries for every transaction
14:20:03 <warlord> CharlesIC: stop using the same account for both debit and credit splits
14:20:35 <CharlesIC> well, i have one account called expenses
14:20:41 <CharlesIC> and every time i add something in there, it makes two items
14:21:06 <CharlesIC> one for increase, one for decrease
14:21:08 <warlord> right. please read the Tutorial and Concepts Guide about Double Entry accounting. You need at least *TWO* accounts.
14:21:16 <CharlesIC> i have at least two accounts
14:21:21 <warlord> E.g., where is this money coming from?
14:21:36 <warlord> then you're not using it.
14:21:46 <warlord> Open your Asset account instead of your expense account.
14:21:56 <warlord> Then put the expense into the transfer column.
14:22:03 <warlord> (sorry, gotta go....)
14:22:04 <CharlesIC> so when i do expense account, transfer should be from an asset account, right?
14:22:17 <warlord> yes, but it's much easier to get it right from the asset account.
14:22:34 <CharlesIC> well, then i'd have a lot more entries in the asset account, wouldn't i?
14:22:36 <warlord> (it's usually easier for us humans to think about spending money, then 'receiving an expense'
14:22:58 <warlord> you should have one entry in your asset (cash) account for every transaction.
14:23:10 <warlord> e.g., every time you spend money, it affects your asset!
14:23:14 <CharlesIC> right
14:23:19 <warlord> (or liability if it's a credit card)
14:23:23 <CharlesIC> i guess i just wanted to keep expenses separate
14:23:32 <CharlesIC> to where i could view them alone
14:23:35 <warlord> That's not how double entry works.
14:23:44 <CharlesIC> well, i'd like to stop using double entry, if that's possible;)
14:23:45 <warlord> Please PLEASE go read the docs.
14:23:50 <warlord> Not with GnuCash
14:23:52 <CharlesIC> can i just turn off double entry?
14:23:59 <warlord> If you dont want double entry, use another program.
14:24:10 <CharlesIC> in the past, some of my accounts didn't do it
14:24:25 <warlord> Sure they did... Or you entered your transactions correctly... Or just used "imbalance"
14:24:35 <warlord> Anyways, I REALLLY have to go. PLEASE go read the docs.
14:24:37 <CharlesIC> ok, thanks
14:24:38 <CharlesIC> bye
14:24:45 <warlord> they're very good, and will answer your basic accounting 101 questions
14:25:30 <CharlesIC> thanks, but im trying to avoid having a zillion entries in an account.
14:25:31 <CharlesIC> thanks though
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14:38:13 <CharlesIC> ok, i see what you mean
14:38:16 <CharlesIC> im watching a tutorial video now
14:38:25 <CharlesIC> for 2015 ill start doing it this way
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