While your debit entry is to the fixed asset account your opposite, credit, entry should be to your cash account (reducing cash) or equity account(representing ownership).

On 11/07/2017 03:45 PM, Kevin Barber wrote:

Hello

Can anyone tell me how to record fixed assets in GnuCash. When I put the entry 
in GnuCash automatically balances the entry with a deduction of the same amount 
so the fixed assets always shows as “zero”.

What am I doing wrong?

Kevin

Sent from Mail for Windows 10

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