Am 05.09.2018 um 20:42 schrieb Geoff Jankowski via gnucash-user: > David > > I would love to agree with you but….. > > In standard journal notation cr is a debt and dr an asset. This is because > it is nothing to do with credit (+ve) and debit (-ve) in any sense (or tense) > but to do with a creditor (to whom we owe) and a debtor (who owes us). Hence > dr and cr relate to debtor and creditor and not to any form of debit or > credit. > > For example, if I take cash from the cash box and deposit it at the bank I > enter a cr to the cashbook and a dr to the bank account.
Actually you should a transit account for the period in between taking and out of the cash box and that journal entry and the day the bank actually books this deposit on your banking statement. > Totally counterintuitive which is why accountancy is a black art and should > be banned. Every form of accounting assumes that the debit side will give its value back one day as the original Italian formulations «deve dare» “shall give“ and «deve avere» “shall have”, everyone knows that’s never going to happen but still, nothing counterintuitive there. Kind regards Christian Kluge _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
