Re: Is "Transfer" same as making a "Journal Entry"

Roger, The Budget Total is showing you how much you have ‘left to budget’. If you’ve budgeted everything you plan on receiving, then it should be zero. If you reduce an asset in your budget (in this case the investment account) it is assuming that is converted to spendable cash that can be

Re: Is "Transfer" same as making a "Journal Entry"

Thanks Adrien, I have income and also make monthly withdrawal from an investment account. In the Budget I enter Income and Transfer say (-$1,000) from my Investment account and the Monthly Total in the Budget seems to be okay. I want the Total to be the difference between net income and net

Re: Is "Transfer" same as making a "Journal Entry"

So far my experience with the budget module is that the ‘Transfers’ summary line is telling you about entries in asset and liability accounts. Entries in expense and income accounts do not get summed in the ‘Transfers’ line. (I don’t think Equity does either since Equity IS Income-Expenses) So

Re: Is "Transfer" same as making a "Journal Entry"

Thanks Phil, that helps. On Mon, Feb 5, 2018 at 10:47 AM, Phil Longstaff wrote: > In an accounting sense, giving money to pay off the principal of a loan is > not an expense. It is a transfer to pay down a liability. Similarly, giving > money towards an RRSP (Canada)

Re: Is "Transfer" same as making a "Journal Entry"

In an accounting sense, giving money to pay off the principal of a loan is not an expense. It is a transfer to pay down a liability. Similarly, giving money towards an RRSP (Canada) or 401K (US) is not an expense. It is a transfer to an asset account. These are the transfers that are captured by

Re: Is "Transfer" same as making a "Journal Entry"

Actions -> Transfer is just a convience feature for entering a transaction that is just a transfer from one account to another. Typically this would be something like moving funds from a checking account to a savings account or vice versa. At Mon, 5 Feb 2018 14:19:53 + (UTC) Fran_3

Re: Is "Transfer" same as making a "Journal Entry"

I am curious as to what 'Transfer' means in the 'Budget'? On Mon, Feb 5, 2018 at 9:19 AM, Fran_3 via gnucash-user < gnucash-user@gnucash.org> wrote: > gnuCash Menue's offer: Actions -> Transfer > Which seems to allow a simple way to debit one account and credit > another... right? > if so

Is "Transfer" same as making a "Journal Entry"

gnuCash Menue's offer:   Actions -> Transfer Which seems to allow a simple way to debit one account and credit another... right? if so isn't that the same functionality as what is called a "Journal Entry" ? Thanks. ___ gnucash-user mailing list