[moneydance] Liability

[tech at tansymews.com]

Perhaps the initial balance should be plus $400.

-400 -50 = -450
+400 -50 = 350

Richard

On Jul 29, 2009, at 7:47 PM, Robert K. Tompsett N8JUQ wrote:

> Not being an Accountant or bookkeeper, I'm having a problem when I  
> make
> a payment towards a liability account
>
> If my liability (Dental) balance is $400.00, and I pay $50.00 from
> Checking to the Dental account, shouldn't I see a $350.00 balance in  
> the
> Liability Window? I keep getting an increased balance instead of a
> decreased balance even though my initial balance was set as a negative
> $400.00.
>
> -- 
>
> -- 
> Rob N8JUQ
>
> Do not meddle in the affairs of dragons because you are crunchy and  
> taste good with ketchup.
>
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