double entry confusing

Kathy's Avatar

Kathy

25 Jul, 2020 06:25 PM

Why does Moneydance show double transactions, under graphs/reports: transactions?

  1. Support Staff 1 Posted by Ethan on 25 Jul, 2020 08:04 PM

    Ethan's Avatar

    Hello,

    There could be a variety of reasons for this. One possibility is that you have your report setting such that you are displaying 'both sides' of each transaction. If you could attach screenshots with examples of these transactions, along with the settings window for your report, we could possibly offer more detailed suggestions.

    It would also be good to know what kind of information you are trying to get displayed in your report.

    Ethan
    Infinite Kind Support

  2. 2 Posted by Kathy Barley on 26 Jul, 2020 02:00 AM

    Kathy Barley's Avatar


    On Sat, Jul 25, 2020 at 3:04 PM Ethan <[email blocked]> wrote:

    // Please reply above this line
    ==================================================

    From: Ethan (Support staff)

    Hello,

    There could be a variety of reasons for this. One possibility is that you have your report setting such that you are displaying 'both sides' of each transaction. If you could attach screenshots with examples of these transactions, along with the settings window for your report, we could possibly offer more detailed suggestions.

    It would also be good to know what kind of information you are trying to get displayed in your report.

    Ethan
    Infinite Kind Support

    On Sat, Jul 25 at 11:25 AM PDT, Kathy wrote:

    Why does Moneydance show double transactions, under graphs/reports: transactions?

    Having trouble reading this? View this discussion online: double entry confusing.

    Reply with #ignore to stop receiving notifications for this discussion.

  3. 3 Posted by dwg on 26 Jul, 2020 04:54 AM

    dwg's Avatar

    I'm a fellow user.

    It looks like you have included accounts and categories in your report.

    I would suggest you click on the edit button at the top of the report and review your selections within the parameters screen.

  4. Support Staff 4 Posted by Ethan on 26 Jul, 2020 09:25 PM

    Ethan's Avatar

    Hello,

    I agree with the above assessment, and it seems to be what I speculated about in my initial reply. If you don't understand what we mean about having both accounts and categories set to display in this report, please also send a screenshot of the setting window for this report, and we can offer more specific suggestions.

    Ethan
    Infinite Kind Support

  5. 5 Posted by Ben on 27 Jul, 2020 02:14 PM

    Ben's Avatar

    Hi Kathy,

    I'm just another user but I recognise what you're seeing and I think I understand. The Transactions report is working according to the centuries-old principles of double entry and it's great that Moneydance provides it, but it's not what you want. You might prefer the "Transaction filter" report. The default setting works pretty well but you might prefer to un-tick Show Splits, otherwise you'll see the total of a transaction and then the splits underneath it.

    Hope this helps,
    Ben

  6. 6 Posted by Kathy Barley on 28 Jul, 2020 03:47 AM

    Kathy Barley's Avatar

    The splits option was not checked. Actually what I was attempting to do was
    generate a category report, for example what was spent on electric, etc. I
    don’t have much data here, just trying to see if the program would work for
    me.

  7. 7 Posted by dwg on 28 Jul, 2020 04:02 AM

    dwg's Avatar

    I'm a fellow user.

    For category reporting it is probably best to use one of the Income and Expense report, these are specifically geared towards category reporting

  8. 8 Posted by Kathy Barley on 28 Jul, 2020 07:03 AM

    Kathy Barley's Avatar

    How do I make a report on just one category, not the whole income/expense
    info?

  9. 9 Posted by dwg on 28 Jul, 2020 07:32 AM

    dwg's Avatar

    Try the following

    - Click on the Income & Expense Detail report
    - Click on the Edit button at the top of the report
    - The parameters windows opens
    - Click on the Reset button at the bottom of the screen
    - Toward the bottom is a line that starts Select, choose the "By Individual" button
    - Select the None button
    - Scroll through the category list and select the category you want
    - Select other parameters you want, like the date range
    - Choose the OK button to generate the report.

  10. 10 Posted by Kathy Barley on 28 Jul, 2020 10:25 PM

    Kathy Barley's Avatar

    This is what I was looking for. At least it looks like as close as I can
    get. The report title and total should be same as the data that I queried
    for in my opinion. I need a program that will help me keep things straight
    for tax time. Not sure this is for me. Thank you so much for your time and
    attention to help me!

  11. 11 Posted by dwg on 28 Jul, 2020 10:45 PM

    dwg's Avatar

    I have set categories as Tax Related and use memorized Income and Expense reports to provide me with reports suitable for Tax time. I have also structured my categories to suit taxation reporting for those specific items. It works quite well.

  12. 12 Posted by Kathy Barley on 29 Jul, 2020 12:10 PM

    Kathy Barley's Avatar

    Ok, I’ll look at it again. Thank you!

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