tag:infinitekind.tenderapp.com,2009-01-14:/discussions/problems/710-liabilities-not-acting-correctlyInfinite Kind: Discussion 2012-12-03T18:30:12Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/8690732010-01-18T16:39:51Z2010-01-18T16:40:20ZLiabilities Not Acting Correctly<div><p>Hi Stacy</p>
<p>I created a dummy chart of accounts to see if I could reproduce
what you are describing. In this test I create checking account
with a balance of $10000, a gross wages expense account and the
liability accounts you mention.</p>
<p>See the first attached screenshot for the split I entered.</p>
<p>And then see the second screenshot for the balances on the home
page of the respective accounts.</p>
<p>Moneydance represents money owed on a liability account as a
negative value.</p>
<p>And so we see the $60 come out of the checking account and the 3
liability accounts with their respective negative values. If you
look at the networth on the home page you can see that it has
decreased by $100. Which I believe is correct.</p>
<p>Is this not what you are getting? Perhaps I am misunderstanding
the situation you are describing.</p>
<p>Sincerely</p>
<p>Ben Spencer</p></div>Ben Spencer