[Kmymoney] Credit card usage

[David Houlden]

In accounts -> liabilities mine also show as positive values. That is correct. 
What I said was that they show negative on the home page under liabilities. My 
ledger entries are also shown in red but they are shown as positive values 
with no negative sign. I don't think you are doing anything wrong. The 
consequence of getting this wrong is that your net worth would be incorrect. 
Net Worth = Assets - Liabilities. 

Dave.

On Friday 20 January 2012 17:18:24 Footer wrote:
> I must be doing something wrong then.  My credit card, loan and liability
> accounts show positive balances under the Accounts --> Liability view.  And
> the ledger is showing negative balances (they're in red).  I don't think I
> really care though?  It seems to be working just fine for the nearly 7
> years I've been using KMyMoney.
> 
> Thanks for a great program!
> 
> PS.  I'm currently using KMyMoney 4.5.3 under Kubuntu 11.10.
> 
> On Fri, Jan 20, 2012 at 10:53 AM, David Houlden <djhoulden at gmail.com> wrote:
> > What Alvaro said is correct. On the home page under liability accounts
> > you should see a negative balance. In the ledger it should show a
> > positive balance.
> > 
> > Regards,
> > Dave.
> > 
> > On Friday 20 January 2012 12:52:27 Edney Matias wrote:
> > > Hello Alvaro.
> > > 
> > > I created the card using the wizard, i entered a positive value, in the
> > > dashboard it shows a positive value on the liability side but opening
> > > the specific account the balance is negative. I think it's all right.
> > > 
> > > But what about the split payment?
> > > 
> > > Thank you!
> > > 
> > > Em sexta-feira, 20 de janeiro de 2012, Alvaro Soliverez escreveu:
> > > > Hello Matias,
> > > > to be clear, a credit card should have a positive balance if you owe
> > > > money. The beauty of double-entry accounting.
> > > > 
> > > > Regards,
> > > > Alvaro
> > > > 
> > > > On Fri, Jan 20, 2012 at 9:15 AM, Edney Matias
> > > > <edneymatias at gmail.com<javascript:;>>
> > > > 
> > > > wrote:
> > > > > Hi there.
> > > > > 
> > > > > I've create a credit card account with $1000 (-$1000 indeed) of
> > > > > open
> > > > 
> > > > balance
> > > > 
> > > > > and absolut limit. If i buy a bicycle for $100 i will throw a
> > > > > charge
> > 
> > of
> > 
> > > > that
> > > > 
> > > > > value, right? The final balance will be -$900.  But what if i had
> > 
> > split
> > 
> > > > that
> > > > 
> > > > > value in two payments of equal value. In the first month i would
> > 
> > have a
> > 
> > > > > charge of $50 and the balance would be -$950. I can then, add a
> > > > > scheduled transaction to reminds me of the remaining payment. But
> > > > > the balance is wrong, the right balance would be -$900. How can I
> > 
> > automate
> > 
> > > > > that
> > > > 
> > > > situation
> > > > 
> > > > > in KMyMoney?
> > > > > 
> > > > > Thank you.
> > 
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