Re: Begginer dummy questions

[<..hidden..>]

What I don't know from the point of view of double entry accounting is which accounts I have to use, F.ex. I have credit for purchase of some cables, that I used in our office cable installations.
I ses in the AP / Add Transaction  form two account fields. The fields available does not seem to be appropriate for this case. Probably I need to add new ones to the Chart of Accounts.

brgds
Janeks

On Wed, 15 Jul 2009 12:43:50 -0700
 Chris Travers <..hidden..> wrote:
> On Wed, Jul 15, 2009 at 12:20 PM, <..hidden..> 
>wrote:
> 
>>
>>
>> But what if it is just as part of Credit of starting 
>>balance?
>> It was bound with costs/services in previous system not 
>>in new.
> 
> 
> Ok.  Then issue an AR or AP Transaction and enter the 
>amounts owing there.
> 
> Best Wishes,
> Chris Travers