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November 27, 2019
Question

When I view Account History in Chart Of Accounts transactions show as Increase/Decrease. Also credit balance liabilities show as positive. How to have it as debit/credit

  • November 27, 2019
  • 1 reply
  • 11 views
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1 reply

howie2Author
November 27, 2019

When I view Account History in Chart Of Accounts all of the transactions show in columns under Increases/Decreases. How do I instead have it read as debits/credits?

 

For example, a shareholder loan account that I've lent money to the company. This should show as a credit transaction to the shareholder account and a negative balance. However, in Quickbooks, it comes in as an "increase" and also a positive balance in the account history.

March 24, 2021

I completely agree. It's absolutely ridiculous that we can't get normal accounting verbage from what is supposed to be an accounting program.

Level 6
July 26, 2021

This is an incredibly tone-deaf and condescending response.  "Sometimes there's a learning curve to learning something new"?!?!!?? Really?!!?  Why on earth should an accounting program require its users to be required to learn a new, non-standard method of doing something?   Accounts should all be Debit Credit - full stop.  There are generally accepted accounting practices for a reason.   At the very least, if you want to keep that ridiculous increase / decrease labeling, offer a toggle that allows user to switch back and forth.


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