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Account balance is off.

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DoyleChris
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Account balance is off.

Mon May 03, 2010 2:12 am
I just started using Kmymoney and like it i switched from money to it. but i am having a small problem. I have a checking and a savings account, and a house loan and a line of credit. now normal math would be you take the checking account and savings add them together and subtract from the total between the house loan and line of credit and that give you what you (owe/ or have) depending on the numbers but kmymoney isnt doing that. it is taking the total of checking-savings-and-line of credit off of the house loan and thats the total.
c=checking s=savings h=house payment l=line of credit X=total balance

right way
(c+s)-(h+l)=X

what it is doing
(c+s+l)-h=X

if picture is needed i can get one.
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Hei Ku
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Re: Account balance is off.

Mon May 03, 2010 2:36 am
What's the type of the line of credit account?
You probably defined it as an asset account, which wouldn't be correct.


Hei Ku, proud to be a member of the KMyMoney Development Team since January-2008
DoyleChris
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Re: Account balance is off.

Mon May 03, 2010 7:45 pm
i made it like a credit card account because that is what its like. I pull the money out and haft to pay it back with interest.
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ipwizard
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Re: Account balance is off.

Mon May 03, 2010 7:52 pm
Do you see a negative balance on the line of credit account? In that case, you probably entered expenses as income.


ipwizard, proud to be a member of the KMyMoney forum since its beginning. :-D
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DoyleChris
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Re: Account balance is off.

Tue May 04, 2010 9:14 pm
The line of credit is in () but not sure if its causing it.
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Hei Ku
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Re: Account balance is off.

Wed May 05, 2010 12:51 am
I can assure it is causing it. It should appear as positive, not negative.


Hei Ku, proud to be a member of the KMyMoney Development Team since January-2008
DoyleChris
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Re: Account balance is off.

Wed May 05, 2010 1:55 am
I opened it up and put in the number not the (number) and its fine now i dont know why it did that.


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