Create a credit (negative) column in Excel?
Shows how little I know about bookkeeping<g
My rudimentary style is a column of "ins" and a column of "outs" with the
difference being what I still have in my pocket or owe to my creditors.
Gord
On Thu, 5 Jul 2007 19:23:12 -0400, Stan Brown
wrote:
Thu, 05 Jul 2007 14:17:39 -0700 from <Gord Dibben
<gorddibbATshawDOTca:
Credits are generally positive values.
Don't enter numbers with a negative value in the credit column.
Enter those in your debit column.
Or am I missing some detail?
Credits *and* debits are generally positive. In proper accounting
books (using the double-entry method, which it sounds like the OP
does), total credits must equal total debits.
The OP should have positive credits and positive debits, and strike a
balance by sum(debits) - sum(credits) for an asset or expense
account, sum(credits) - sum(debits) for a liability or equity or
revenue account.
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