(positive balance)<\/strong><\/p>\n Some common Debit Account types:<\/p>\n To increase the \u2018absolute value\u2019 (balance without a plus\/minus) of a debit account (make it more positive), you need an account transaction that:<\/p>\n To decrease the \u2018absolute value\u2019 (balance without a plus\/minus) of a debit account (make it more negative), you need an account transaction that:<\/p>\n (they have a negative balance)<\/strong><\/p>\n Some common Credit Account types:<\/p>\n To increase the \u2018absolute value\u2019 (balance without a plus\/minus) of a credit account (make it more negative), you need an account transaction that:<\/p>\n To decrease the \u2018absolute value\u2019 (balance without a plus\/minus) of a credit account (make it more positive), you need an account transaction that:<\/p>\n Taking money out of an account or adding to it, you can do with an Account Transaction. Account transactions take an amount of money away from the source account and add it to the target account. They do that by putting the amount in the ‘credit’ field of the source field and also in the ‘debit’ field of the target account.<\/p>\n<\/div>\n Default source account:<\/strong><\/p>\n This is the account where money is subtracted from by the transaction (by adding to its \u2018credit\u2019 part), decreasing the account balance (but not necessarily the \u2018absolute balance\u2019).<\/p>\n For a debit account, the \u2018absolute value\u2019 will go down. (In classical accounting this is called \u2018crediting a debit account\u2019) For a credit account, the \u2018absolute value\u2019 will go up. (In classical accounting this is called \u2018debiting a credit account\u2019)<\/p>\n Default target account:<\/strong><\/p>\n This is the account where money is added to by the transaction (by adding to its \u2018debit\u2019 part), increasing the account balance (but not necessarily the \u2018absolute balance\u2019).<\/p>\n For a debit account, the \u2018absolute value\u2019 will go up. (In classical accounting this is called \u2018debiting a debit account\u2019) For a credit account, the \u2018absolute value\u2019 will go down. (In classical accounting this is called \u2018crediting a credit account\u2019)<\/p>\n\n
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Credit accounts<\/h2>\n
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Account Statements (Account Transactions)<\/h2>\n
Account Transaction Fields and Usage<\/h3>\n
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