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question everything

(50,517 posts)
11. Finally decided to download it and it is quite confusing
Sat Mar 24, 2018, 11:43 PM
Mar 2018

For example, decided to start building my checking account.

The first transaction for the year was deposit of my pension check. This normally is a split transaction:

Line 1: pension
Line 2: deduction of federal tax
Line 3: deduction of state tax

But the account does not have separate entry for payee and a separate one for categories. As a matter of fact, I did not find a list of categories.

It is supposed to be double entry and this example is a classic one.

Will try it again tomorrow with a clearer head.

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