Why Balance of Revenue Type account is in negative?

[Khurram Shahzad]

Dear All,

I have created an account 'Radiology Revenue' of kind 'Revenue' and attached to a 'Product'. After posting some customer invoices, I opened the chart of account and found following values for this 'Radiology Revenue' account.

Debit: 0.0

Credit 3200

Balance: -3200

It seems as if the balance is calculated by 'Sum(Debit) - Sum(Credit)'. Shouldn't it be calculated by 'Sum(credit) - Sum(debit)'?

I have checked that the 'Type' of the account is set to an account type whose display balance is set to 'credit - debit'!

However, the values in the Income Statement report are positive.

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Regards,

Khurram.

[Cédric Krier]

On 2017-02-19 11:21, Khurram Shahzad wrote:
> It seems as if the balance is calculated by 'Sum(Debit) - Sum(Credit)'.
> Shouldn't it be calculated by 'Sum(credit) - Sum(debit)'?

This is a convention.

> I have checked that the 'Type' of the account is set to an account type
> whose display balance is set to 'credit - debit'!
>
> However, the values in the Income Statement report are positive.

The income statement is based on the type which has a configuration
about how the balance is computed.

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Cédric Krier - B2CK SPRL
Email/Jabber: cedric...@b2ck.com
Tel: +32 472 54 46 59
Website: http://www.b2ck.com/