Re: Strange system of recording stock purchases

Larry,

A check written against a bank account is a credit (minus); a deposit is 
a debit.  A purchase of a security is a debit; sale is a credit (minus).

   Ed Melia, Sacramento, CA

On 8/17/2011 3:23 PM, Larry Alkoff wrote:
> I have found that, when recording a stock purchase,
> you must not enter a minus sign in the amount column.
>
> When I _do_ enter a minus sign on a buy transaction it magically 
> changes to a sell transaction.
>
> This is unlike all other debit transactions where you enter a minus 
> sign to indicate a debit transaction.
>
> It's very confusing and counterintuitive to not enter a minus sign for 
> a stock transaction (clearly a debit) but transactions like a check 
> paid require the minus sign to indicate it should be treated a debit.
>
> My suggestion is that all transactions should operate the same way.
> This means a minus sign if the transaction is a debit and no sign if 
> the transaction is a credit.
>
> Am I doing something wrong?
>
> Larry Alkoff
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