GL Posting Rules
Every transaction posts two lines that must balance: one account is debited, another is credited. This is where you say which two. A fee you charge an owner debits their expense account and credits your income account — no bank involved. Rent debits the bank and credits rent income. Change a rule and the journal re-derives; nothing is corrupted.
Transaction type → the two accounts it posts to
| Transaction type | Debit (what it costs / where money lands) | Credit (what it earns / where money leaves) | Status |
|---|---|---|---|
| Loading… | |||
Each side can be a fixed account, the bank account (the property's operating or trust account — set on Bank Accounts), or the account on the payment (used where each bill or adjustment carries its own account).
A rule describes a positive amount; a negative amount of the same type posts the mirror image, shown per row below.