Why are funds that transfer OUT of an account colored black and red when an account receives it?
AtlCenter
Member ✭✭
When I run a bank summary report and look at the transfer section I get confused at the positive and negative indications.
Example
When I make a payment to a credit card account I transfer the funds from checking to the credit card account. The funds transferred out of the checking account show up as Black or in my mind a positive number even though that account is reduced in funds.
The transfer to the credit card account shows up as red.
Can someone explain the logic of this?
0
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