Income & Expenses

Mucets

Why is it when viewing a report with income and expenses, the income figure appears in RED along with a minus, and the expenses appear in black. Shouldn't it be the other way round? Income is a positive and expenses are a negative.

Boatnmaniac

Please be more specific regarding which report(s) you are seeing this occur with. I opened some of my reports and am not seeing what you are describing but perhaps you are talking about different reports than what I had opened.

Another thing that could be helpful is to take a snapshot of one of the reports you are seeing this in, hide any personal/confidential information, save the file and then click and drag it to your new Comment in this thread. A picture can be worth a thousand words.

Mucets

Hello Boatnmaniac, yes a picture is worth a thousand words. So here it is.

Jim_Harman

[edited]

In the Income and Expense by Category report, income and expenses are normally both black. A negative expense, a refund for an item you returned for example, would show in red.

My guess would be that Rental Income is set up as an Expense Category in your file..

Go to Tools > Category List and right click on that Category. Select Edit and check to see if it is defined as an Income or Expense.

Mucets

Hello Jim,

Thanks for your input. However, I did check the category type and the rental income is defined as income.