[carang]

i'm losing my head and just can't seem to figure this out...

i'm a sole proprietor. last year i did all my accounts by hand, no problem... could figure it out...at least so i could understand it.

this year, to make my life "easier" i bought PEACHTREE accounting software.

i can't get my head around the "double-entry". i understand that everything comes from one place and goes to another...

what i don't know is if i'm entering it correctly into the software.

it is a purely cash business. i've entered invoices. and i've started to enter cash reciepts (i think that's what i'm supposed to do). but when i click on a customer's name is shows as they still owe the first amount. (it shows the same entry twice (obviously the receipt is for the same amount as the invoice)... so it actually shows double the correct amount in one column and then a balance for them to pay in the initial amount.

is that right??? it's completely mixed me up!!!

got my tax forms today, so i really need to get this sorted out...

anyone out there understand my problem and willing to share their knowledge of accounting?

please and thank you in advance!

[carang]

never mind... i'm going to invest in "accounting for dummies" tomorrow