Zeroing out income and expense accounts
beth at oasis.slimy.com
Mon Jan 2 04:25:07 EST 2006
On Sun, Jan 01, 2006 at 07:05:42PM -0800, Steve Drach wrote:
> I think I read this is the way to restart the year. So, is there a
> quick way to do this? Do I just add a transaction that negates the
> sum of all previous transactions? Or do I delete each previous
> transaction, or ???
I add a transaction that negates the sum of all previous transactions.
I also save off an archive copy of my data at that point -- for
example all of 2005 without the zero-ing transactions yet added,
and then I add the transactions dated 12/31/05 and continue on
with my 2006 data. This way if I want to run reports on 2005,
I can open up that archived data file and December still works
In 2006 all the tab-completion still works correctly, but the
totals in the summary accounts page are for one year only.
Depending on your needs, you may wish to add the zero-ing transactions
for 1/1/06 or 12/31/05 and put them in the saved aside file or the
continuing on file.
Future versions of gnucash are supposed to have book-closing support
+ Beth Leonard +
+ O say, does that star-spangled banner yet wave +
+ O'er the land of the free and the home of the brave? +
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