Retained Earnings from Previous Year

Derek Atkins warlord at MIT.EDU
Fri Oct 2 09:50:08 EDT 2009


Roger Miskowicz <aretae at magma.ca> writes:

> I am migrating from Simply Accounting to GnuCash and need to set the
> Retained Earnings from the previous year.
>
> What is the proper way to do that?

It's just a standard Opening Balance transaction from Equity:Opening
Balance to the accounts in question.

> Thanks,
>   Roger

> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.

-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available


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