[Kevin Reid]

On Feb 3, 2012, at 20:29, Garo Sirinian wrote:

> I am having difficulty setting my accounts tree in the following area:
> 
> Wanting to start my files from the beginning of this year ignoring my past history, I don't know how to set up beginning balances to my accounts (including my home) without having the opening balances duplicating.  I have listed my home for example under ASSETS with a current value but it also shows up under EQUITY's opening balances.  


This is exactly how it is intended to work. Equity accounts contain the “other end” of opening (and closing, if you do that) balance transactions; their reason for existence is so that such transactions have a place to go.

GnuCash is a strictly double-entry system — the effects of any transaction always sum to zero (though the display options may result in negatives and positives being reversed for a given account).

-- 
Kevin Reid                                  <http://switchb.org/kpreid/>