Charles Kanavle charles at litek.com
Sat Feb 4 00:49:23 EST 2012


At 02/03/2012 17:55, you wrote:
>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/>


Perhaps you aught to check what they call "split 
transactions" which allow a single balancing 
entry to many individual one-sided entries.
Charles Kanavle




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