Closing Books Issue

[Derek Atkins]

Mark Phillips <mark at phillipsmarketing.biz> writes:

> John,
>
> Thanks for your suggestion.
>
> How do I set an accounting period for the balance sheet report? I think it
> covers from the first entry to the date of the balance sheet.

There is no "period" for a Balance Sheet.  A Balance Sheet is, by
definition, a look into your accounts at a single point in time.  The
only thing on a Balance Sheet that *may* be related to a period would be
the computation of the "retained earnings" for the "period" ending at
the balance sheet computation date.  But you can compute that value from
your Income Statement report when the Balance Sheet reports all your
"current" and "previous" income/expense rolled up together.

> Mark

> 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