- Novice Question.

[Owen Carlton]

Hello,

I have just installed GnuCash 2.6.14 on my Win 10 Pro 64bit PC.

 

I had no issues setting up my Chart of Accounts.

 

I added the Opening Balances for 30/09/2016 and then Saved the File.

 

Today I entered Incomes and Expenses Account values for period ending
31/10/2016.

 

The problem I am seeing now relates to when I run the Balance Sheet Report.

 

Under Assets, I notice the numbers for the Assets Sub Accounts have not
changed from the 30/09/2016 Opening Balances and there is a new Account
(Imbalance-AUD) which has contains a figure of $14,713.

 

I cannot determine what has caused this to appear like this and cannot
determine how that figure has been arrived at.

 

If I simply look at the Income and Expense Account Values for the period end
31/10/2016, I should see Income increased by a value of $813 and Expenses
increased by $15806.

 

The only entries that cause me to worry I have done something wrong is as
follows.

 

At the period ending 30/09/2016, I had three Banking Entries ( Cash at Hand
Trading Account, Term Deposit 1 and Term Deposit 2 )

At period ending 31/10/2016, I have an Expense Entry of $7000, which should
reduce Cash at Hand Trading Account by $7000 and which needs to be
Transferred back to Term Deposit 2 to increase it value.

I cannot work out a method of Transferring this Expense Item to the Term
Deposit 2 Account.

Nor do I know if this $7000 is part of the Imbalance-AUD issue.

 

I am hoping someone with more experience than myself, can assist me in
solving this issue.

 

Regards

Owen Carlton