Close books trashes Income Statement and Net Income on Balance Sheet

[z33b0b at gmail.com]

On Mon, Feb 8, 2010 at 8:11 AM, Derek Atkins <warlord at mit.edu> wrote:

> JT Morée <moreejt at yahoo.com> writes:
> > I realize my post was long but in short I believe the best solution is to
> have the reports be smarter.  It's not difficult (almost done in fact) and
> it avoids the fiscal year problem you mention.
>
> This is only part of the solution.  There isn't really enough
> information in the current data.  We would really need an actual period
> indicator in order to indicate which period a transaction belongs to.
>


Color me confused -- why couldn't GnuCash just use the transaction date?  If
an invalid or imaginary date is used as the period end, then anything before
one such date (and after another, for past periods) would belong to a
certain period.  No?

Cheers,

-- Erik Anderson