Closing out a year?
Matthew T. Jachimstal
10 May 2001 15:16:03 -0400
On 10 May 2001 15:12:19 -0400, Paul Lussier wrote:
> In a message dated: 10 May 2001 15:00:54 EDT
> Matthew "T." Jachimstal said:
> >I mentioned that this past January, I went to each expense and income
> >account and adjusted the balance to 0.00 as of 1 Jan. There was a
> >suggestion of keeping a list of accounts or flagging which ones should
> >be zeroed like this.
> Hmmmm, I can see where this would be beneficial for the purposes of
> comparing different accounts between years, but that doesn't allow
> for the easy isolation of the years when I want to save off to a
> separte file, does it?
It works somewhat nicely, but is a pain to go to EACH account and zero
> Thanks, I hadn't thought of zero'ing things out for yearly
> comparisons :)
I hadn't thought of archiving each year in its own file. :)
That would be rather nice to have, just make the beginning balance of
the asset & liability accounts equal to the ending balance before
seperation. (Gee, that sound a lot like standard accounting practices.
Matthew T. Jachimstal | Phone: (419) 861-3331 .~.
Software Engineer | FAX: (419) 861-3340 /V\
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