Non-zero balance

Dave Peticolas dave@krondo.com
29 May 2001 11:46:30 -0700


On 25 May 2001 12:16:23 -0700, James Bennett wrote:
> Hi,
> 
>     I've been lurking on your list for some time.  Recently I installed 
> the rpm for RH 7.x from the gnucash site and:
> 
>    I thought the default was to force double entry.  This package seems 
> to be configured as "loose".  Anyway, after scrubbing my accounts (I had 
> a few loose ends), my balance sheet shows a "Net" that is the same as on 
> my P&L.  My understanding is that the balance sheet should net to 0.  Am 
> I mistaken? How can I get my balance sheet to balance?  Do I need an 
> equity account and if so can it be created automatically?
> 
> TIA and kudos to all who made GnuCash,

The balance sheet report in 1.4.x isn't really correct, so you shouldn't
expect it to balance. This will be fixed in 1.6.0.

dave