Reconciling across book boundaries.

[Bill Gribble]

On Wed, 2001-11-07 at 08:18, Timothy J. Miller wrote:
> The only thing I can think of would be to reopen the '01 books,
> reconcile all '01 transactions, then close them and open the '02 books,
> and change the opening balances for affected accounts to reflect the
> reconciled ending balance for the '01 books.  Then finish reconciling
> the '02 transactions.
> 
> Seems messy.  Is this right?  Are there any gotchas to look for?

I think there may be some accountants' tricks you can do here with
suspense accounts but I'm not sure what the details are. I think the
basic trick is that you push some stuff into a temporary account at the
end of the accounting period, then pull it out in the new period, and
reconcile the duplicated transactions in the new period. 

Yes, it is messy.  Your options are limited because gnucash doesn't
properly support the closing of books.  You're basically on your own
until someone implements book closing properly, which IMO would mean a
logical but not physical partition of accounting periods so that you
could load multiple accounting periods in to a single gnucash session,
optionally marking some read-only. 

b.g.