how to transfer accounts
Peter T. Abplanalp
pta@psaconsultants.com
Sun, 11 Aug 2002 22:53:10 -0600
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hi all. i had a quick question about how i would go about transferring
an account from one guncash file to another. for example, i have two
files that i use. one is used for my personal finances and the other
is used for my business finances. now, i have a property with a loan
attached that i am going to transfer from my name to the business.
how do i go about doing this? i need to enter some sort of payoff
into the personal file but from what sort of an account? equity?
income? what do i do with the asset account to zero it out?
then i need to create a loan and an asset in the business
file. i am thinking i can do this via an equity account like "opening
balances."
all help is greatly appreciated!
- --
Peter Abplanalp
Email: pta@psaconsultants.com
PGP: pgp.mit.edu
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