Opening Balances for Mutual Funds

Neil Jerram neil@ossau.uklinux.net
09 Jun 2002 22:31:26 +0100


>>>>> "Joseph" == Joseph Seila <jseeker@cox.net> writes:

    Joseph> I have just started using gnucash for the first time today. I am
    Joseph> transfering over from quicken.

    Joseph> I am trying to set up a Mutual Fund Asset and a Money Market
    Joseph> Asset. Both have balances already and yet I cannot start them with an
    Joseph> opening balance.

    Joseph> Any suggestions on how to get around this?

Create the required initial balance by doing a transfer from an equity
account.  (I have just one equity account, called `Equity'.)

Equity accounts do my head it, so I'm afraid I can't explain why this
works... but it does.

        Neil