Resetting Income and Expenses at Year End

[Steve Drach]

> > I suppose this is a FAQ, but I can't find it anywhere.  I'm using Gnucash
> > 1.6.6 on Debian Woody.  On January 1, I'd like to keep my current
> > asset/liability accounts and reset (to zero) my income/expense accounts.
> > What's the recommended way to do that?
>
> File -> Export Accounts
>
> Then open your new file and reset all your opening balances.

I'm not sure how to do that, except transfer from equity.  Is that
what I'm supposed to do?