status of accounting periods support
Hendrik Boom
hendrik at topoi.pooq.com
Thu Feb 6 04:36:36 CST 2003
On Wed, Feb 05, 2003 at 08:16:51AM -0800, Cory McIlroy wrote:
>
> --- Ian Pilcher <pilchman at attbi.com> wrote:
> > Cory McIlroy wrote:
> > > I've been trying to determine if functionlity
> > related
> > > to accounting periods has been added since v1.6.
> >
> > I'm pretty sure that it hasn't.
> >
> > > If not, I'm still curious how people deal with
> > > "closing the books" without actually creating
> > separate
> > > files at the beginning of the new year.
> >
> > The general consensus seems to be that the closest
> > you can get is to
> > net all of your income and expense account to an
> > equity account on the
> > last day of the year being closed or the first day
> > of the following
> > year (12/31 or 1/1). If you don't have any other
> > transactions on the
> > selected day, and you adjust the dates of your
> > income and expense
> > reports accordingly, you can still get valid
> > information from them.
>
> Thanks for the replies Ian and Derek.
>
> For the Record, I have chosen to use the method you
> just described. I set aside January 1 to only be used
> as a close-out transaction day (nothing important ever
> happens on 1/1 anyway). My year-end P&L is correct as
> long as i set the period to be 1/2 - 12/31.
Looks like we need a January 0, and a December 32.
This might be the easiest hack, depending on how dates are stored.
>
> I hate to get on a mailing list and start whining
> about missing features of an open source project to
> which i don't actively contribute, but...
> An automatic year-end close-out feature seems like too
> imporant a feature not to have made into 1.8.
>
> -Cory
>
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