Closing the books

Laurent Duperval lduperval@videotron.ca
Tue, 07 Jan 2003 23:29:24 -0500 (EST)


On  6 Jan, Charles Gagnon wrote:
> I know this has been discussed over and over again but I couldn't
> find the old messages.
> 
> For the last couple of years, I've been closing the books by adding
> transactions in an Equity account to zero out Income/Expenses
> accounts. I enjoy having all my data in one file but the problem is
> my book is getting bigger and bigger and is taking an awfully long
> time to load.
> 
> So I was considering starting a new book for 2003. Some questions I
> have:
> 
>  - How can I quickly transfer the account tree and the content of
>    the cash and bank accounts?
> 
>  - What happens with stocks or other assets bought in prior years?
>    How can I track the Gain/Losses for those?
> 
>  - Did someone ever write something on the various manual procedures
>    to close the books?
> 

I'd like to add myvoice to the "Help, I don't what to do" list. I see
this question come up again and again with solutions talking about
phatom days and stuff like that. I'm not an accountant, I've never taken
an accounting course but I would really like to create a new account for
2003 by using the same book as for 2002. It's got a number of scheduled
transactions and accounts and all that I'd like to keep.

Is there a tutorial or something available for this? Even if it isn't
tailored specifically for GnuCash, maybe I can adapt it to my own use.

Thanks,

L

> Thanks.
> 

-- 
Laurent Duperval <mailto:lduperval@videotron.ca>

You know that little indestructible black box that is used on planes,
why can't they make the whole plane out of the same substance?
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