Balance sheet - shouldn't it indicate a single date rather than a range?

[Derek Atkins]

Yes, and no.

The balance sheet DOES handle a point, but it also needs to include
your equity at that point in time, which means it needs to know the
INCOME for that period, which means it needs the starting value of
your income accounts to compute the Net Profit for the equity
calculation.  That's why it needs a 'start date', because you need to
plug in the income delta that occured during the last period.

-derek

Chris Dennis <chris.dennis at ndirect.co.uk> writes:

> Hello Folks
>
> I've just noticed that the balance sheet report is headed
>
> 	Balance Sheet 1/ 1/2004 - 8/ 6/2004
>
> i.e. it has a date range, rather than a single point in time, which
> doesn't make sense.
>
> I'm running version 1.8.8 via CVS.
>
> The documentation for version 1.6 at
> http://www.gnucash.org/docs/v1.6/C/t1684.html correctly shows a single
> date; something seems to have got worse since then.
>
> Am I right?
>
> cheers
>
> Chris
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>

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available