Deleting accounts and resolving existing balances

Derek Atkins warlord at MIT.EDU
Tue Aug 16 08:29:42 EDT 2005

I would suggest you just zero-off the balance on the card by shifting
it to an Equity account.  Perhaps Equity:Ex Wife Debt, if you want
to keep track of how much she took.

Deleting an account is something you rarely want to do.  It does NOT
delete all the transactions in the account, it only deletes HALF of
them..  And if it DID delete all of them then you'd lose the balances
in other accounts, too.

So, your best bet is really to zeroize the account..  Or start a new
set of books.


Dave Anderson <dwanderso at> writes:

> Here's a good one for you guys.  My wife and I are divorcing (friendly
> divorce on very good terms).  We had shared credit cards.  There are
> some cards that I'm taking the debt on and some that she's taking the
> debt on.  I had all of these entered into GNUCash and would enter in the
> finance charges and what not each month.  For the cards she's taking
> over, how should I 'get them out of' GnuCash?  I initially thought it
> would make sense to just delete the account out.  I did that for one
> (very small balance - $200) and all of the old payment from my checking
> account just show nothing under the Transfer column now.  
> Is that the best way to do it?  If I keep the accounts in there, I'd
> want to $0 out the balance somehow, since I'm no longer responsible for
> them and will no longer be maintaining the records.
> Thanks.
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> gnucash-user mailing list
> gnucash-user at

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

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