Business year end

[Derek Atkins]

Laurent Duperval <lduperval at videotron.ca> writes:

> Is there a document somewhere that explains how to do business year-end 
> with GnuCash? I entered al my information but I need to calculate 
> retained earnings. Specifically, where does the equity for retained 
> earnings come from? Do I just enter an amount in Equity:RetainedEarnings 
> or am I supposed to debit money from elsewhere.

The balance sheet will do this for you.   Or do you really want to
zero out the income and expense accounts?

-derek
-- 
       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