Credit Balance on new Expense Account

Tad Marko tad at tadland.net
Fri Jan 12 18:07:19 EST 2007


On Fri, Jan 12, 2007 at 03:03:10PM -0500, hendrik at topoi.pooq.com wrote:
> On Fri, Jan 12, 2007 at 12:36:07PM -0500, Ariel wrote:
> > Option 2:
> > 
> > Put a negative opening balance (dated 12/31/06) into your telephone 
> > account, then set gnucash to show you data starting from the beginning of 
> > the year.
> 
> I'd pick option 2 -- isn't a negative balance just what would normally 
> result from an overpayment?
> 
> -- hendrik

I thought I was understanding the suggestions better than I apparently
am...

If I put in a negative opening balance, where does that come from?
Opening balance equity account?

Having done that, how do I enter the next bill that should debit
against that balance? I can't just put it in the account without tying
it to a source account. Do I use Equity:Opening Balance for that too?

Tad



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