Novice accounting question

[Derek Atkins]

Quoting "Keith A. Milner" <kamilner at superlative.org>:

> Create an account (feel free to call it "Money from Before I Kept Track with
> GnuCash") and hang the other end of the transactions into this. Once you've
> done this for old transactions, you won't want to use it again. You can then
> set this to "hidden" so it doesn't get in the way.

I'll point out that this is exactly what Equity:Opening Balances is for.
It's the "opening balance" of all your accounts when you started accounting
for them in gnucash.

-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
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