Problems Running Report for Previous Year
Derek Atkins
warlord at MIT.EDU
Mon Sep 17 08:28:31 EDT 2007
Quoting Mike or Penny Novack <stepbystepfarm at mtdata.com>:
> b) A "Balance Sheet" report is as of some one date, not a range of
> dates. It should be showing the STANDING ACCOUNTS that have balances,
> assets, liabilities, equity. It should NOT be showing any of the
> income/expense accounts as these are "temporary"accounts whose net
> balances get transferred to equity as a gain or loss for the period.
Just a point of clarification; the Balance Sheet report is definitely
a report "as of some date", but it DOES ask for a "start date" so
that it can compute the "retaining earnings". This is due to the
fact that gnucash doesn't really have true Period support and doesn't
"close the books".
> Michael
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
-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
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