Problems Running Report for Previous Year
Carlos Astrada
carlosastrada at gmail.com
Mon Sep 17 12:54:34 EDT 2007
All,
I am familiar with accounting concepts, and I do know that the balance
sheet is a snapshat for a certain date. However, under options the date can
be changed, and I figured it would show data for a previous date, which it
did, just not exactly what I expected.
The mystery has been solved (Thanks, Michael, for the tip!). The issue is
that I closed all accounts at the end of the last accounting period and
therefore GnuCash was showing a $0.00 balance. By changing the end date for
the range to a day before close, I was able to generate the report with the
data I needed.
Thanks for your help on this one.
--Carlos
On 9/17/07, Derek Atkins <warlord at mit.edu> wrote:
>
> 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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