Closing the Books

[Derek Atkins]

Hi,

Quoting Tony Nelson <tonyn at openlearning.com>:

> Hi All,
>
> I see an option in gnucash to "close the books" (Tools -> Close Book).
> I could not find any documentation on this feature.  Can anyone tell me
> how to determing exactly what happens when this tool is used?

It zero-izes your Income and Expense accounts into Equity.

> Thanks!
> --Tony

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-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