can I add historic acct balance after acct creation?

[Michael McKay]

I skipped the creation of initial balances and added the opening balances
manually.  These were transactions dated before the earliest period I was
interested in with the split assigned to equity::opening balances.  When all
the accounts were entered, the opening balances showed up on the Balance
Sheet as a line in equity.

I then added an entry in an income account equivalent to opening balance
amount again assigned to the opening balance account with the early date.
This effectively zeroed the opening balance account and moved the amount to
retained earnings.  The balance sheet for the first period of interest was
then correct.

Yours,

Michael McKay
MJM Consulting
613.724.8169


-----Original Message-----
From: gnucash-user-bounces at gnucash.org
[mailto:gnucash-user-bounces at gnucash.org] On Behalf Of Andrew F.
Sent: April-16-09 4:35 PM
To: gnucash-user at gnucash.org
Subject: can I add historic acct balance after acct creation?


G'day

I am experimenting with GnuCash to determine whether I wish to use it in an
Australian small business environment.

My tests reveal GnuCash is designed so one can input the historic/initial
balance of an account only at the time one is creating an account.

Is there some way to get around this constraint?
Perhaps by hacking a file?

If not, then I suggest GnuCash be altered so it is possible to input the
historic account balance after it is created.

There are two reasons I wish to do this:
1. Sometimes, when creating a chart of accounts of a new entity I find I
need to add or change a few accounts shortly after creating the chart of
accounts, therefore I need to alter their initial balances.
2. I have a chart of accounts "template" for which includes common accounts
names and numbers. This template is used for the several entities I use. I
prefer to enter these common accounts once, then copy the file for each
entity, then adding accounts which are unique to each entity. I can only do
this if I can alter the initial balance of an account after it is created.

Andrew
andrewf8 at yahoo.com


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