Year end procedure...

FireFly fireflys_98 at yahoo.com
Thu Dec 31 11:03:59 EST 2009


> From: Fred Bone <Fred.Bone at dial.pipex.com>
> T. said:
> 
> > Let's see if I can help:
> > 
> > Close books creates a single transaction for income
> accounts and one for
> > expense accounts. 
> 
> A single transaction _per_currency_.
Fred,

Thanks for that info, since I'd done some things incorrectly last year when I setup GNUCash for personal use, I redid the year end and got multiple equity transactions for the different currencies,

Note: If you have income in two currencies, but expenses in only one, while the income transactions goto sub accounts (in my case GBP and USD) the expenses go into the "header" account that you choose.

Not sure if this is important or not (I pulled my expenses over to the USD account since they were all in USD)

- James Duerr

E-mail: FireFlys_98 at yahoo.com
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