Adjusting cash account balance

[Paul Schwartz]

--- On Mon, 7/27/09, Colin Law <clanlaw at googlemail.com> wrote:

> From: Colin Law <clanlaw at googlemail.com>
> Subject: Adjusting cash account balance
> To: gnucash-user at gnucash.org
> Date: Monday, July 27, 2009, 8:02 AM
> I should be able to find the answer
> to this myself but studying the
> help and googling has not led me to an answer.
> 
> In my cash account I record significant transactions but
> not small
> ones.  Routinely then I wish to adjust the balance to
> the current
> value, allocating the adjustment to
> Expenses:miscellaneous.
> 
> In section 5.4 of the tutorial
> (http://svn.gnucash.org/docs/guide/cbook-reconacct1.html),
> Reconciling
> Your Accounts it states "You also don't need to reconcile
> cash
> accounts, for the same reason. With a cash account, though,
> you might
> want to adjust the balance every once in a while, so that
> your actual
> cash on hand matches the balance in your cash account.
> Adjusting
> balances is covered in the next section."  I cannot
> find it in the
> next section however.
> 
> Is the only way to enter a transaction manually to bring
> the balance
> to the current actual amount?

I think so.

HTH
Paul