Adjusting cash account balance

M Prindle mprindle at pobox.com
Mon Jul 27 11:14:35 EDT 2009


The way I do it is to enter a transaction in my cash account with the
destination account as my expense account and enter the withdrawal so my
current cash on hand matches my electronic record.  The cash accounts don't
get reconciled so I don't have to worry about that.

Mike

On Mon, Jul 27, 2009 at 9:02 AM, Colin Law <clanlaw at googlemail.com> wrote:

> 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?
>
> Colin Law
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