Setting up accounts Equty opening balances

Paul Schwartz pmjs1115 at yahoo.com
Sat Jun 6 21:14:28 EDT 2009


When you create accounts there is an option to enter an opening balance. Otherwise you can just go to the account register by double clicking on the account and entering the first tranaction [note that this is double entry bookeeping so all entries must be balanced].

HTH

Paul

--- On Sat, 6/6/09, Manfred Jung <mjung at ccm.org.za> wrote:

> From: Manfred Jung <mjung at ccm.org.za>
> Subject: Setting up accounts Equty opening balances
> To: gnucash-user at gnucash.org
> Date: Saturday, June 6, 2009, 3:51 AM
> Hi
> 
> I'm new to GnuCash and need to set up a chart of accounts.
> I need to have an opening balace in 2 Equity accounts but
> there seems no way to put this opening balance. Sorry for nt
> being clued up enough  can soneone please help me here.
> It is probably simple but I have searched the docu and not
> found the answer.
> 
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