Opening Balances for Business Accounts
Anthony Dardis
adardis at gmail.com
Tue Nov 9 09:57:34 EST 2010
Could you indicate what is causing the slow progress? Is it about
classifying the accounts? A particular kind of report ("statement of
opening balances")? Creating the accounts?
On Tue, 09 Nov 2010 04:48:05 -0500, Mick Kelly <mick.p.kelly at gmail.com>
wrote:
> Hello,
> Having just passed through the first stages of a manual double-entry
> bookkeeping course, I'd now like to develop with Gnucash. To get me
> started,
> can some kind soul instruct me how to make a statement of opening
> balances
> for a theoretical client, Smiths the Carpenters? The accounts to include
> are:
>
> Capital 46580
> Bank Loan 7800
> Vehicle 22500
> Tools and Equipment 25100
> Office Equipment 3250
> Stocks 1600
> Bank 2560
> Petty Cash 120
>
> Debtors:
> A Ltd 2450
> B Ltd 1800
>
> Creditors:
> C Ltd 1400
> D Ltd 1500
> Value Added Tax 2100 CR
>
> I'm rather hoping that if I can parrot my way through this exercise,
> I'll be
> comfortably on my way. I've tried doing this from the help manual for
> several days but I'm making only very slow progress. My problem probably
> stems from wanting to jump in mid-stream, as I'd like to use Gnucash for
> my
> bookkeeping studies, as opposed to recording my own accounts.
> Many thanks to all who read this.
> Mick.
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