Expense account Balances

[David T.]

It is up to you. You can let them grow, or you can zero them out every year to an account of your choosing. This option, however, can have effect on longterm expense analysis, as the zeroing transaction has to appear in some time frame, where it will throw off calculations. The analogous action you are looking for are the discussions about "Closing the books" which are numerous in the archives.

HTH,
David



________________________________
 From: commander_groo <keir at shaw.ca>
To: gnucash-user at gnucash.org 
Sent: Friday, December 9, 2011 8:02 AM
Subject: Expense account Balances
 
Hello,

I'm new to gnucash and double entry accounting programs. I have one question
about expense accounts that I haven't been able to find an answer to in the
documentation.

As I make expenses and the balance of the expense accounts continue to grow,
are they just suppose to grow forever or do the balances reset to zero with
the balances being transferred to somewhere else say on a monthly or yearly
basis?

Thanks

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