Imbalances

David T. sunfish62 at yahoo.com
Tue Feb 22 20:52:24 EST 2011


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--- On Tue, 2/22/11, falou zaynoun <fzaynoun at hotmail.com> wrote:


From: falou zaynoun <fzaynoun at hotmail.com>
Subject: RE: Imbalances
To: sunfish62 at yahoo.com
Date: Tuesday, February 22, 2011, 1:45 PM




Ok now the imbalances appearing, how to remove them, you are suggesting is to not make a mistake, but now i made it...

Currently i took money from someone say 500$
i added 1 account liability with 500$ opening balance, and here the problem happened. (because then i can't balance the money i add to my cash by a transaction in liabilities.) now i tried to make opeing balance 0 after and all messes up. the thing i delete imbalances and it can't get deleted. i rechecked everything and all look balanced to me except that 500 in imbalances

First: did you open up the splits for the transaction in question, as the other respondent suggested? You will need to see the splits to figure out what's happening.
 
I assume you have a transaction in Liabilities:Friend Loan that says something like:
 
2/22/2011 
Opening Balance
Liabilities:Friend Loan  $500
Imbalance-USD                                      $500
 
Change Imbalance-USD to Assets:Cash In Wallet, so that the transaction now reads:
 
2/22/2011 
Opening Balance
Liabilities:Friend Loan  $500
Assets:Cash In Wallet                                      $500
 
That should even everything out. Or are you leaving something else out?
 

please help me in this. i like this software, and i like the idea of being able to manage my own finance and maybe in future to use it in my business. but so far, it looks for me unstable, i hope i am wrong, i hope this software works for me. 

Gnucash is NOT unstable; there are MANY people who use it, and you can, too. I am personally managing my family accounts, with numerous loans, bank accounts, credit cards. It does take a little bit of understanding (not much!) about how double entry accounting works, though.

David
 
thanks

> Date: Tue, 22 Feb 2011 12:34:43 -0800
> From: sunfish62 at yahoo.com
> Subject: Re: Imbalances
> To: gnucash-user at gnucash.org; fzaynoun at hotmail.com
> 
> 
> 
> --- On Tue, 2/22/11, falou zaynoun <fzaynoun at hotmail.com> wrote:
> 
> > From: falou zaynoun <fzaynoun at hotmail.com>
> > Subject: Imbalances
> > To: "Gnucash" <gnucash-user at gnucash.org>
> > Date: Tuesday, February 22, 2011, 11:23 AM
> > 
> > i am getting imbalances and actually i am not able to
> > delete them. imbalances means something is wrong for me.
> > What to do to fix this and be able to delete imbalances ?
> 
> Gnucash is double entry accounting, so it requires (according to double-entry accounting rules) a balancing entry in every transaction. 
> 
> SO, if your transaction doesn't balance, Gnucash provides the reminder by creating a balancing entry in Imbalances. 
> 
> If you want to get rid of imbalance entries, balance your transaction by designating a different (real) account for the imbalance amount.
> 
> David
> 
> > 
> > Thanks
> >    
> >         
> >           
> >   
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