Unexplained Unrealized Losses on Balance Sheet Report

Mike or Penny Novack stepbystepfarm at mtdata.com
Sun Jan 2 11:53:28 EST 2011


Jay Ridgley wrote:

> Folks,
>
> GnuCash Version 2.2.4 with Ubuntu 08.04 LTS
>
> On the balance sheet report I generated for the year just ended, in 
> the Equity section is a line Unrealized Losses that follows the 
> Retained Earnings figure (that is the difference between income & 
> expenses). All my records show that there should be Unrealized GAINS 
> not loses... How do I find out what is causing this to happen and 
> correct it?
>
> I have looked through my accounts and find nothing obvious. I am not 
> an accountant just a user.
>
Jay, run an "Income Statement" report for the time interval. When you 
look at that you should be able to see why not agreeing with your 
(other) records. Possibly something was entered incorrectly.

Michael


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