new user of Gnucash - questions

[Derek Atkins]

Hi,

"Diann" <dhayes at hornelaw.us> writes:

> Thank you for your response.  More questions:  Is there a way to close a
> month?  And, at year's end, how would one perform "end of year" accounting
> to close out the current year?   

It depends what you actually mean by "close a month".  There is the
"Close Books" tool available, but all it does is zeroize your Income and
Expense accounts by creating a balancing transaction into Equity.  It
does not protect your data from future editing.  Also, many reports
don't (yet) know to ignore these closing transactions, so doing it every
month might cause some reports to fail to operate.

So let me ask you, to what purpose do you feel you need to "close the
books"?  What are you attempting to accomplish?  It made sense when "the
books" were literal books of paper.  But in the computer age it makes a
little less sense.

If you're looking to make a read-only copy...  Write it to a CD-ROM.  :)

> Diann I. Hayes
> Legal Assistant
> Horne Law Firm, PLLC
> 2315 Market Street
> Wilmington, NC 28403
> Tel:  910.254.7901   Fax: 910.254.7903

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-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available