Imbalance account

Derek Atkins warlord at MIT.EDU
Thu Apr 5 11:55:51 EDT 2012


Hi,

Mrs Millipot <anne.khangura at gmail.com> writes:

> I've started using Gnucash recently, and have found it remarkable easy to
> follow.  I've used Quicken and MYOB previously, as well as some
> industry-specific programmes.
> Here's my question:  after importing bank transactions (easily) so that I
> can reconcile the bank accounts, and concluded this successfully, I find all
> the transactions are also in the Imbalance Account in the Chart of Accounts. 
> All transactions were allocated to the respective income/expense accounts
> when imporint.
> Where have I gone wrong?

Which import mechanism did you use, and how did you allocate to the
respective inc/exp accounts?  Having the Imbalance account filled as you
describe implies that this allocation did not happen properly during
import.

> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.

-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


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