Charles Kanavle
charles at litek.com
Sat Feb 4 00:49:23 EST 2012
At 02/03/2012 17:55, you wrote:
>On Feb 3, 2012, at 20:29, Garo Sirinian wrote:
>
> > I am having difficulty setting my accounts tree in the following area:
> >
> > Wanting to start my files from the beginning
> of this year ignoring my past history, I don't
> know how to set up beginning balances to my
> accounts (including my home) without having the
> opening balances duplicating. I have listed my
> home for example under ASSETS with a current
> value but it also shows up under EQUITY's opening balances.
>
>
>This is exactly how it is intended to work.
>Equity accounts contain the other end of
>opening (and closing, if you do that) balance
>transactions; their reason for existence is so
>that such transactions have a place to go.
>
>GnuCash is a strictly double-entry system the
>effects of any transaction always sum to zero
>(though the display options may result in
>negatives and positives being reversed for a given account).
>
>--
>Kevin Reid <http://switchb.org/kpreid/>
Perhaps you aught to check what they call "split
transactions" which allow a single balancing
entry to many individual one-sided entries.
Charles Kanavle
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