Equity doesn't balance

[Carsten Rinke]

Hi Marty,

I think you should rather look at e.g. the Balance Sheet 
(Reports->Asset&Liability).

If I get it right, you are looking at the equity accounts where the 
opening balances are "generated", and they are meant to only show the 
opening balances.
If you have additional income from the Income-type accounts into your 
assets, your Equity will increase, but that will affect the equity 
accounts. Instead, your equity (= assets - liabilities) it will be 
calculated e.g. in the balance sheet report.

Kind regards,
/Carsten


On 04/28/2013 04:22 PM, DutchPro Computer Service wrote:
> Hello Everyone!
>
> I am fairly new to GNUcash and thought I had everything balanced, but my equity doesn’t make sense.
> I thougth my equity should be my ‘net worth’ but the only thing entered in equity is my opening balance of my
> checking and savings account given in a negative number. Assets, expenses, income and liabilities all balance and are correct.
> What am I missing or doing wrong?
>
> Thanks for your help!
>
> Marty
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