Fwd: Closing books

[Yawar Amin]

Gah! Forgot to cc the list

Begin forwarded message:

> From: Yawar Amin <yawar.amin at gmail.com>
> Date: 6 January, 2013 23:19:44 EST
> To: Dean Gibson <gnucash at ultimeth.com>
> Subject: Re: Closing books
> 
> On 2013-01-06 21:23, Dean Gibson wrote:
>> [...]
>> 
>> Closing books is necessary if you want the account totals in income &
>> expense ledgers to reflect YTD balances (as I do).
>> 
>> I've never run a GnuCash report.  No need.
> 
> I guess we're talking about a philosophical difference here. In GnuCash,
> you can use both approaches. Closing the books means you get YTD
> balances in the main accounts page. But _not_ closing the books means
> one less `housekeeping' task, and relying on the reports for accurate
> balances.
> 
> Regards,
> 
> Yawar
> 
>