Closing Out 2013

[David Carlson]

On 1/2/2014 10:55 AM, Mike Evans wrote:
> On Fri, 3 Jan 2014 04:36:56 +1300
> Parker Jones <zoubidoo at hotmail.com> wrote:
>
>>> From: warlord at MIT.EDU
>>> Note that there is not requirement that you Close the Books.  Indeed,
>>> all this does is zeroize your Income and Expense accounts, rolling them
>>> up into Equity.  The reports can do that for you already, so all it
>>> really does is fix up the Chart of Accounts for you to show you
>>> year-to-date totals.
>>>
>>> One thing it does NOT do is prevent you from entering transactions in
>>> the past.  
>> It has happened several times that I've added a transaction and inadvertently entered the wrong date, somewhere in the past.  Since there is no undo function, I've had to hunt down the transaction which was a waste of time.  Does this only happen to me?
>>
>> I wonder whether the ability to lock previous years, prohibiting changes in the past, is a feature anybody else would appreciate?  Or at least, a pop-up saying "You are about to add a transaction to a previous year, are you sure Y/N?"
>>
>> P. Jones
>
> If you've reconciled your books up to the close of year, (of course you did), and you haven't disabled warnings then that's exactly what does happen.  The warning pop-up I mean.
>
>

I am not so sure that you get a warning about adding a new transaction
in a period that has been reconciled, but if you have reconciled, then
setting a register filter (View > Filter by... )  to exclude reconciled
transactions should only leave the transactions that you are looking
for, along with very recent un-reconciled transactions.

David C