Register - transfer field & hidden accounts

[Derek Atkins]

Michael Hendry <hendry.michael at gmail.com> writes:

> On 15 May 2014, at 15:50, Derek Atkins <warlord at MIT.EDU> wrote:
>
>> Michael Hendry <hendry.michael at gmail.com> writes:
>> 
>>> Rather than change the name, I move closed accounts into an account
>>> called Assets:Current Assets:Closed Accounts.
>>> 
>>> No doubt there are other ways…
>> 
>> Yep, just mark the account both Hidden and Placeholder.  That's really
>> all you need to do.
>
> This has implications if you’re producing (as I have done recently) a
> three-column Balance Sheet Report for 31/03/12, 31/03/13 and 31/03/14.
>
> I use a savings account for cash which might be needed quickly, and
> these accounts commonly offer a reasonable introductory rate of
> interest, dropping after a year to a paltry rate - so naturally I
> close the old account and open a new one.

It only has implications if you mark it off too soon.  Obviously you
should only mark it when you're done with it.  In your case you're not
"done with it" for an additional two years.

-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