Can't delete Imbalance account

[Mike or Penny Novack]

On 12/17/2015 8:46 PM, David T. wrote:
> Mike,
>
> I don't understand your rationale in this situation. There is no need 
> to use imbalance while you determine the account, since you can create 
> a new accountdirectly from the register while entering a transaction. 
> As Liz notes, the account can be renamed and relocated later on.
Remember, I am not thinking in terms of PERSONAL books (where the 
decisions mine alone). The only time I might be leaving something 
Imbalance (rather than immediately assigning an account) would involve a 
question SHOULD this item be split off into a separate (new) account, in 
which case the question where in the tree becomes relevant.  Yes of 
course, could tentatively create that new account (and later correct if 
the group decision is no by deleting the account sending its 
transactions back or renaming and moving in the tree if yes).

I just consider it easier FINDING a item in Imbalance than trying to 
remember a month or so later "what did I call that account and where did 
I put it". First remembering that there WAS something pending. I might 
not notice until preparing* the reports a couple of days before the next 
quarterly board meeting, and that's a hell of a time to try to get 
consensus. I try not to come to a board meeting with financials that are 
just tentative so can get a simple "approve Treasurer's report" rather 
than "after corrections and special meeting to approve as corrected".

The equivalent for personal or business might be "is this taxable?" 
(which account to put it). Sure, you could make a guess, then send your 
question to your accountant or tax advisor and when you got the answer 
back find and edit the transaction. But if you instead left it in 
Imbalance you have a reminder "hey, I haven't yet heard back on that; 
better send another email".

Michael

* Since I would be taking reports exported form gnucash and editing to 
formatted report for the board, would likely notice any new account then.