Opening a new account [SOLVED]

[Wm]

Wed, 31 Dec 2014 19:34:37 <54A4961D.3080903 at gmail.com>  Ken G. 
<beachkidken at gmail.com>


>My thanks to those who replied to my question. I think I got confused 
>as to whom I should make a credit entry to, either an entry to the 
>income accounts or an equity account. I guess making an entry to the 
>equity account only applies when creating a new set of books. By the 
>way, this is for my personal usage, not use for business.

I find it handy when using gnc that if something predates the start of 
my accounts (the opening balances for my current a/c for e.g. are 
Equity) I use Equity, if it is more recent I use Income and Expenditure.

-- 
Wm...