Missing equity:opening balances account?

Derek Atkins warlord at MIT.EDU
Mon May 4 10:10:47 EDT 2015


Allan <allanhasmail at gmail.com> writes:

> Yes, thank you Alice. I believe I understand the accounting here. I
> was unsure how the program was creating the opening balance equity
> account and how to get the entries you discuss made.
> I think I have it now.
> Allan

All GnuCash does is create a regular transaction between Eq:O-B and your
account.  So creating that account manually and entering transactions
manually is exactly the right thing to do.

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       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

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