Balance Sheet problem

[Alex Aycinena]

On Tue, Nov 17, 2015 at 9:00 AM, <gnucash-user-request at gnucash.org> wrote:

>
>
> ---------- Forwarded message ----------
> From: Mike or Penny Novack <mpnovack at mtdata.com>
> To: gnucash-user at gnucash.org
> Cc:
> Date: Tue, 17 Nov 2015 07:37:08 -0500
> Subject: Re: Balance Sheet problem
> On 11/16/2015 9:52 PM, Roger & Karen Wise wrote:
>
>> I’m running GnuCash 2.6.5 on a Windows 8 machine. I’ve been creating an
>> accounting system for a large non-profit and put quite a bit of time on it.
>>
>> My problem is with the splits and their effect on the balance sheet when
>> I make changes in assignment to the splits. I assigned travel and
>> miscellaneous expenses originally to Account A. Later, I created Account B
>> for miscellaneous expenses, then went back and split the transaction
>> between A and . After I did that, the balance sheet went out of whack by
>> the amount of one of the splits.
>>
>> I’ve tried deleting one of the accounts and renewing it under the same
>> name, no dice. I’ve used the Checking account to delete the transactions
>> and re-entered the payment, again no dice.
>>
>> I like GnuCash and I’ve spent weeks putting the accounts together, but I
>> fear there is a fatal flaw that will kill it. Any help will be deeply
>> appreciated.
>>
> This is not a "fatal flaw" in gnucash. Sorry, but there must be something
> wrong either with the way you set up the new account (B) or how you
> re-entered the transaction as a split. For example, have you checked that
> there is nothing in imbalance or orphan? Have you rechecked the type of the
> new account B? On what side of the account (if looking at the transaction
> as it appears in B) is it, a debit or credit?
>
> I am going to guess that you haven't a lot of experience with double entry
> bookkeeping. That guess because you refer to the Balance Sheet going out of
> whack and expense accounts aren't standing accounts on the balance sheet
> (only the NET of all income and expense accounts appears there as net gain
> or loss).
>
> Michael
>


The other thing to check is to make sure the Balance Sheet report options
includes the new account. If you had the report open, then added the new
account and changed the split and refreshed the report, it is possible that
the new account is not included. Open the report options and make sure it
is.

Alex