Accounting advice: No longer tracking an account
David T.
sunfish62 at yahoo.com
Sat Oct 3 18:53:30 EDT 2015
I have a general accounting question to ask. I have been tracking an account for my daughter, who is no longer a minor. Now that she is on her own, I no longer need to track this account. I am not sure about how to remove the account from GnuCash.
Obviously, deleting the account would throw off other accounts in the books. I could simply hide the account in the Chart of Accounts, but that doesn’t seem right. I could zero the balance, but I am not sure which account I would zero it to.
I would welcome suggestions on how best to handle this.
TIA,
David
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