Accounting advice: No longer tracking an account

Colin Law clanlaw at gmail.com
Sun Oct 4 13:19:39 EDT 2015


On 3 October 2015 at 23:53, David T. <sunfish62 at yahoo.com> wrote:
> 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.

Just ignoring and possibly hiding it is exactly the right thing to do.
You don't want to delete the history.

Colin



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