Balance Sheet and Retained Earnings

[replicon]

Thanks for the responses, this makes a lot of sense.

I tested out the "close books" feature on my sandbox, and it seems to behave
pretty sanely. It even correctly generates P&L after the adjustment, which
means it knows to filter the "closing" transactions out of the equation, so
it doesn't look like "zero profit, zero loss". Sounds like this is the right
thing to do.

cheers



--
View this message in context: http://gnucash.1415818.n4.nabble.com/Balance-Sheet-and-Retained-Earnings-tp4688262p4688284.html
Sent from the GnuCash - User mailing list archive at Nabble.com.