Why opening balances are in Grand Total?

[George Shuklin]

Yes, I understand this. Opening balance operations are listed twice: in 
'equities->Opening Balances' and in the corresponding asserts account 
(f.e. 'cash').

My question is: Why 'Grand total' sum both sides of such transactions?

On 07/25/2016 11:04 AM, DaveC49 wrote:
> Hi George,
>
> Gnucash implements double entry bookkeeping. For every transaction there are
> at least two accounts which are affected. for example if you buy a toaster
> at the appliance store, it will be recorded as a credit ( or decrease in the
> balance) of the amount of the purchase in your Asset:Bank account. The
> second half of the transaction will be a debit to an expense account (i.e an
> increase in the balance) for the same amount, e.g. Expense:Household
> Purchases.
>
> For more info see the Wikipedia entry on Double Entry Bookkeeping, the
> Accounting Equation or an introductory text on Financial accounting  and see
> the Gnucash documentation ( Tutorial and concepts Guide) on splits, which is
> what the two (or more) parts of a transaction are referred to in Gnucash.
>
> You can normally access the components of a transaction by opening one of
> the accounts affected then double clicking on an individual transaction to
> open the split. Additional lines will open below the summary line and these
> will display the accounts affected.
>
> Splits can involve more than two accounts, for example when dealing with a
> GST or VAT or sales  tax which you may collect on behalf of the government.
>
>
> David
>
>
>
>
> --
> View this message in context: http://gnucash.1415818.n4.nabble.com/Why-opening-balances-are-in-Grand-Total-tp4685908p4685911.html
> Sent from the GnuCash - User mailing list archive at Nabble.com.
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.