what should I use as a starting balance?

[Colin Law]

On 12 May 2016 at 21:42, gvhorwitz <gvhorwitz at gmail.com> wrote:
> Hi,
>
> I've just set up gnucash and I /know/ I have a lot to learn boy oh boy do I.
> However, when I start setting up gnucash with my checking account, which
> I've had for several years. My question is what do I use for a starting
> balance?

Whatever the balance is (probably from the last statement) just before
the time of the first transaction you are entering on GC.  Usually
this will be from the time of a bank statement.  Don't worry if you
are not certain what this is when you create the account, you can
correct it later, as it appears in the accounts just like any normal
transaction.

Colin

Colin

>
> I'm sure it's obvious, but hopefully I don't need to go all the way to the
> year I opened the account.
>
> Thanks in advance.
>
> Greg
>
>
>
> --
> View this message in context: http://gnucash.1415818.n4.nabble.com/what-should-I-use-as-a-starting-balance-tp4684847.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.