Fighting with gnucash

David Carlson david.carlson.417 at gmail.com
Fri Nov 11 12:00:00 EST 2016


When you first start GnuCash, do you get a warning about the file already
being open?  If so, and you are the only user then you need to choose "Open
anyway"  not "Open read only".

David C

On Nov 11, 2016 8:04 AM, "Mike or Penny Novack" <mpnovack at mtdata.com> wrote:

On 11/10/2016 10:11 AM, Anita Graves wrote:

> Help!!!  I am a beginner trying to set up a new account tree and have
> these problems:
>
> 1.  It is a read-only file now (don’t know what I did but unchecked the
> placeholder things a bzillion times)
>
> As I understand it correctly or not, there are only two placeholder
> accounts:  Asset and Liability
>
You forgot fundamental type Equity (and temporary types Income and
Expense). This MAY be your problem, misunderstanding how double entry
bookkeeping works. Every transaction has both a debit and credit side.





> 2.  I cannot enter the opening balances of cash on hand or checking
> account.
>
Were you entering the equity side of these?

Anita, you do not have to use "opening balances" when you create accounts.
Unless you are working from a balance sheet (and so have in front of you
the opening balance for Equity) it might be easier for you to simply create
the accounts with no balance (balance zero) and then use a series of
opening transactions (description maybe "open the books") each one debiting
(say cash) and crediting (equity) or crediting (say outstanding loan) and
debiting equity. Then gnucash will calculate the balance of equity for you.

Michael D Novack



> Help!!
>
> Thanks,
> Anita Graves
>
>
> Between stimulus and response there is a space. In that space is our power
> to choose our response. In our response lies our growth and our freedom.’
> ~Victor Frankl
>
>
>
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-- 
There is no possibility of social justice on a dead planet except the
equality of the grave.


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