Opening balance

Colin Law clanlaw at gmail.com
Mon Aug 28 05:38:03 EDT 2017


On 28 August 2017 at 10:29, Bindiya Maharjan <bindiya.maharjan at gmail.com> wrote:
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>  I just started to use gnucash. I got confused how to start opening balance for liabilities and assets. I also see separate heading for expense and income but expenses goes to assets in traditional accounting. How these can be recorded and balanced in balance sheet?

I suggest starting by working through the Tutorial and Concepts guide,
that should get you started.
http://gnucash.org/viewdoc.phtml?rev=2.6&lang=C&doc=guide

Colin

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> Thanks in advance
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> Bindiya
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