Cannot edit opening balance
Adrien Monteleone
adrien.monteleone at gmail.com
Mon Dec 11 13:26:56 EST 2017
Not true at all.
You can edit it to your hearts content. I have on several occasions.
If you’ve reconciled it though, you’ll get a warning asking if you are sure you want to change it, and of course, doing so might throw off a reconciliation.
There’s nothing special about the opening balance entry when starting GnuCash for the first time. It’s just an entry between a particular account and an account called Equity:Opening Balances.
Regards,
Adrien
> On Dec 10, 2017, at 11:48 PM, John R. Sowden <jsowden at americansentry.net> wrote:
>
> My suggestion is to never use the opening balance in an accounting system. Instead, I create a series of General Journal entries, each with about 5-6 transaction pairs, to cover all of the asset, liability and equity accounts. Works well. I have learned over the decades that the programmer does not want the user to edit the beginning balance once it is entered.
>
> John
>
>
>
> On 12/10/2017 02:01 PM, Carmelo Pagán wrote:
>> Hello All,
>>
>>
>> I’ve been trying to reconcile my Checking account, but I’m running into a
>> problem. The reconcile window displays a negative amount as the opening
>> balance. I didn’t enter an opening balance when creating the account. After
>> obtaining my bank’s statement and gathering the open balance as stated. I
>> went to enter an opening balance in the” Equity:Opening Balances” account
>> and it accepted the entry just fine. I then checked the opening balance in
>> my checking account and it displayed the opening balance as I entered in the
>> equity account. When I go to reconcile the Checking account, the reconcile
>> window displays my opening balance as a different amount than the one I
>> entered, and there is no option (that I can find, and yes I did RTFM)to
>> alter the opening Balance.
>>
>>
>> Why doesn’t a user have the option to correct an opening balance in the
>> reconcile window? This issues messes up every reconcile operation that
>> follows. I hope you (the community) can help
>>
>>
>> OS: Windows10
>>
>> GC version: 2.6.18
>>
>> Build: git rev 3a9fbb8+ on 2017-10-08
>>
>>
>> Sincerely,
>>
>> Carmelo Pagan
>>
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>
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