gnucash-user Digest, Vol 177, Issue 52

[Colin Whyles]

Ticotexas,

Under Tools there is a tool for closing books. I would advise making a copy of your accounts in case anything doesn’t balance properly. I’ve been caught out due to my own incompetence. It isn’t easy to undo closed books.

— 
Colin Whyles

> On 24 Dec 2017, at 10:40, gnucash-user-request at gnucash.org wrote:
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> Today's Topics:
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>   1. Unrealized Gains and Closing Books (ticotexas)
>    
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> 
> ----------------------------------------------------------------------
> 
> Message: 1
> Date: Sat, 23 Dec 2017 11:06:42 -0700 (MST)
> From: ticotexas <tkallmer at gmail.com>
> To: gnucash-user at gnucash.org
> Subject: Unrealized Gains and Closing Books
> Message-ID: <1514052402426-0.post at n4.nabble.com>
> Content-Type: text/plain; charset=us-ascii
> 
> I'm preparing for my first year-end closing since starting my use of gnucash.
> I understand the method of zeroing expenses and income by transferring to
> equity accounts like 2017 Expenses and 2017 Income. Is there also any
> similar method to zero Unrealized Gains (that appears on the balance sheet)
> to equity? I am thinking it would be nice to start Unrealized Gains at zero
> at the new year. I would like to have equity accounts of 2017 Unrealized
> Gains, 2018 UG, 2019, etc. as a way to see how my investments grew or lost
> every year. Is that possible?
> 
> 
> 
> --
> Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html
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> 
> End of gnucash-user Digest, Vol 177, Issue 52
> *********************************************