Starting a new year
Derek Atkins
warlord at MIT.EDU
Fri Feb 3 11:04:44 EST 2017
Hi Rich,
Rich Shepard <rshepard at appl-ecosys.com> writes:
> On Thu, 2 Feb 2017, Derek Atkins wrote:
>
>> PS: This is one reason why many people don't start new files. There's no
>> need to do so, and it causes issues like this.
>
> Derek,
>
> Caveat: I've not searched the help or guide docs for this question.
>
> Does GnuCash have a year end closing function (particularly useful for
> business accounts) that automagically transfer last year's closing balances
> to this year's initial balances then lock editing of the previous year's
> accounts?
There is a "Close Books" function (in the Tools menu) which will roll up
all the Income/Expense transactions up to the closing date into Equity.
However, this will not create a new set of books, and it wont "lock"
anything because there is no such thing as "locking" in GnuCash.
> Regards,
>
> Rich
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
-derek
--
Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
Member, MIT Student Information Processing Board (SIPB)
URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH
warlord at MIT.EDU PGP key available
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