[GNC] Hidden accounts and balances
Maf. King
maf at chilwell.net
Fri Aug 10 09:19:41 EDT 2018
Sounds like a bug or mis-feature in quicken to me. I think I'd prefer that my
accounts package didn't hide money from me.
Seriously, though thinking about it for a second, what financial institution
would allow you to close an account you held with them and leave a running
balance for the rest of eternity? (apologies to those planning a meal at the
Restaurant at the End of the Universe as featured in Hitchhikers Guide to the
Galaxy)
If you're hiding an Income / Expense account then surely you don't want to
regard that money as no longer earned / spent? It would throw everything out
of whack, IMHO.
0.02
Maf.
On Friday, 10 August 2018 14:11:15 BST Bridgit Griffin wrote:
> No not all have zero balances. However, Quicken allows the account to be
> treated as if that is the case. It seems the hidden function in GNUcash
> doesn't function the same way.
>
> On Fri, Aug 10, 2018, 4:30 AM Colin Law <clanlaw at gmail.com> wrote:
> > I would have expected a closed account to have a zero balance.
> >
> > Colin
> >
> > On Fri, 10 Aug 2018 at 09:51, Bridgit Griffin <bridgitgriffin at gmail.com>
> >
> > wrote:
> >> I recently imported 20 years of financial data. The issue I'm facing is
> >> that marking an account as hidden doesn't remove the balance from the
> >> total of the higher level accounts. Such that only active (unhidden)
> >> accounts are reflected in totals. Being accustom to Quicken that did
> >> have this feature either through a close option or hiding the account
> >> removed any of the balances in those accounts from totals. I can't be
> >> the first person who has encountered this, but searching didn't produce
> >> any relevant results. Any suggestions are welcome. Thank you.
> >>
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Maf. King
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