[GNC] Basic Question (I hope) - End of Year Procedure

[David Cousens]

Jenny 
As well as the wiki that David T mentioned the help manual also has a
section on closing the books:

https://www.gnucash.org/docs/v3/C/gnucash-help/tool-close-book.html
and the wiki:
https://wiki.gnucash.org/wiki/Closing_Books .

Gnucash's report structure is also capable of preparing standard end of year
type reports without having to perform a formal closing of the books as per
standard accounting practice. The main function in a business is to transfer
the profit into equity in the case of a business and deal with tax and other
matters which might depend upon the profit for the period. For personal
accounts this may not really be necessary.

David Cousens





-----
David Cousens
--
Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html