Correcting Opening Balances

[Richard Claeys]

I migrated my many years of Quicken files from our Mac to our PC, then
downloaded and installed GnuCash to handle household spending and investment
transactions going forward.  While the initial results have been
encouraging, my major problem is the balances shown for each account.  For
instance our primary bank account is inflated by a factor of 10, while our
investment accounts are totally inaccurate with closed or hidden accounts
back, various securities in the wrong account, and all totals out of
alignment.

 

I was hoping that our January banking and brokerage statements would serve
as the basis for cleaning up and resetting our accounts, but I have been
unable to change any of the opening balances or rearrange current
portfolios.  Is there a method to make these changes at the outset, or do I
have to live with GnuCash only as a program for simple household
transactions?  Please let me know what I am missing or what can be done to
make our current account information accurate in the GnuCash format.

 

Thank you in advance,

 

Richard Claeys

Saratoga, CA