[GNC] Starting new year

Stephen M. Butler kg7je at arrl.net
Thu Apr 4 10:58:54 EDT 2019


On 4/4/19 12:16 AM, Derek Atkins wrote:
> Hi,
>
> On Wed, April 3, 2019 8:36 pm, Richard Barmann wrote:
>> Do you start a new year with a balance from the previous year or with o
>> balance.
> None of the above.  I archive the data file and just continue using it.
>
>> Richard Barmann
>
> -derek
>
Some of us go through a formal "close" that transfers all the
expense/income into the account of our choice (Retained Earnings for me).

However, that is not needed as GnC knows how to handle it since it knows
your fiscal year -- you did set that up?

-- 
Stephen M Butler, PMP, PSM
Stephen.M.Butler51 at gmail.com
kg7je at arrl.net
253-350-0166
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