[GNC] Setting up a new accounting scheme in GnuCash

[Frank ter Braak]

Together with alle the previous posts this final explanation helped a lot.
I finally feel equipped to start building my own scheme or know where to add my own accounts to the existing logic of GnuCash.

Thanks to Frank, Adrien, David and Liz!


> Op 9 aug. 2019, om 12:38 heeft David Cousens <davidcousens at bigpond.com> het volgende geschreven:
> 
> Frank,
> 
> I think the term Balans accounts will refer to Assets , Liability and Equity
> accounts while Gain and Loss accounts will refer to Income and Expense
> accounts. 
> 
> In accounting the latter are known as temporary accounts as they record the
> income and expenses for the current accounting period and are used to
> calculate the profit or loss for that period. In the end of period closing
> calculations, this is usually transferred to an Equity:Retained Earnings
> account to reflect the change in equity produced by that profit or loss.
> 
> The Assets Liability and Equity account balances on the other hand show the
> overall long term position of your accounts at the date the balances are
> taken.
> 
> David Cousens