[GNC] Balance sheet report period

[Mike or Penny Novack]

On 7/2/2019 4:20 PM, Rich Shepard wrote:
> Looking in the Guide the only reference I see to 'balance sheet 
> report' is a
> brief description. When I prepare the report the only date option I 
> see is
> the ending date.
>
> Is the start date that of the first entry in GnuCash? Can I produce a
> balancve sheet account for only the year-to-date and exclude previous 
> years?
> Or does that violate accounting practices?
>
> Rich 

The Balance Sheet is a "snapshot" of the books as of a specific date, 
not an interval. There is neither a start date nor an end date; just an 
"as of" date. It includes explicitly all of the standing account 
balances  (account types asset, liability, and equity). The accounts 
types income and expense are not shown because they are actually 
temporary accounts of fundamental type equity. Their NET will appear as 
the unrealized gain or loss in the Balance Sheet.

Michael D Novack