[GNC] GNUCash beginner setup

[Michael or Penny Novack]

On 4/7/2020 4:30 PM, jess wrote:
> The opening balance in the previous message refers to the current balance I
> have on my bank account in real life.
>
> I was able to solve this too. It works for resolution if the imbalanced
> transactions are assigned an account inside the checking account transaction
> list. If you try to assign the account in the "Imbalanced" account, it does
> not work.
>
> Why does this happen?

I think I understand what is confusing you.

You can enter transactions working from any of the accounts affected (if 
more than one, then it is a "split" transaction. You can specify/change 
(if editing the transaction) anything about the transaction EXCEPT the 
account you chose to work in. If you think about that for a second it 
may become obvious why that should be so.

Which means ---- If you are trying to correct a transaction that has an 
account of "Imbalance" (an account was not specified; gnucash used the 
default account "Imbalance") you can't fix that from within the 
"Imbalance" account. Sure, you find these transactions that need fixing 
by seeing what transactions, if any, are in the "Imbalance" account. 
Then in each one see the other (or of a split, others) and go to that 
transaction there. NOW you can specify the correct account instead of 
"Imbalance".

You were probably looking for/expecting a different process. What 
gnucash is doing is letting "Imbalance" be just like any other account, 
no special process.

Michael D Novack