[GNC] How to start a new GC file for a new year?

[Adrien Monteleone]

I covered that.

It isn’t necessary, or even desirable.

One can achieve the desired result without doing so.

Keeping everything in one book retains the ability for varied reporting.

Once transactions are archived, reporting becomes limited with respect to historical transactions. (and with it, analysis of said transactions, to some degree)

The most versatility is retained by keeping all years in one book.

Segregating by date, starts to introduce limitations.

Regards,
Adrien

> On Mar 21, 2020 w12d81, at 6:33 PM, Fran_3 <mailbox0600 at yahoo.com> wrote:
> 
> How about just creating a new account under Assets > Current Assets >
> and naming it Checking 2020
> Then for the last transaction in Checking 2019 transfer the ending balance to Checking 2020.
> This way everything is preserved and you have all your 2020 checking transactions in one neat account.
> Wouldn't that work?