[GNC] Help - entering opening balances
Stan Brown
the_stan_brown at fastmail.fm
Tue Sep 8 08:57:27 EDT 2020
On 2020-09-08 05:52, Chris Green wrote:
> ... I can't work out how to enter
> opening balances for the two accounts we have - a current account and
> a savings account (which is basically the building fund). ...
>
> So, ignoring the help system, how do I enter an Opening Balance?
> There's a section in accounts under 'Equity' for opening balances and
You can enter an opening balance in the dialog when you create a new
account.
If the account is already created, you can give it an opening balance by
creating a transaction.
Debit:Assets:Bank Account
Credit:Equity
> I tried creating two accounts under that and entering balances but the
> result made no sense at all to me. Having entered an opening balance
> I'd expect the balance sheet to show me that amount but GnuCash just
> did a decrease and a balancing increase in the Equity account which
> doesn't really make much sense.
I don't understand. What transactions, exactly, were created by you and
by GC?
--
Regards,
Stan Brown
Tehachapi, CA, USA
https://BrownMath.com
https://OakRoadSystems.com
More information about the gnucash-user
mailing list