[GNC] Help - entering opening balances

[Chris Green]

On Tue, Sep 08, 2020 at 05:57:27AM -0700, Stan Brown wrote:
> 
> 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
> 
OK, yes, thanks. 

> > 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?
> 
It's OK, I've sorted that out, just part of the initial learning curve!

-- 
Chris Green