[GNC] Frustration

Michael or Penny Novack stepbystepfarm at comcast.net
Tue Feb 9 09:41:47 EST 2021


On 2/8/2021 5:37 PM, David Cousens wrote:

>
> If you do need to create a new file for some reason, use the
> File->Export->Export Account Tree to CSV to export your account structure,
> the Fuile->NewFile to open a new file.In the setup wizard you cannot proceed
> if you Clear All but if you select the Simple Check Book

There is another alternative, perhaps more intuitive, more similar to 
how it was in the old days.

a) COPY the old file BEFORE doing the "close the books" operation  << 
this file can be used to recreate the prior year reports >>. You can 
also burn a copy of the old file to ROM and send off for safe keeping. 
That would be a guard against alteration of data.

b) Run the "close the books" on the new file << name for the coming year 
 >> You can now run the end of year reports (start of next year) as of 
the last day of the year. You might want to burn a copy of that (start 
of year) and send it off.

c) The transactions for the next year are entered into the new file. 
Note that yo CAN still look at old data. All the "standing accounts" 
will not have been affected by the close the books operation (that 
zeroes out just the income and expense accounts)

Michael D Novack




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