[GNC] Starting a new file

[Tommy Trussell]

Another option is to let the start of each account correspond to the
NEAREST statement BEFORE the beginning of the year. For example, you might
have one statement that ends December 31st, but another that ends December
15th and yet another that ends December 12th.

Start each account at the beginning of the next relevant statement. The
first account is easy because you'll start January first, the next has all
transactions starting December 16th, and the final example has all
transactions starting on December 13th.  The latter two accounts will have
transactions duplicated in the old and the new data files.

You're the only one who will be seeing any of these so save yourself some
mental energy! As long as you have the opening balances correct, GnuCash
will do the right things regarding reports.

(The same is true for your old data file, which you are presumably
archiving; to enable you to validate all the final statements and run
reports you can put a few transactions into the next year and be certain
the statements reconcile. It's a small amount of double work, but depending
on your circumstances might avoid potential errors.)

Just be sure you name your files clearly so you don't accidentally keep
entering data into your archived file. You might also consider changing
permissions on the old data file or moving it to a read-only medium so you
won't accidentally change old transactions.

On Fri, Feb 4, 2022 at 2:47 PM Gyle McCollam <gmccollam at live.com> wrote:

> You will have to create your own ending balance for 2021.  Review the
> statement and find the balance on the statement at 12/31/2021or
> add/subtract the entries up to and including 12/31/2021 to arrive at the
> balance.  That number will become your starting balance for 2022 as well.
> You can use the ending balance on the statement when you reconcile 2022.
>
> ________________________________
> From: gnucash-user <gnucash-user-bounces+gylemc=gmail.com at gnucash.org> on
> behalf of Seth Burgess <sethbburgess at gmail.com>
> Sent: Friday, February 4, 2022 3:26 PM
> To: gnucash-user at gnucash.org <gnucash-user at gnucash.org>
> Subject: [GNC] Starting a new file
>
> I have been using GnuCash for about 10 years.  I am currently using
> Build ID: 4.6+(2021-06-26).  I have decided to start fresh with a new
> file and discontinue an old one with the same bank accounts starting on
> January 1, 2022.  I have one bank account that does not end the month on
> December 31st and one that does. For the account that does not end the
> month on December 31st, I have divided the statement that starts
> December 21st and ends January 20th so that the transactions are split
> between the old account file and the new one.  The transactions are
> correctly entered in each file, but the reconciliation of the statement
> does not balance using the statement ending balace, because some of the
> transactions are in the old file and some in the new file.  This means
> the reconciliations in each file cannot be finalized.  This will cause a
> problem going forward, particularly with the new file.  I don't know how
> to handle this.
>
> thanks in advance for ideas.
>


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