[GNC] How to run Year End Procedures for the Tax Year (UK end 5 April 2023), and start new Data set for the New Tax Year starting 6 April 2023

[Gyle McCollam]

Chris,
In the "Tools" option there is a "Close Book..." selection, but before you use that click on "Help", then "Contents" and search for close book.  That will explain how to "Close Book" and explain that you don't actually have to do that for Gnucash to function correctly for the new year.  It is your choice whether to do that or not.  I do it every year, but some don't as it is not necessary for proper functioning.  You could also copy the and rename the current data file, before you start the new year to preserve a backup of the year end status.


Thank You,

Gyle McCollam

Gyle McCollam

gmccollam at live.com<mailto:gmccollam at gyleshomes.com>           email

________________________________
From: gnucash-user <gnucash-user-bounces+gylemc=gmail.com at gnucash.org> on behalf of CJN.... ... <cjn_international at hotmail.com>
Sent: Friday, April 7, 2023 1:28 AM
To: CJN.... ... <cjn_international at hotmail.com>; gnucash-user at gnucash.org <gnucash-user at gnucash.org>
Subject: Re: [GNC] How to run Year End Procedures for the Tax Year (UK end 5 April 2023), and start new Data set for the New Tax Year starting 6 April 2023

7 April 2023

I'm not sure I'm using the GNU-Cash subscriber message system correctly to get feedback & help.
But no doubt someone will advise me if the message is received at Help Line.
Chris

-----Original Message-----
From: gnucash-user [mailto:gnucash-user-bounces+cjn_international=hotmail.com at gnucash.org] On Behalf Of CJN.... ...
Sent: Friday, April 7, 2023 6:21 AM
To: gnucash-user at gnucash.org
Subject: [GNC] How to run Year End Procedures for the Tax Year (UK end 5 April 2023), and start new Data set for the New Tax Year starting 6 April 2023

6 April 2023

I have just completed using GNUCash for my first full year of data.
As I'm UK based the tax reporting year ends 5 April.
I've printed out all the data that I need for a hard copy record.

But in the HELP Manual I cannot seem to find instructions on how I would run any Year End Procedure, possibly clear out data files for the year just ended. (Or save/store the previous year data files) Or how to set up the GNUCash programme to start the New Year 6 April 2023 to 5 April 2024.

Can you help with advice?

Thanks

Chris
cjn-international at hotmail.com<mailto:cjn-international at hotmail.com>
London

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