[GNC] Why or why not to do year-end closing journal entries? (Close Books?)

Eric Chapman gnucashlist at etchapman.com
Mon Dec 4 20:29:24 EST 2023


Stan,

Could you please take a screenshot of the down arrow you are talking 
about and attach it? I can't seem to find it.

Thanks!

Eric

On 12/4/23 20:25, Stan Brown wrote:
> On 2023-12-04 17:07, Eric Chapman wrote:
>> OK, it looks as if it's just as good not to close the books, if, e.g., I
>> might want to run an income statement comparing 2022 and 2023.
>>
>> However, does that mean that every time I look at the "Accounts" tab I
>> will see ever-growing amounts that reflect transactions from "Day 1" of
>> starting to use GnuCash? And, correspondingly, I'll have to run a
>> current year income statement report to see what I was able to see at a
>> glance in Year 1? Seems less than ideal, but …



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