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

Stan Brown (using GC 4.14) stan+gc at fastmail.fm
Tue Dec 5 10:57:10 EST 2023


Oops! Thanks for the heads-up, Geoff.

I mentally tune out those figures at the bottom because I never
understand what they mean, so I failed to cover them up when covered the
others. And it was only after I'd sent the screenshot that I realized I
could have cut off everything below the header line anyway.

I don't have Liz's contact info, but sent John a request.

Stan Brown
Tehachapi, CA, USA
https://BrownMath.com

On 2023-12-04 17:48, Stan Brown (using GC 4.14) wrote:
> 
> 
> Stan Brown
> Tehachapi, CA, USA
> https://BrownMath.com
> 
> On 2023-12-04 17:29, Eric Chapman wrote:
>> 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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