[GNC] another beginner question

[Simon Roberts]

Right now I have set up my transition from quickbucks to Gnc such that all
the bank accounts have an opening balance, which is drawn from
"Equity:Opening Balances". However, I think that's ... wrong/misleading, in
that this is most definitely not money I just handed over to create the
business. It's been running 18 year, and it's just that the transition to
this software is happening now. it makes the balance sheet look like I have
a bunch more equity in there than perhaps I really do (although I'm a
single-owner LLC, so I'm not really sure!)

Is there a better way to create those opening balances that makes better
sense, or is this really the right way to do it?

Thanks for any guidance/suggestions!
Simon

-- 
Simon Roberts
(303) 249 3613