[GNC] Window/Mac Summary Box difference

Thu Jul 13 18:25:37 EDT 2023

So I deleted those two transactions and Profits stayed at zero. Ended up 
quitting with saving.  On startup again the Profit was back and correct.

Stephen M Butler
Stephen.M.Butler51 at gmail.com
kg7je at arrl.net
253-350-0166
-------------------------------------------
GnuPG Fingerprint:  8A25 9726 D439 758D D846 E5D4 282A 5477 0385 81D8

On 7/13/23 15:19, Stephen M. Butler wrote:
> Based on some experimentation, I suspect:
>
> 1.  Grand Total should always be zero (blank).  If ever non-zero it 
> means you have an out-of-balance transaction (maybe more than one) 
> somewhere.
>
> 2.  Net Assets appears to be Assets - Liabilities + Income - 
> Expenses.  So, Total Equity including retained earnings/losses.
>
> 3.  Profits appear to be Income - Expenses for the current year.
>
> Yes, I do Close the Books each year.  So, I deleted the 2022 entries 
> to see if that affected Profits.  It did not.  But it sure changed the 
> retained earning on the Balance sheet!
>
> This does not explain why the figures are different on other boxes. I 
> have a hard time thinking that the system date on those boxes isn't 
> 2023!!
>
> That last statement caused me to try setting the Accounting Period 
> Preference to an absolute date of 1/1/2019 - 12/31/2019.  My Profit 
> went to zero.  The Net Assets is not the same as the Balance Sheet 
> shows for 2019.  It was low by $3,544.00.
>
> I changed the Accounting Period Preference to an absolute date of 
> 1/1/2023 - 12/31/2023 and saw the same (correct) figures as when set 
> for a relative period for start/end of current year.
>
> Finally, I closed the books for 2023 (no worries, only 2 transactions 
> to delete to reverse that) and saw Profits going to zero.  It left Net 
> Assets alone.
>
> --Steve
>
>
> Stephen M Butler
> Stephen.M.Butler51 at gmail.com
> kg7je at arrl.net
> 253-350-0166
> -------------------------------------------
> GnuPG Fingerprint:  8A25 9726 D439 758D D846 E5D4 282A 5477 0385 81D8
>
> On 7/13/23 13:43, David H wrote:
>> My Grand Total always just shows as "$, Grand Total:" - hasn't had an
>> amount in it forever so I just ignore these figures anyway as they're 
>> quite
>> meaningless to me :-)  There's a dropdown arrow on the right hand 
>> side that
>> you can use to expand the items on that line - shows entries for each
>> currency etc.  Click on the summary line once, sometimes twice 
>> (flaky), and
>> it will also expand the summary row in situ.  On mac os you can also 
>> double
>> click the summary line and it opens part way up the screen - it's a bit
>> flaky the way it does it tho - click somewhere else to close it again.
>>
>> Cheers David H.
>>
>> On Fri, 14 Jul 2023 at 01:10, David Carlson 
>> <david.carlson.417 at gmail.com>
>> wrote:
>>
>>> Neil,
>>>
>>> If you scroll down in the summary box you will see additional rows
>>> identified by the currencies and securities in that file, if any exist.
>>> Perhaps that would lead to an account and one or more transactions that
>>> contain an incomplete closing transaction where some asset or 
>>> liability was
>>> exchanged without accounting for the loss or gain.  I too have no 
>>> idea how
>>> those numbers are calculated, so I cannot be more specific.
>>>
>>> On Thu, Jul 13, 2023 at 9:35 AM Adrien Monteleone <
>>> adrien.monteleone at lusfiber.net> wrote:
>>>
>>>> I'm not sure exactly how those numbers are calculated and I've never
>>>> relied on them.
>>>>
>>>> Perhaps a Balance Sheet would work better. You'd only need to know the
>>>> headline numbers:
>>>>
>>>> Total Assets
>>>> Total Liabilities
>>>> Total Equity
>>>>
>>>> (perhaps, Retained Earnings/Losses, if you like, though that is 
>>>> part of
>>>> the Equity section)
>>>>
>>>> Regards,
>>>> Adrien
>>>>
>>>> On 7/13/23 6:33 AM, Neil Campbell wrote:
>>>>> I help a friend with their monthly accounting. She has GNUCash
>>> installed
>>>> on a PC. I have GNUCash installed on a Mac mini M1 computer. She 
>>>> does the
>>>> input. I do the month end transactions and check her input. So we send
>>>> GNUCash data files backwards and forwards. The way I identify the 
>>>> file I
>>>> have sent her is to give her the Summary Box values. She must agree 
>>>> this
>>>> before starting her new month’s input.
>>>>> This worked well until, for no apparent reason, these figures don’t
>>>> match any more.
>>>>> My Mac mini M1 shows:
>>>>> Net Assets £9,115.89    Profits £3,075.18
>>>>> Using the same file that I emailed her, her PC Shows:
>>>>> Net Assets £9,115.89    Profits £0.00
>>>>>
>>>>> So I realised that there must be a Preference not set by her.
>>>>>
>>>>> I downloaded and installed GNUCash on my wife’s PC to see how I could
>>>> correct the error. I changed the Setting Accounting period dates to 
>>>> the
>>>> correct ones. So, on my wife’s PC I have:
>>>>> Net Assets £9,115.89    Profits £8,803.24
>>>>> It’s still not right and the Profit figure is now in red.
>>>>>
>>>>> I now have 3 different Profit Figures, but I cannot find any place on
>>>> the Windows version to check why there are these differences, 
>>>> because I
>>>> don’t know where this Profit figure comes from. The correct figures 
>>>> are
>>> the
>>>> ones on my Mac mini M1 above.
>>>>> I must be missing something. Any help would be greatly appreciated.
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>>>
>>> -- 
>>> David Carlson
>>> _______________________________________________
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