[GNC] Modifying the Register

[Brook Milligan]

> On Dec 21, 2024, at 19:54, R Losey <rlosey at gmail.com> wrote:
> 
> [As people here have pointed out, the only small drawback is that you
> generally don't want to have income/expenses on 31 Dec - so that when
> reports are run, the end of December (or the end of the year) should be set
> to 30 Dec. If you use 31 Dec, it will include the equity transfer, and the
> numbers reported will be zero. But I can live with the workaround.]

This is actually not true, at least for recent releases.  (I’m not sure when this feature was added.)

For each of your closing entries, i.e., transfers to equity, use consistently a description like “Closing entry”.

When making the income report, there is an option to define a match to closing entries, which will disregard them and just add up all the others.

Cheers,
Brook