[GNC] When closing books, equity statement report is incorrect

[Quinn Wood]

On Tue, Jan 2, 2024, 10:43 Michael or Penny Novack <
stepbystepfarm at comcast.net> wrote:

> Other than the suitability/unsuitability gnucash provided "tool" for
> closing the books this isn't really a gnucash question.
>

I've identified a solution for this issue that does not require a custom
report. Sweep revenues and expenses into a Retained Earnings account and do
not include it in the equity report. Take dividends / distributions out of
a subaccount called Dividends / Distributions declared and do include it in
the equity report. Put investments into an account (e.g. Common Stock) that
is included in the report as usual.

If people think this kind of thing is out of scope, feature creep,
outmoded, etc., ok. If you want to give people a way to get their work done
that doesn't involve changing the way GnuCash works, I'd get this workflow
on the wiki so people have the option in their toolkit.

>