[GNC] Balance sheet totals showing zeros?
Stan Brown (using GC 4.14)
stan+gc at fastmail.fm
Sat Jun 29 14:35:01 EDT 2024
Ken, thanks for taking the time to give us that detailed report of the
resolution. I'm sure it will help people who have a similar problem in
the future and search the archives for a solution.
Stan Brown
Tehachapi, CA, USA
https://BrownMath.com
On 2024-06-29 09:22, Ken McEvoy wrote:
> Thanks to all for advice on this.
>
> Ultimately, it did turn out to be a currency issue. When I started using
> gnucash (way back in version 2), I never specified or worried about
> currency, because everything I did was in Canadian dollars, and all the
> reports worked as anticipated. Somewhere along the line, there must have
> been a change involving how currency was used to generate reports (or maybe
> I specified something as Canadian dollars that I should have left alone).
>
> In any case, once I ensured that all my accounts were set to Canadian
> dollars, and the currency of choice on the commodities tab of the report
> options was set to Canadian dollars, all the reports started to work again
> as I had hoped.
>
> However, for a while I was going into the options/commodities every time I
> ran a report to switch the currency to CAD. Under the
> Edit/Preferences/Accounts tab, I had default currency set to 'choose' and
> 'CAD (Canadian dollar')', but it took me a while to realize that I also had
> to do this under Edit/Preferences/Reports as well.
>
> Ken
>
>
>
> On Sat, Jun 29, 2024 at 12:07 PM William Prescott <will at theprescotts.com>
> wrote:
>
>> Thanks. I have been following this question out of curiosity. I have
>> multiple currencies in my accounts (USD, EUR, MXN) but I almost never use
>> the reporting functions, so I hadn't investigated the issues raised by the
>> original question.
>>
>>
>> Best wishes,
>> Will Prescott
>>
>> On 29 Jun 2024, at 8:04, Fred Bone <Fred at mandfb.me.uk> wrote:
>>
>> On 28 June 2024 at 16:34, Ken McEvoy said:
>>
>>> I am the treasurer of a small nonprofit, and I have no
>>> accounting background, and a I'm also a beginner with gnucash ...
>>>
>>> We have a very simple set of accounts; single currency, only a few income
>>> and expense categories.
>>>
>>> When I run a balance sheet report, the subtotals show accurate amounts,
>>> but the totals for Assets, Liabilities and Equity are all zero.
>>>
>>> Can you help me understand what I might have done, or why the major
>> totals
>>> are all zero?
>>
>> It looks as though your assets are in one currency (C$) and the book in
>> another ($) with no conversion rate provided.
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