[GNC] Order of accounts when closing the book
Michael or Penny Novack
stepbystepfarm at comcast.net
Tue Jun 10 11:41:17 EDT 2025
On 6/10/2025 12:36 AM, Stan Brown (using GC 4.14) wrote:
> The Close the Book tool generates two transactions, one for all income
> accounts and the other for all expense accounts. The accounts are not in
> alphabetical order in either transaction, nor are they in Account Code
> order, nor arranged by the values of the splits.
>
> They _seem_ random, but I can't imagine they really are. Can anyone tell
> me (a) how they're actually sorted, and (b) how I can get them in
> Account Code order?
If you are really doing a "close the books" << close the "temporary*
accounts of types income and expense" into equity it could be done three
ways:
a) In a single transaction.
b) In two transactions, one for the income accounts and one for the
expense accounts.
c) Separate transactions for each income and expense account.
These are logical equivalents. So you appear to be asking, "were I using
method "c" am I forced to do them in some specified work flow order?"
You are of course asking about "b" but what meaning are you attaching to
order?
Michael D Novack
* Both Income and Expense are "deferred entry into equity". In other
words, their fundamental type IS equity << it is where the are on the
Balance Sheet, well their NET appears there >>
--
There is no possibility of social justice on a dead planet except the equality of the grave.
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