[GNC] solved: Order of accounts when closing the book

[Stan Brown (using GC 4.14)]

On 2025-06-21 18:07, Christopher Lam wrote:
> You'll need to be aware that the built-in Close Book tool will
> internally tag the closing transaction so that it's ignored during
> balance calculations; you wouldn't want your December income to be
> catastrophically bad because you have an end of year closing
> transaction. The regex closing entries facility is present in some
> reports but not always used, and is arguably obsolete thanks to tag
> mechanism.
> 
> A manually created or SX transaction won't be tagged.

Thanks, I didn't know about the tag mechanism. The only relevant reports
I've tried are Income Statement and Profit & Loss, and each of those has
an option on the Entries page to specify a phrase or regex for
transactions to be ignored.

Maybe I'm not understanding your point, but my income statement and
balance sheet aren't distorted in the way you describe. I don't always
run monthly reports, but just now I ran one for last December and the
income and expense amounts were as I expected.

Stan Brown
Tehachapi, CA, USA
https://BrownMath.com