[GNC] Setting start/end dates on "General Journal" and "Balance Sheet (eguile-gnc)
Wm Tarr
wm at ilipsis.net
Sun Jul 26 03:37:13 EDT 2026
On 2026-07-25 16:09, Paul Kroitor wrote:
> "In accounting the delta is called a Profit and Loss report or Income
> Statement."
>
> Well, yes and no. While this intimate relationship between Balance
> Sheets and Income Statements is Accounting 101 -- I usually use the
> "fence and fence posts" analogy to explain them to neophytes -- I
> believe the delta Stuart is discussing here is the net change of each
> account between the Balance Sheet of date A and of date B.
>
Won't a transaction report run on just the balance sheet accounts do
that with the option of displaying / not displaying transaction detail
as required?
> Obviously the totals of the two things will match, as the overall
> income less expense always equals the net change in equity on the
> balance sheet. But the Income Statement lists the incomes and expenses
> per account (eg. widgets sold, components purchased), whereas delta
> column shows the difference in the assets and liabilities (eg. bank
> accounts, inventory) between the first and second balance sheet columns.
>
I think most people have been trying to nudge Stuart to producing a
better set of accounts rather than reproducing what they used to do on a
spreadsheet. I had a look at the Oz requirements yesterday and they
expect what we would understand as standard accounts.
Wm
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