[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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