Hi, [I messed up the first time I sent this and it went to the moderator; if you see it again then that is why -- sorry] I've just started using GnuCash, and have spent the last few days migrating 4 years of accounts into it. I was just about to start hacking away on a new report (to extract data which is required for UK tax returns) when I noticed something strange on the balance sheet report. As I understand it, accounts of type `Equity' are for opening balances (and other mysterious things that I don't understand ;)). The thing is, at the time I started computerising my accounts I was several thousand pounds in debt. This means that the account Equity:Opening Balances is several thousand in credit. When I look at the balance sheet, the final total is offset by this amount, making it look like I have several thousand pounds more than I actually do. Assuming I am not wrong in how I've handled the opening balances, would it be worth having an option to not show equity accounts on the balance sheet? Or is my knowledge of accounting seriously fscked up? Gary [ [EMAIL PROTECTED] ][ PGP 85A8F78B ][ http://inauspicious.org/ ] _______________________________________________ gnucash-devel mailing list [EMAIL PROTECTED] http://www.gnumatic.com/cgi-bin/mailman/listinfo/gnucash-devel
