Maf, I have already created an account summary of the previous file, so have the balances forward to enter in the new one and don’t mind using the Equity:Opening Balances account, but I also have separate asset subaccounts under that for cash, bank account (current), etc.
I will then manually enter the balances in these accounts in my new file. Is that right? Thanks for your help! Anita > On 25 May 2017, at 3:03 PM, Maf. King <m...@chilwell.net> wrote: > > Hi Anita, > > sorry if I missed your point. > > It is quite a few years since I started a new year with an empty file, but > IIRC, the only way to carry account balances forward is to manually create > the > transactions to Equity:Opening Balances in the new, blank file. > > So all your asset & liability accounts (well, the ones carrying forward any > balance)would have an transaction to Equity:Opening Balances at the start of > the year - but you have to create them yourself. Normally, the income and > expense accounts wouldn't carry a balance. > > suggest an account summary report from the close of the last year's books > would help here! > > Thinking about it, instead of Equity:OpeningBalances you could use an account > called something like Equity:BalancesForward if it makes it clearer! > > HTH, > Maf. > > > > On Thursday, 25 May 2017 12:35:26 BST Anita Graves wrote: >> Yes, Maf. If you read my latest message, I think I got that. But, as I >> explained, I didn’t know how to carry forward balances in the asset >> accounts when I opened the new file. I just exported the account tree and >> that was all…. >> >> Anita >> >>> On 25 May 2017, at 2:32 PM, Maf. King <m...@chilwell.net> wrote: >>> >>> Hi Anita. >>> >>> why would you expect a change in the opening balance account? >>> >>> At the start of the year, you have some money (say €100), which shows up >>> in an asset account as you say, transferred from Equity:OpeningBalances. >>> >>> You spend most of the money - so asset drops to €14, and expenses:whatever >>> is up to €86 >>> >>> Your donor is happy to "unrestrict" the little bit of leftover, so asset >>> goes to zero and Bank or Cash goes up by €14 >>> >>> Your opening balance was, is, and will always be €100. It is a fixed point >>> in time - on April 1st (or whenever the year started) - not a running >>> balance. >>> >>> HTH, >>> Maf. >>> >>> On Thursday, 25 May 2017 12:11:07 BST Anita Graves wrote: >>>> Now, the money has been spent, except for about Euro 14 which I have >>>> returned to the cash account. The asset account for the balance forward >>>> was decreased to zero, and the expense accounts reflect the accurate >>>> transactions. >>>> >>>> Problem: There was no corresponding reduction in the Equity:Opening >>>> Balances account. Why? Why not? How can I fix that?? I don’t know how >>>> to carry forward balances from one file to the next (i.e., from one year >>>> to >>>> the next. I opened a new file for a new year by exporting the account >>>> tree >>>> and started with 0 balances in every account. > > > -- > Maf. King > PGP Key fingerprint = 8D68 A91F 733B 2C1F 43B7 2B7C E591 E8E1 0DE7 C542 > > > _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.