Stan, Stan Brown <the_stan_br...@fastmail.fm> writes:
> On 2018-02-22 14:15, Derek Atkins wrote: >> You must be reading old manuals. > > I read what's on line, and what installed with 2.6.19. > >> Closing the books just zeros out the Income and Expense accounts, rolling >> them up into Equity. The reports can do this on their own, so really the >> only benefit is that your Income and Expense accounts will return to $0 >> instead of showing you a grand total for the life of your use of the >> program. > > OK, thanks. I think this is one of those adjustments of thinking I need > to make to do things the GnuCash way. Sounds like accounting period > should be calendar year, because I really do want to reset income and > expenses to 0 then, and I can do monthly reports in the interim. I should also add that the Accounting Period setting in the preferences really just provides a way to feed into the reports. It does not automate the closing of the books. Also, it sounds like, from your work flow, that you can still do a monthly reconcilation which is orthogonal to closing books. -derek -- Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory Member, MIT Student Information Processing Board (SIPB) URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH warl...@mit.edu PGP key available _______________________________________________ gnucash-user mailing list email@example.com To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.