If you don’t ‘close books’ there really aren’t any ‘brought forward’ numbers. (there’s nothing to bring forward from, the books are still ‘open')
If your books don’t agree with your CPA, you’ll have to make the adjusting entries he recommends. You won’t lose the >2017 transactions, but your reporting abilities might be more limited. Unlike other accounting applications, you don’t have to close the books with GnuCash, but your accounts can still balance and be correct. Someone who regularly performs the close book operation should be able to lend more assistance. Regards, Adrien > On Feb 20, 2019, at 11:31 PM, Terence Wong <winenv...@gmail.com> wrote: > > I have been using Gnucash for years, each time the accountant audits the > books, he commented Gnucash fails to show accurate brought forward > figures. My last audit was two years ago. Since then, I have been putting > in entries as time goes by. For this year, I want to try get all the > numbers correct in the book (i.e. the brought forward numbers from the last > audit). > > I have the audit reports with audit adjustments as well as figures of the > trial balance of all accounts provided the accountant. > My questions are: > > Should I do a GNUcash close book feature for 2016? > or > Should I just put in the numbers of the trial balance given by the > accountant at the beginning of 2017? > > If I chose Close book, will all the entries I have put in since 2017 will > be lost? > > What would be the best way to handle this situation? > > Any feedback of suggestions are much appreciated. > > > > Regards, > -- > Terence Wong _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org 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.
