Il 10/03/19 01:19, Adrien Monteleone ha scritto:
Retained Earnings is posted when you perform a close book operation.
(or manually zero your income/expense accounts to Equity)
If you didn’t do this for 2015, there would be no entry.
If you performed the 2016 close book operation in Jan 2017, you’ll
have a retained earnings entry in that month for the net
income-expenses for 2016. If you were a non-individual entity, that
amount would be the entity’s taxable income for the year, hence the
tax flag. You probably want to fix that date to 12/31/16.
Hi, Adrien.
Thanks for the answer, however I think you got it backwards because I
didn't explain it properly: what I find interesting is that the report
shows a retained earnings value in the first place, whereas the entry
itself was made by me and it's a tax(*) recorded on the same day as the
bank statement (hence, correctly, in 2017).
So, I have the following entries:
14/01/2015: 53.80
20/01/2016: 53.80
13/01/2017: 54.10
18/01/2018: 54.00
54.10 showed up in the balance sheet for 2016, 53.80 did not show up for
2015.
Does this additional information still fit your explanation?
Thanks again,
Andrea.
(*) yeah, in Italy you pay a small percentage of your bank account
balance for the privilege of having a bank account. Funny place, I know.
_______________________________________________
gnucash-user mailing list
[email protected]
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.
