On October 21, 2019, at 10:40 PM, Adrien Monteleone <[email protected]> wrote:
>Certainly, to each their own. I enjoy reading of other’s process and workflows >and why they make certain decisions. Thanks for offering yours. >My own experiences are in-line: >> On Oct 21, 2019 w43d294, at 2:15 AM, James Thorpe >> <[email protected]> wrote: >> >> c) Complexities with reports that don't look at date ranges (eg. Trial >> Balance) >> >> Certain reports just look at the final balance in the account - eg. the >> Trial Balance report. This means that if I draw a TB the expenses, income >> etc will report the total for the entire period for which I've been using >> GnuCash. What my accountant wants in my Trail Balance report is my total >> expenses for the year, not forever. I gather that the "Close books" function >> may be able to resolve these issues but have not looked into this further. >I don’t close books, but I also don’t use that report. So I can’t speak from >experience, but even with closing the books, I think the report will still >look at all transactions. The Close Books procedure simply makes two >multi-split transactions, which zero all expenses and income accounts to >Equity:Retained Earnings. Your assets (including AR), liabilities (including >AP), and other Equity accounts are unaffected. >The historical transactions are still there with amounts. The report will just >get to the closing transactions and subtract them all out again. >Perhaps this would be a good RFE for that report to allow specifying a date >range. Um, the dictionary definition of a "trial balance" is "a statement of all debits and credits in a double-entry account book, with any disagreement indicating an error." It is, by definition, a report "as of" a given time that includes all transactions up to that date. For the OP, I'll note that you aren't achieving any different results by starting a new file; you're just converting all your earlier transactions into a single "Opening balance" entry. I am pretty sure that you would in fact be looking for the "Income Statement," which allows the user to define a set time period. This is also known as a "Profit and Loss" report. David _______________________________________________ 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.
