On Tue, September 8, 2020 10:13 am, Chris Green wrote:
> On Tue, Sep 08, 2020 at 11:01:29PM +1000, Peter West wrote:
>> Hi Chris,
>>
>> Don’t create accounts under Equity. Create your savings and current
>> account under Assets. Then enter your opening balances as Stan Brown
>> describes.
>>
> But GnuCash actually has an 'Opening Balances' placeholder in Equity,
> isn't that where your opening balance credits to the bank accounts
> come from?
Yes, but not as sub-accounts.
I.e., don't create E:O-B:Bank1, E-O-B:Bank2, etc.
Just create a transaction from E:O-B -> Assets:Bank1 and E:O-B ->
Assets:Bank2.
> Chris Green
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
-derek
--
Derek Atkins 617-623-3745
[email protected] www.ihtfp.com
Computer and Internet Security Consultant
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