On 1/20/21 8:24 AM, Chris Green wrote:
On Wed, Jan 20, 2021 at 09:04:52AM -0500, Derek Atkins wrote:
NB: there is no need to start over every year; GnuCash hapily accounts for
multiple years of data and reports know how to handle that.
That might make sense for me, I'm not quite sure. It's not a very
busy system so I can go for a month and see if I can then generate
what the auditor requires for 2020. If it all goes wrong I can undo a
month (I have daily incremental backups).
This was my first thought when I read your original post. Unlike other
accounting packages, GnuCash does not require that you start each
year/period with a fresh book, or that you 'close' books. But of course,
you can if you want to.
Using separate books removes the ability to run reports across book
boundaries or for multiple books without employing a spreadsheet and
lots of work. GnuCash can run reports for any date range you need, even
across period/yearly boundaries.
If you find you need to 'undo a month', I suggest making a backup as of
your end of year to return to if needed. Then if you have to pull that
trigger, you can export transactions for the date range after that end
of year, and import them into a fresh book.
Regards,
Adrien
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