On 9/28/2021 1:16 PM, Rogier F. van Vlissingen wrote:
Thanks to everyone for helping out.What worked for me in the end was 1. to set up the COA first, without attempting any opening balances, and then 2. to create a single transaction to set up the opening balances on 1/1/2020. As it was, I had an ending trial balance on 12/31/2020, but there were a few mistakes floating around, so in my setup, I made those corrections, and settled it against retained earnings, by making that the final line item in my opening transaction. - One thing I was not able to figure out. If I do set up this way, and I made a mistake in my initial g/l transaction is there a way to edit that transaction, or am I doomed to simply start over and do it the right way? - And since I made a false starts, I now have a couple of sets of books that I want to get rid of, but I wasn't sure how to do it, other than just deleting the file in the file system.
a) Correcting the books --- this depends on how formal you are. Gnucash will allow you to edit exiting transactions. That is the informal way, maybe OK for personal books unlikely to be audited. The technically correct way in formal bookkeeping is to enter a correction transaction offsetting the error, with description referring to the original being corrected. That's what I do, but then most of my books are organizational, not my personal books. A treasurer of an organization should do it the right way.
b) Deleting books --- yes, simply delete the file. Just like to make a backup you make a copy of the file.
Michael D Novack _______________________________________________ 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.
