Hi Alan, Thank you I will look this up.
Regards Mike On Fri, Jan 7, 2022, at 10:21 AM, Alan A Holmes wrote: > Mike, > > If you look back in the archive a few days you will see a discussion title > "Closing Books - Pros & Cons", where this has recently been discussed. > > > Alan A Holmes > > -----Original Message----- > From: gnucash-user > <[email protected]> On Behalf Of > Mike Stillingfleet > Sent: 07 January 2022 09:40 > To: [email protected] > Subject: [GNC] Period Ends > > Dear All, > > Several years ago I attempted to close off at end of year and it didn't end > well. > > I am revisiting this topic and trying to work out if there is any benefit to > it. > > 1. My period runs 6/4/xxxx to 5/4/xxxx so on a calander basis therefore I > believe I should be choosing relative for period start and period end. > > 2. I currently have access to all my transactions which is very useful. If I > understand the process correctly to maintain access to these transactions I > need to create separate files for each year prior to doing the period close. > So for future searches I would need to work through several files. > > 3. If I have set the accounting periods and I have control over the date > ranges in other reports I am not clear as to what advantage I gain by > closing prior periods. When I used Quicken if I remember correctly closing a > period was part of the reconciliation process. However, transactions were > not zeroed as far as I remember and so that could still be viewed. > > Any advice / comment would be welcomed. > > -- > Mike Stillingfleet > [email protected] > _______________________________________________ > 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. -- Mike Stillingfleet [email protected] _______________________________________________ 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.
