Thanks Gyle and Tommy,
I can see that both your solutions will work. I think I will go with
the double entry option suggested by Tommy. It is just a little more
transparent. Thanks loads for the help.
On 2/6/2022 10:36 AM, Tommy Trussell wrote:
Another option is to let the start of each account correspond to the
NEAREST statement BEFORE the beginning of the year. For example, you
might have one statement that ends December 31st, but another that
ends December 15th and yet another that ends December 12th.
Start each account at the beginning of the next relevant statement.
The first account is easy because you'll start January first, the next
has all transactions starting December 16th, and the final example has
all transactions starting on December 13th. The latter two accounts
will have transactions duplicated in the old and the new data files.
You're the only one who will be seeing any of these so save yourself
some mental energy! As long as you have the opening balances correct,
GnuCash will do the right things regarding reports.
(The same is true for your old data file, which you are presumably
archiving; to enable you to validate all the final statements and run
reports you can put a few transactions into the next year and be
certain the statements reconcile. It's a small amount of double work,
but depending on your circumstances might avoid potential errors.)
Just be sure you name your files clearly so you don't accidentally
keep entering data into your archived file. You might also consider
changing permissions on the old data file or moving it to a read-only
medium so you won't accidentally change old transactions.
On Fri, Feb 4, 2022 at 2:47 PM Gyle McCollam <[email protected]> wrote:
You will have to create your own ending balance for 2021. Review
the statement and find the balance on the statement at
12/31/2021or add/subtract the entries up to and including
12/31/2021 to arrive at the balance. That number will become your
starting balance for 2022 as well. You can use the ending balance
on the statement when you reconcile 2022.
________________________________
From: gnucash-user
<[email protected]> on behalf of
Seth Burgess <[email protected]>
Sent: Friday, February 4, 2022 3:26 PM
To: [email protected] <[email protected]>
Subject: [GNC] Starting a new file
I have been using GnuCash for about 10 years. I am currently using
Build ID: 4.6+(2021-06-26). I have decided to start fresh with a new
file and discontinue an old one with the same bank accounts
starting on
January 1, 2022. I have one bank account that does not end the
month on
December 31st and one that does. For the account that does not end the
month on December 31st, I have divided the statement that starts
December 21st and ends January 20th so that the transactions are split
between the old account file and the new one. The transactions are
correctly entered in each file, but the reconciliation of the
statement
does not balance using the statement ending balace, because some
of the
transactions are in the old file and some in the new file. This means
the reconciliations in each file cannot be finalized. This will
cause a
problem going forward, particularly with the new file. I don't
know how
to handle this.
thanks in advance for ideas.
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