I've been using GNUCash for over 10 years now. Looking at the Equity group today I realized that the Opening Balances account has a balance of over $200,000. So I am thinking that I am not using the Equity group correctly.
Isn't Equity supposed to be Assets - Liabilities? What got me started today was trying to figure out how to post an increase in the value of my house. To do that, I added an Equity:Unrealized Gain account posting an increase to the House asset and a decrease to the Unrealized Gain Equity account. Is this how it should be done? Any help/suggestions would be appreciated. Maybe a link to something to read that will get me going in the right direction. Thanks, Jack Lockard _______________________________________________ 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.
