Right now I have set up my transition from quickbucks to Gnc such that all the bank accounts have an opening balance, which is drawn from "Equity:Opening Balances". However, I think that's ... wrong/misleading, in that this is most definitely not money I just handed over to create the business. It's been running 18 year, and it's just that the transition to this software is happening now. it makes the balance sheet look like I have a bunch more equity in there than perhaps I really do (although I'm a single-owner LLC, so I'm not really sure!)
Is there a better way to create those opening balances that makes better sense, or is this really the right way to do it? Thanks for any guidance/suggestions! Simon -- Simon Roberts (303) 249 3613 _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
