On Wed, Jun 11, 2025 at 2:24 AM Stan Brown (using GC 4.14) < [email protected]> wrote:
> On 2025-06-10 21:04, R Losey wrote: > > By the way, how do you deal with whole year reports? If you close the > > books on 31 Dec of a year, and do a 01 Jan - 31 Dec year, the Income and > > Expenses will be zero. I do my reports from 01 Jan - 30 Dec, which means > > that any transactions that occur on 31 Dec I change the date to 30 Dec. > > I got that idea from this group, but perhaps you have a better way. > > In "Tools » Close Book", the dialog box asks me for a description, and > the tool puts my text in the Description field of the closing entries. > > After "Reports » Income and Expense » Income Statement", a report option > on the Entries tab is "Closing Entries pattern". I enter the same thing > I entered when running "Tools » Close Book", and GC then ignores those > closing entries, so the report shows the actual total of each income or > expense account, rather than all zeroes. "Report » Income & Expense » > Profit & Loss" has the same option. (Why do we have an Income Statement > report and a Profit & Loss report, I wonder? Is it just to let people > choose the report title they're used to, without having to change the > title in Options? I didn't see any other difference between the two, but > I took only a quick glance and I could well have missed something.) > > There's one wrinkle: Use Num to make sure the closing entry is last. For > instance, my bank credits interest on the last day of each month, > including December. I give that transaction (debit Savings Account, > credit Interest Income) a lower Num than the closing transaction. > If any "real" transaction, such as crediting interest earned, has a > higher Num than the closing transaction, the account register will show > a negative balance after the closing transaction and then return a zero > balance after the "real" transaction. That's not actually wrong -- it > doesn't interfere with the reports -- but I find it aesthetically > displeasing. :-) > Noted; thanks. I often don't have "Num" for many items. -- _________________________________ Richard Losey [email protected] Micah 6:8 _______________________________________________ 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.
