There is a feature called Tools > Close Book which automates the year end process for those who wish to do that.
On Sun, Nov 16, 2025 at 12:48 PM Steve Butler <[email protected]> wrote: > There is no preference. > > Some folks just keep entering transactions in the new year and let the > software handle handle it. Most reports know how to handle the > retained earnings automatically. > > Some may add a column to the account register that will show the YTD > accumulated value. > > Some, like myself, use the automated Close Books function to enter in the > closing transaction to transfer Income and Expense amounts to Equity. > > Some may prefer to do that by hand ( which I presume is what you are > doing). > > It boils down to your preference. > > On Sun, Nov 16, 2025, 10:15 Mike Brasler <[email protected]> wrote: > > > Dear all. > > > > In the past I have created a cumulative income and expense account and > > manually journalled every account to zero to end the year, allowing a > > zero balance to start the new. > > > > The advantage in this is that "learned" behavior such as expense > > allocations are remembered after rollover. > > > > In my previous and much loved accounting system a one button click > > rolled over, but post closing journal entries were allowed. (NewAge > > Accounting for DOS) > > > > Is there a preferred year-end procedure in GC? > > > > Regards. > > Mike. > > _______________________________________________ > > 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. > > > _______________________________________________ > 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. > -- David Carlson _______________________________________________ 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.
