Re: Year end issues

On Tue, 16 Jan 2018 07:08:23 +0100 Jeff Abrahamson wrote: > In France, even for small clubs like ours, we face a regulatory > requirement that the books be immutable after end of year.  This makes > sense in that if the tax authorities (even though we don't have to > file taxes) ask

Re: Year end issues

In France, even for small clubs like ours, we face a regulatory requirement that the books be immutable after end of year.  This makes sense in that if the tax authorities (even though we don't have to file taxes) ask us a question and then find out that our books for some past year have changed,

Re: Year end issues

This is what I do, but I'm only dealing with household and personal accounts and smallish investment portfolios. Because the statement closing dates for the investment and personal bank and credit accounts don't correspond exactly with the beginning date of the new book, there's always some

Re: Year end issues

Let's discuss this (and possible options) First, you need to understand what "close the books" does do and what is does not do. It creates a transaction (or transactions) to zero out income and expense accounts to equity. It does NOT remove transactions and so will not make your file smaller.

Re: Year end issues

t; given period (a month, a year, a calendar year, a fiscal year, a 6-30 to >> 6-30 time period, etc.) >> >> Hope that helps and did not confuse the subject. >> >> >> -Original Message- >> From: gnucash-user [mailto:gnucash-user-bounces+pyz01=cox@gnucash.

Re: Year end issues

On Monday, 15 January 2018 15:03:33 GMT Jack Whyte wrote: > I am concerned the file, currently at around 1.3MB, will > become unwieldy and unmanageable. > > Thanks & regards > Jack Hi Jack, My business data file is around the 25 MB mark at the moment, my personal file is more like 5.6MB, so

RE: Year end issues

, January 15, 2018 8:27 AM To: Ken Pyzik <py...@cox.net> Cc: David T. <sunfis...@yahoo.com>; Gnucash Users <gnucash-user@gnucash.org> Subject: Re: Year end issues Thanks Ken I wrote a reply before reading yours! The file is very large and unwieldy already - are there any

Re: Year end issues

ser [mailto:gnucash-user-bounces+pyz01=cox@gnucash.org] > On Behalf Of David T. via gnucash-user > Sent: Monday, January 15, 2018 7:39 AM > To: Jack Whyte <jvwh...@gmail.com> > Cc: gnucash-user@gnucash.org > Subject: Re: Year end issues > > No, there isn’t. The Close

Re: Year end issues

Thanks David Yes but as it’s a double entry system, the net effect of deleting a year’s worth of transactions in an account where close book has been applied should be nil so the Checking account should not be effected? Am I missing something? It could be a bit laborious deleting all these

RE: Year end issues

iod, etc.) Hope that helps and did not confuse the subject. -Original Message- From: gnucash-user [mailto:gnucash-user-bounces+pyz01=cox@gnucash.org] On Behalf Of David T. via gnucash-user Sent: Monday, January 15, 2018 7:39 AM To: Jack Whyte <jvwh...@gmail.com> Cc: gnucash-user

Re: Year end issues

No, there isn’t. The Close book feature simply creates a transaction that zeroes out your income and expense accounts as of a given date. In a double entry accounting system, if you delete the expense side of the transaction, what do you suggest doing for the Checking account side? If you are

Re: Year end issues

I was about to ask the same question! Thanks. On Mon, Jan 15, 2018 at 9:03 AM, Jack Whyte wrote: > Hi there > > I have used GNU Cash for a number of years to monitor my personal > finances. I have just run the Tools > Close book function to clear down > all my expense &