Jenny As well as the wiki that David T mentioned the help manual also has a section on closing the books:
https://www.gnucash.org/docs/v3/C/gnucash-help/tool-close-book.html and the wiki: https://wiki.gnucash.org/wiki/Closing_Books . Gnucash's report structure is also capable of preparing standard end of year type reports without having to perform a formal closing of the books as per standard accounting practice. The main function in a business is to transfer the profit into equity in the case of a business and deal with tax and other matters which might depend upon the profit for the period. For personal accounts this may not really be necessary. David Cousens ----- David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org 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.