On 7/2/2019 4:20 PM, Rich Shepard wrote:
Looking in the Guide the only reference I see to 'balance sheet
report' is a
brief description. When I prepare the report the only date option I
see is
the ending date.
Is the start date that of the first entry in GnuCash? Can I produce a
balancve sheet account for only the year-to-date and exclude previous
years?
Or does that violate accounting practices?
Rich
The Balance Sheet is a "snapshot" of the books as of a specific date,
not an interval. There is neither a start date nor an end date; just an
"as of" date. It includes explicitly all of the standing account
balances (account types asset, liability, and equity). The accounts
types income and expense are not shown because they are actually
temporary accounts of fundamental type equity. Their NET will appear as
the unrealized gain or loss in the Balance Sheet.
Michael D Novack
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