You don't *need* to close a month or year, though you certainly can if
you want to.
In the old days of pen and paper, 'closing' was the process of migrating
balances from temporary accounts to Equity in preparation of reports.
With computers, that is not necessary. In GnuCash, you can just run the
desired reports for any time period or 'as of' date you wish and you
never have to close anything.
Regards,
Adrien
On 8/8/20 5:33 PM, Marilyn Graves Kimple via gnucash-user wrote:
I have not read ahead to see how you close a month in GnuCash, but I used to divvy up my
"profits" among these three accounts so my P/L report shows a zero.
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