Hey all. Does anyone know what's the difference between an Equity account with vs. without having "Opening balance" checked off? From what I can tell, they do the same thing.
I have a new business with its own Gnu Cash file, and I'm trying to record my transfers from my personal accounts as equity rather than income. It seems right to use an "Opening balance" account to record my initial investments I made in the company, but should I treat all future transfers from personal the same way? If so, what would a Equity account that isn't an Opening balance account be used for? Thank you, Troy _______________________________________________ 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.