OH, thanks Yeah, I already proceeded, I filled in the opening balances where I could, and am now starting to create the other accounts which did not exist in the standard chart of accounts, but trying to go and edit "retained earnings" I do not see how I can add the opening balance.
it's not too many accounts in all, probably 25 total. So, if I create that opening balance as a transaction e.g. for retained earnings, where does the balancing transaction go? I guess I am not God's greatest gift to the bookkeeping profession ;-) <http://rogierfentenervanvlissingen.me?promo=email_sig&utm_source=product&utm_medium=email_sig&utm_campaign=gmail_api&utm_content=thumb> Rogier Fentener van Vlissingen <http://rogierfentenervanvlissingen.me> <http://rogierfentenervanvlissingen.me?promo=email_sig&utm_source=product&utm_medium=email_sig&utm_campaign=gmail_api&utm_content=thumb> On Wed, Sep 22, 2021 at 4:00 PM Stephen M. Butler < stephen.m.butle...@gmail.com> wrote: > Roger, > > I found it easier to leave all the opening balances at zero while > setting up the chart of accounts (COA). Then I create one massive > opening transaction dated (in your case) 12/31/2019. > > That way, if I find I forgot one account, I can add it later then go > back and adjust the opening transaction to include an entry for that new > account (I know the purist will have nightmares and would prefer you add > a new transaction). > > --Steve > > On 9/22/21 12:43 PM, Rogier F. van Vlissingen wrote: > > I am struggling to move an existing business into gnucash. > > > > Have a closing trial balance @ year end 2019 > > > > In the setup screen I don't necessarily have all the accounts, so I > imagine > > I can set them up later, but some accounts that area available do not let > > me put in an opening balance. > > > > E.g. "retained earnings" has a balance, but in the set up screen there > is a > > greyed out "zero" and I cannot set up the opening balance. Can I edit > that > > later? > > > > I tried this before, but was never able to figure it out. > > > > > -- > > Stephen M Butler, PMP, PSM > stephen.m.butle...@gmail.com > kg...@arrl.net > 253-350-0166 > ------------------------------------------- > GnuPG Fingerprint: 8A25 9726 D439 758D D846 E5D4 282A 5477 0385 81D8 > > _______________________________________________ > 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. > _______________________________________________ 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.
