On 2/13/2025 5:45 PM, Stephen M. Butler wrote:
I ignore the option to set the opening balance for each account. Instead I create a single transaction that has a massive amount of splits (one split for each account that needs an opening balance). Highly unlikely that all the credits will equal all the debits so the final split is to the Equity:Opening Balance account to make everything "balance".
Uh --- If you do this from the Balance Sheet of CLOSED books then the sum of the debits WILL equal the sum of the credits.
If you are entering from other data (not the balance sheet of a closed set of books) then yes, you may have some equity "left over". You could make that account just Equity
Michael D Novack _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
