On 5/31/2025 11:13 AM, sunfish62--- via gnucash-user wrote:
I guess the general ledger would only be useful for transactions that have a
transaction date (rather than the entry date) in recent memory.
Just to clarify ----- terminology.
In double entry bookkeeping, "general ledger" refers to the ENTIRE
"ledger" (all the accounts). Called "general" because in the old days
there were often subsets and subsidiary books. Back then transactions
were first entered in the "journal" and them posted to the "ledger".
With gnucash, we only enter "journal style" when the transaction affects
more than two accounts, but even then posting is automatic and the
journal itself virtual.
In other words, gnucash IS "general ledger" << how I would use the term >>
Michael D Novack
PS: What do you mean "only entry date"? Do you mean transactions without
a financial date? << Bookkeeping is not "real time". When a transaction
is entered is data, but not bookkeeping/financial data. In the same
sense that the facts you are keeping books using the application gnucash
running on an XYZ computer under operating system qrs are all data but
have no bookkeeping significance >>
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