Hi,
I'm just forwarding the response from "Michael or Penny Novack" to the
list; it was just sent to me directly.
Overall, I think it will be easiest for me to just use "Close Books"
annually. Per Derek's suggestion, if you have to correct the closed year,
"you can delete the closing transactions
On Wed, 21 Apr 2021 at 01:15, Derek Atkins wrote:
> That is not how GnuCash does it. GnuCash uses a real calendar and has no
> "special" dates in there.
>
> How it *did* it, initially, was to take the "default timestamp" of Dec 31
> and add one second to it. This was because all posted times ha
Hi,
On Tue, April 20, 2021 8:51 pm, Peter S. Shenkin wrote:
> Hi,
>
> I'm using Gnucash 4.3 on MacOS. This version has a "Close Books" option.
>
> I do understand that using this option, Income and Expenses can be made to
> transfer to an equity subaccount (like Equity:Starting balance).
>
> I als
Hi,
I'm using Gnucash 4.3 on MacOS. This version has a "Close Books" option.
I do understand that using this option, Income and Expenses can be made to
transfer to an equity subaccount (like Equity:Starting balance).
I also understand that there are alternatives to using this option, but in
this
