I hope I'm not at odds with GC policy, but I wanted to thank you for your post which I found via a Google search trying to straighten out my home accounting after retiring and buying a house. I am not an accountant (but I played one in college - :->) While looking for certainty in my cash flow, I found your post with,
For example: Equity:Opening Balances -> Assets:House $100,000.00 Equity:Opening Balances -> Liabilities:Home loan $80,000.00 I love GC and realized what those "Adjustments" meant because of your post. You made it so easy for an undergraduate physics major to realize how Liability, Asset, and Equity interact. It's also a testament to how classical GC is! - Art _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org 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.
