Hmmmm, would you not also need to re-enter any unreconciled transactions in your credit and debit accounts?
On Sat, Jan 13, 2024 at 7:24 AM Adrien Monteleone < adrien.montele...@lusfiber.net> wrote: > You could add A2b: > > Export your Chart of Accounts and write down the ending balances as > needed. Start a new file, import your exported chart of accounts and set > opening balances to the old ending balances. > > This method is more like Pen & Paper days in that each file only > contains one period (year in this case) of data. > > ----- > As for A2(a), there's not really a solid way to 'mark' a file as > read-only if you have access to the file. (anyone determined enough can > edit it) Some folks write it to a CD-ROM, but that's about as good as > you could expect. > > In addition, some folks also archive PDF copies of their year-end > reports with the file. While the file could always be changed after the > fact, the reports reflect the state of the accounts as of when they were > generated. (which of course are no more immutable than the file, but at > least offer a reference point) > > Regards, > Adrien > > On 1/13/24 12:16 AM, R Losey wrote: > > I suspect that this topic comes up about every New Year - perhaps it is > > worth putting in a FAQ (if it's not in one), and perhaps posting the FAQ > > monthly to this list. In the relatively short time I've been on this > list, > > I definitely see some repeated questions, including this end-of-year > > question that I created, and therefore may have errors in it. > > > > ------- > > Question: "How do I start a new year in GnuCash?" Alternatively, "How do > I > > close out the old year in GnuCash?" > > > > Answers as far as I can remember them: > > General Answer: You need to determine precisely what you are trying to > > accomplish in GnuCash. You may not need to do anything (see A1). If you > > want to keep a backup-copy of the previous year, see A2. If you want to > > close the books in the accounting sense (reset the balances of the income > > and expense accounts), see A3. > > > > A1: There is no necessity to take any action at the start of a New Year. > > GnuCash can keep several years of data in its compressed XML file without > > it growing too large. > > > > A2: The best thing to do here is to be sure that there is no additional > > transactions for end-of-year, run whatever end-of-year reports you need, > > then shut down GnuCash and copy your main data file to some safe place. > If > > that area supports it, consider marking the file as read-only. You should > > probably note the year in the name: "SmithFamilyFY2022.gnucash" or > > something like that. There is no need to delete old data (see A1). > > > > A3: See the GnuCash Manual, section 8.9 for a discussion about how to do > > this task, along with the caveats. > > > > _______________________________________________ > 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. > _______________________________________________ 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.
