Re: Cannot edit opening balance

My suggestion is to never use the opening balance in an accounting system.  Instead, I create a series of General Journal entries, each with about 5-6 transaction pairs, to cover all of the asset, liability and equity accounts.  Works well.  I have learned over the decades that the programmer

RE: Cannot edit opening balance

I tried the suggestion to no avail. So if I understand this correctly, there no remedy to recover from user error in the Reconcile function Hm Machine restricts user. Something out of whack with that IMHO. Humans are imperfect and will make mistakes. Shouldn't the software be

Re: Cannot edit opening balance

Thank you Mr. Ralls. I will give it a try Sincerely , Carmelo Pagán > On Dec 10, 2017, at 6:02 PM, John Ralls wrote: > > > >> On Dec 10, 2017, at 2:01 PM, Carmelo Pagán wrote: >> >> Hello All, >> >> >> >> I’ve been trying to reconcile my

Re: entries

Christine, Following what Michael said, with the register in question, or the main account tree open, open GnuCash preferences. (location depends on operating system; Mac, look under the GnuCash menu; Linux, try either the Tools or Edit menu; Windows, likely the Edit menu) Go to the Accounts

Re: Invoice & Bill Posting Date Issues Across Multiple Periods

Thanks Dave, I was already operating this way per the insurance issue. The only difference that I can’t figure out is how to handle pre-billing. (you’ve well described being billed AFTER making that 6 month pre-payment) I’ve already got the pre-paying and expensing part straight. My issue

Re: entries

On 12/10/2017 7:33 PM, Christine via gnucash-user wrote: Whenever I have a DR and a CR the summary shows that although it balances all the amounts are showing as negative. Does anyone know what I have done wrong here as I cant work it out. Christine My suspicion is that you are entering

Re: entries

Whenever I have a DR and a CR the summary shows that although it balances all the amounts are showing as negative. Does anyone know what I have done wrong here as I cant work it out. Christine --- This email has been checked for viruses by Avast antivirus software.

Re: What does "Update and Reconcile" update?

I always save the file just before importing so I can just close without saving after an import if I don't like the result. My experience has been that the U+R function in GnuCash adds something either to the Description or to the Notes line besides changing the date and possibly even the amount

Re: Cannot edit opening balance

> On Dec 10, 2017, at 2:01 PM, Carmelo Pagán wrote: > > Hello All, > > > > I’ve been trying to reconcile my Checking account, but I’m running into a > problem. The reconcile window displays a negative amount as the opening > balance. I didn’t enter an opening balance

Cannot edit opening balance

Hello All, I’ve been trying to reconcile my Checking account, but I’m running into a problem. The reconcile window displays a negative amount as the opening balance. I didn’t enter an opening balance when creating the account. After obtaining my bank’s statement and gathering the open

What does "Update and Reconcile" update?

When importing transactions, the "Generic import transaction matcher" dialog provides "A," "U+R," and "R" columns. These columns each contain check-marks but are mutually exclusive in their selection. It is not clear to me which fields of the transaction will be changed, and in which ways, when

Re: GL Accounts

Hi Caleb, all outstanding payments and receivables are collected in the A/R and A/P accounts. You distribute your income and expenses in the invoices and bills to the Income and Expense accounts. You should see the A/R and A/P accounts as transitory payment accounts for the business

Re: Invoice & Bill Posting Date Issues Across Multiple Periods

On 12/9/2017 7:38 PM, Adrien Monteleone wrote: Thanks Maf., But it seems the entire invoice posts together on the posting date, not by line-item date. I just double checked several of them that crossed period boundaries. I’m in the U.S., not sure what the specific rules are on invoice time