HI, On Mon, November 27, 2017 3:51 pm, Christine wrote: > Hello > Thank you to Derek for getting me the formal accounts. I have set up my > cash > account but now I realise that I need an opening balance and it seems I > cannot address this at this late stage. I managed to complete it for the > bank. I have a cash equity account but I would like the cash to go to the > opening balance instead. Can anyone guide me pls?
An O-B for an account is just a regular transaction between the account and Equity:Opening Balances dated before anything else. You can just create that transaction by hand in the same way as you'd create your grocery transaction. > > Christine -derek > -----Original Message----- > From: Derek Atkins [mailto:warl...@mit.edu] > Sent: 27 November 2017 19:51 > To: Christine via gnucash-user > Cc: 'DaveC49'; Christine > Subject: Re: bank entries > > Christine, > > Christine via gnucash-user <gnucash-user@gnucash.org> writes: > >> Hi Dave >> My accounts are Cash, Bank, Income, various expenses, and 2 people who >> I pay money too and who pay to the bank. >> IF I balance one of the accounts another goes wrong. All I want to do >> is add my bank and my cash and let gnucash do the rest (ie an income >> and expenditure report) but it is not working. Reading the literature >> I just get confused as I am used to DR and CR. >> Thanks anyway maybe I should look for an easier program if anyone >> knows of one > > Let's take a simple example of a grocery expense; you go to Kroger and > spend > $25 from Cash. To enter this in GnuCash you would open your Cash account > register, put in the date, Kroger in the description, then > Expenses:Groceries in the transfer column, and $25 in the Credit (or > Spend, > or Withdrawal) column. > > Most likely your problem is that you are opening up the Cash account and > then putting the Cash account into the transfer account as well. > > I hope this helps? > >> Christine > >> Please remember to CC this list on all your replies. >> You can do this by using Reply-To-List or Reply-All. > > -derek > > -- > Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory > Member, MIT Student Information Processing Board (SIPB) > URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH > warl...@mit.edu PGP key available > > > --- > This email has been checked for viruses by Avast antivirus software. > https://www.avast.com/antivirus > > -- Derek Atkins 617-623-3745 de...@ihtfp.com www.ihtfp.com Computer and Internet Security Consultant _______________________________________________ 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.