Thank you for the responses to date. I will work on the bank accounts first, then go back to the manual for direction before turning to investment accounts.
Here is an example of what I am encountering: One of the accounts that popped up after the conversion from Quicken is a credit card that I dropped in 1998; when I click on "Delete Account" I receive a response along the lines of "Do you want to combine this with credit card xxxx?" Apparently the double-entry accounting doesn't allow me to simply dispose of accounts that no longer exist. And as mentioned before, both our bank accounts are inflated by a factor of 10. Can I just go back to January 1, 2018 and enter a fresh Opening Balance that matches our printed statements? Or is there another way to reset balances without reinstalling and starting from scratch? I will be out of town a few days and will not be working on cleaning up GnuCash until next week, so no rush....but I could sure use some help in getting the program in sync with our actual financial statements. Thanks again, Richard Claeys -----Original Message----- From: gnucash-user [mailto:gnucash-user-bounces+rclaeys=accesscom....@gnucash.org] On Behalf Of Mike or Penny Novack Sent: Sunday, January 14, 2018 5:33 AM To: gnucash-user@gnucash.org Subject: Re: Correcting Opening Balances On 1/13/2018 5:17 PM, David Carlson wrote: > Did you check the transactions as you imported them to weed out > duplicates and correct errors? > > If not, I would suggest starting over to get at least reasonably close > to a good starting point. Also, this is a case where the solution to the problem more obvious if you understand what "opening balance" is doing, how you would be doing that if setting up your books manually (hand creating the opening TRANSACTIONs), and the proper/formal method of correcting "errors" and omissions << entering a correcting transaction instead of editing an existing one>> If you are going to import from another system, run a Balance Sheet (of that other system) as of the date you will be using for the import. That will show you what the opening values SHOULD be. Michael D Novack _______________________________________________ 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. _______________________________________________ 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.
