> On Dec 25, 2018, at 9:08 AM, Michael or Penny Novack > <stepbystepf...@comcast.net> wrote: > > On 12/25/2018 4:45 AM, Colin Law wrote: >> You could be right though, perhaps the Close >> Books feature built into the s/w does what she wants. >> >> Colin >> > Because I don't use it, I don't know what gnucash's "close the books" > actually does BUT what I described (entering a giant split transaction that > zeroed out all the income and expense accounts into equity with the entry in > equity being the net gain or loss) is what the MANUAL process would be. Doing > it manually (with one or two* giant splits) would be a PITA. > > Michael D Novack > > * so split just one one side, two way splits are their own PITA
That’s pretty much what the GnuCash close books function does. IIRC it’s two transactions, one for income accounts and one for expense accounts. Regards, John Ralls _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
