Correct,
There's nothing special about the 'opening balance', it is just a
regular transaction that you can enter when you set up the account/book.
You can always edit or add more transactions just like any other account
later.
Regards,
Adrien
On 12/2/22 10:42 AM, Maf. King wrote:
On Friday, 2 December 2022 13:46:38 GMT Dr. David Kirkby wrote:
with the intention of adding the £1 share there as an opening balance. But
it is not possible to edit the opening balance of that account.
I assume it's me, as the director, that owns that £1 share. I guess, since
it's only a very small amount, I can ignore it, but it would be nice to
know where it should go.
You can't alter the "opening balance" in GC per se, but you can put an opening
transaction in.
My ltd company's books show a transfer for the share capital (£10 in my case,
for 10 shares issued and *actually* paid)
debit Bank Account and Credit Equity:Shares I imagine you could have an
Assets:UnpaidShareCapital account to hold the nominal £1, if you have not
actually paid it to the company's account.
and just a very small technical point, You own the share as a shareholder, not
as a director. legally they are 2 very distinct "hats to wear"...
IANAA and so on.
_______________________________________________
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.
