5. Enter a transaction to make all the starting balances in the new file match the ending balances from the old file, referring to the report you saved in step 1.
Yes, you could use a single, massive transaction split on both the debit and credit side. Or you could use two massive transactions, one spit on the debit side and one on the credit side.
But there is nothing wrong with taking the easy way and entering one transaction for each account in the balance sheet (each account of type asset or liability). The other side of each of these would be an account under equity (you could give it a name like ":equity at start of year). . When you have entered transactions for every non-zero asset of liability account, the balance of this account should match the equity on the Balance Sheet you were working form.
Michael D Novack _______________________________________________ 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.
