On Sat, 2 Mar 2024 at 17:26, Geoff <cleanoutmys...@gmail.com> wrote: > Maybe I am missing something here
Absolutely. Say the height of a sporting team member was given as 2.2m high. Was the measurement correct? Who knows! You can use relative values to assess the credibility of a number. Given two other members measured 2.1m and 2.3m the measurement looks credible. Let's do profit and loss, and balance sheet reports for tax reporting in GnuCash. You'll want to run the reports the previous year, and you can compare them to two years previous to assess the credibility of the values. (If your tax reports are for calendar year then congratulations, and the next paragraph won't mean much to you.) GnuCash allows you to define Accounting Period but that doesn't allow a simple comparison between the previous fiscal year and two fiscal years previous. The hack for GnuCash V4 does allow that by defining the current year other than the calendar year (example is 1 Jul to 30 Jun) so the reports are similar to most financial software. _______________________________________________ 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.
