Chris The opening entry for existing liabilities looks like'
Liabilities: Cr xxxx Equity: Opening Balances Dr xxxx and there will be corres[ponding similar entries for existing assets Assets: Dr yyyy Equity: Opening Balances Cr yyyy Here you would use an appropriate sub account of assets or liabilities for the particular item. David Cousens On Sun, 2024-11-10 at 12:31 +0000, Chris Green wrote: > When opening a new set of accounts where does one put a liability > that > exists when the accounts are started? > > I guess they are a sub-account of Liabilities but I'm not quite clear > where they transfer from/to and whether they should be +ve or -ve. > _______________________________________________ gnucash-user mailing list [email protected] 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.
