Jerry, Gnucash basically works the same way as Quicken for Opening balances AFAIK. If I remember correctly the New File dialogue from the menu allows you to enter the opening balances if you know them at that time (last used more than 10 years ago). The default account heirarchies from the New File dialogue will generally setup an Opening Balances under Equity. If you do not enter them at setup of the account heirarchy, you can enter them at any time as an initial transaction at the appropriate date, for assets, debiting the asset account and crediting the Opening Balances account and for Liability accounts crediting the liability account and debit Opening Balances account.
On Tue, 2025-12-30 at 12:14 -0600, Jerry Criswell (JC) wrote: > I never got a transaction report to print, maybe because there were > no > values in any account, but I believe I do not have any duplicate > accounts set up. > > Now my concern is I intend to enter account balances from Quicken at > the > end of the year. I am worried about when I plug in a balance, what > is > my off setting entry? Or am I worried about nothing? If I remember, > when I set up Quicken (a hundred years ago) all I did was plug in the > balances and then everything was double entry after that. > > JC > _______________________________________________ > 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. -- David Cousens _______________________________________________ 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.
