Have used GNUCash for some time and wish to donate via Bank Transfer .I
used Transferwise for all my international payments, excellent
exchange rates. But as well as bank details I have to input receivers name
and address. So I require the address of Geert Janssens.
From Transferwise app
"For
Adrien,
A Retained earnings account will be created under Equity and at the start of
a new book/file it is appropriate that its value is zero until transactions
from the Asset and Liability accounts to the Income and Expense accounts
have been made.
The information about Assets and Liabilities
David,
I agree that substitution and transposition doesn’t change the equation as long
as all such moves are ‘legal’ for math, and in this case they are.
And I understand what you mean by Opening Balances reflecting the proper amount
of Equity.
But I just did a new test book, entering various
Hi Michael
An equation is not changed if terms are transposed from one side to another
with a change of sign. It is still equally valid. I rearranged the extended
fundamental accounting equation including the temporary accounts from
Assets =Liabilities +Equity +( Income - Expenses)
to
On 1/15/2020 10:54 PM, David Cousens wrote:
...but if just the
balances of the Asset and Liability accounts are transferred to the new
book, then the Opening Balance entries in Equity automatically include the
Retained Earnings to that point implicitly since at the point of closure of
the
During the QIF import process GnuCash will try to assign an account to
each transaction and it will give you a chance to accept the assignment or
change it before you complete the import. There is no shortcut to change
more than one account assignment at a time.
In subsequent imports it will
