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Quoting Tom Metro <[hidden email]>:
> One of the things that gave me pause when setting up GnuCash was
> setting an opening balance on accounts. They have a new account
> wizard (or Druid, as they call them) that easily lets you do this,
> but if you skip that option and then want to set the balance after
> the account has been created, there didn't seem to be any obvious way
> to do it. (Aside from just adding a misc. journal entry.)
Actually, that's exactly what the druid does. If you set an opening
balance for an account all it does is create a transaction between the
new account and "Equity:Opening Balances". If you decide to delay
that process then yes, all you need to do is manually enter that
same transaction that the druid would have done for you.
> Thanks for the added feedback on GnuCash.
-derek
--
Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
Member, MIT Student Information Processing Board (SIPB)
URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH
[hidden email] PGP key available
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