Re: open source alternatives to Quicken

["Derek Atkins" <user=54@nabble.blu.org>]

 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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