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| How to set up asset account and just enter ending balance https://www.splasmstrands.com.splasm.com/viewtopic.php?f=3&t=7017 |
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| Author: | knightrider [ Sat Feb 03, 2024 7:59 am ] |
| Post subject: | How to set up asset account and just enter ending balance |
How can I set up an asset account in which I just enter the ending balance each month instead of figuring out the debit/deposit amount? |
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| Author: | Allan W. [ Mon Feb 05, 2024 11:57 am ] |
| Post subject: | Re: How to set up asset account and just enter ending balanc |
The easiest thing may be to simply setup a new Account and adjust its Starting Balance, periodically. Get started by going up to click the Account menu at the top of the screen and select the New Account menu option. To change the Starting Balance, later, select the Account, go to the Account menu, and select the Edit Account menu option. Supposing you want to track balance changes, you'd need to do a little math each month and use entries, instead of adjusting the Starting Balance. Simply take the real world ending Balance you want to match, each time, subtract the CheckBook Account's Balance, and then input an entry in the resulting amount—if the amount's a negative, use a Debit, otherwise, use a Deposit. |
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| Author: | knightrider [ Sat Mar 09, 2024 8:54 am ] |
| Post subject: | Re: How to set up asset account and just enter ending balanc |
I was hoping the software could do the math programmatically. |
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| Author: | Allan W. [ Mon Mar 11, 2024 9:24 am ] |
| Post subject: | Re: How to set up asset account and just enter ending balanc |
That's not an available option, at this time, but it's something we can certainly look at supporting in the future! |
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