-=> Quoting Terry G Wright to Al Jennings <=-
TGW> Hello Al!
TGW> Wednesday January 03 1996 17:12, Al Jennings wrote to Bruce Wilson:
AJ> I too remember the frustration with year-end conversions. I found
AJ> the best way was to note the cash balance in the cash account, delete
AJ> the cash account, set-up a new cash account with a starting balance
AJ> equal to the previous year's cash balance. This is the method I have
AJ> been using for some six years. Hope this helps,
TGW> May I ask a question on this? It seems to me that when you do
TGW> this you lose all the detailed account analysis of the previous year.
Sorry, I wasn't sufficiently explicit. I always save all the information
by making an archive file (not to be confused with Quicken's archive
procedure!). For example, at the end of 1995 I took the following steps:
1. Renamed my current file Qdata-95 to Qdata-96
2. Use the Quicken year-end procedure, saving a copy of the file as
Qdata-95 (which it originally was...thus preserving all the data)
3. The resulting Qdata-96 has had all reconciled data removed in the
process, leaving the cash account untouched. After noting the ending
balance, I delete the old cash account and start a new one with its
opening balance set to last years closing balance.
One minor drawback...all references to the old cash account are lost, so
scheduled transactions, transfer between accounts, etc. must be redone for
the new year. In my case, this is much easier than any other approach.
Hope this helps........Al
... Documentation - The worst part of programming.
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