[kmymoney4] [Bug 360938] Scheduled transactions entered in credit card (liability) have random descriptions populated

Jack Ostroff ostroffjh at frontier.com
Sat Apr 2 19:43:03 UTC 2016

On 4/2/2016 3:06 PM, via KDE Bugzilla wrote:
> Another thing, theres a "Equity" account with a sub-account named "Opening
> balances".  This was not there with KMM 4.6.2.. What is this account?  Some
> (4/6) of the errors left are related to this account...  Knowing what it does
> and its purpose will help me fix the remaining errors.

Since KMM follows proper double entry bookkeeping practice, every 
transaction needs to be balanced - money always comes from somewhere. 
When you create a new account, and give it a starting balance, that 
money has to come from somewhere.  That is what the "Opening balances" 
account is for.  It is simply a creation to hold the "other" end of 
every transaction that given an account its starting balance.  I think 
it actually was present in earlier versions of KMM, it was just better 

To get to this account, right click on the opening balance transaction 
in any of your own accounts.  There should be an entry in the context 
menu "Go to 'Opening balances'".  That will open the "Opening balances" 
account in the ledger

NOTE:  I just tried this, and it did work, with the one issue that the 
name of the account at the top of the ledger stayed the name of the 
previous account.  If I confirm this when I get home, I'll file a bug 
for it.  However, it appears to only be a cosmetic issue.  It really is 
the "Opening balances" account which is displayed.  You can then edit 
the account to change its opening date.

Once you fix this, feel free to post your remaining errors - perhaps 
just to the mailing list, since this is no longer relevant to the bug.

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