Close books feature / soft lock accounts

alan's Avatar


01 Sep, 2023 04:34 PM

This is a two part suggestion.

1: Close books feature. At the end of a period, allow the books to be closed, which will zero out the running total in expense accounts.

2: On closing books, or through an option on the last successful reconcile, please soft lock the account to prevent transactions being entered (either directly or from another account) that occur before the lock date. A pop up should be presented to the user asking them to confirm this. This would prevent erroneous transactions from being back dated into an otherwise reconciled account messing up the balance. E.g. picking a date with the wrong year, causing the transaction to zoom back in time and throwing the balance off.

  1. 1 Posted by avp2 on 27 Sep, 2023 10:55 PM

    avp2's Avatar

    I think there are a number of users that would really like this option. It has been requested many times before.

  2. 2 Posted by dwg on 27 Sep, 2023 11:21 PM

    dwg's Avatar

    I do not see that Request #1 would be feasible.

    Moneydance is based on double entry accounting, hence to zero out the expense side of a transaction you have to remove the entire transaction so it therefore gets removed from the account the entry was made in. You cannot just keep one side of a transaction, based on this accounting methodology.

  3. 3 Posted by alan on 28 Sep, 2023 12:13 AM

    alan's Avatar

    Happens every year with gnucash and quickbooks. Would need a retained earnings account.

  4. System closed this discussion on 28 Dec, 2023 12:20 AM.

Comments are currently closed for this discussion. You can start a new one.

Keyboard shortcuts


? Show this help
ESC Blurs the current field

Comment Form

r Focus the comment reply box
^ + ↩ Submit the comment

You can use Command ⌘ instead of Control ^ on Mac