Tell me more ×  I just started using GnuCash and there is
something I do not quite get how to get rid of (and whether I
should try to get rid of).  When I start importing transactions,
I have expenses, income, etc. As this this as "double method"
system, for everything I put in as an expense, the money should
come from somewhere. The thing is, GnuCash opens a new account,
"unbalanced" or something like that (I don't remember, I'm at
work) where doing Expense - Unbalanced equals to zero.  Is it
possible to get the "unbalanced" account to zero and eliminate
it? It annoys me and in fact, I do not know if having it with
some money is good or not for the rest of the system.
share|improve this question add comment  1 Answer  up vote 8
down vote accepted  That's Imbalance-USD (or whatever your
default currency is). This is the default "uncategorized"
account.  My question is, is it possible to get the "unbalanced"
account to zero and eliminate it?  Yes, it's possible to get
this down to zero, and in fact desirable