Resetting a balance.

[prataprc]

Say your book-keeping has gotten a bit out of date, and your Ledger balance no longer matches your bank balance. You can create an adjustment transaction using balance assignments:

2012-03-10 Adjustment
    Assets:Cash                         = $500.00
    Equity:Adjustments

Since the second posting is also null, it’s value will become the inverse of whatever amount is generated for the first posting.

This is the only time in ledger when more than one posting’s amount may be empty—and then only because it’s not truly empty, it is indirectly provided by the balance assignment’s value.