Reconcile Credit Card Account-Transaction After Statement Closing

[INFO]

What is really exciting to us was the large number of really good 
responses and the speed with which they appeared. It is exciting to be 
involved in such an actively support project. Thanks so much for your 
response.

On 07/07/2012 12:55 PM, David T. wrote:
> I see from later entries in the thread that your problem has been
> solved, and I am glad of this.
>
> For the record, I'll note that it is NOT necessary for the opening
> balances to match--only that the ending balances match. You will see
> that this is true by Gnucash's behavior--the finished button only
> becomes active when the closing balances match.
>
> There are circumstances when the opening balances may be different, as
> for example, when a previously-reconciled transaction gets erroneously
> deleted or marked unreconciled, or upon first reconciling your account.
> In these cases, you may need to reconcile a transaction that is not
> included on the card statement in order to achieve the same closing
> balances.
>
> David
>
> ------------------------------------------------------------------------
> *From:* INFO <info8824 at gmail.com>
> *To:* Colin Law <clanlaw at googlemail.com>
> *Cc:* gnucash-user at gnucash.org
> *Sent:* Friday, July 6, 2012 1:24 PM
> *Subject:* Re: Reconcile Credit Card Account-Transaction After Statement
> Closing
>
> The beginning and ending balances were correct. I will do the entire
> thing from the beginning and carefully monitor what I am doing. I am
> convinced I am doing something silly.
>
> On 07/06/2012 03:00 PM, Colin Law wrote:
>  > On 6 July 2012 20:51, INFO<info8824 at gmail.com
> <mailto:info8824 at gmail.com>> wrote:
>  >> Greetings:
>  >>
>  >> I am trying to reconcile a credit card account - my first attempt at
> using
>  >> Gnucash reconciliation. I encountered the following problem.
>  >>
>  >> Everything went fine. I checked all the transactions on the
> statement, the
>  >> reconciled balance was exactly the same as the statement. However,
> when I
>  >> tried to click the check mark to complete the reconciliation, it was
> greyed
>  >> out. I had one transaction that was a charge made after the closing
> date of
>  >> the statement. I could not complete the reconciliation unless I also
> checked
>  >> that transaction, which was not part of this reconciliation.
>  >>
>  >> After I checked the transaction that occurred after the closing date
> of the
>  >> statement, then I could complete the reconciliation. However, now the
>  >> account shows the interest charge in a negative red, then shows it
> correctly
>  >> thereafter, and now shows a zero balance for the account.
>  >>
>  >> I can avoid the interest problem by checking no auto interest and
> entering
>  >> it manually, but that still doesn't allow me to complete the
> reconciliation
>  >> without checking the transaction that occurred after the statement
> closing
>  >> date.
>  >>
>  >> Clearly, I am missing something here, something simple no doubt. I
> followed
>  >> the instructions in the guide, but with no success. Any directions?
>  >
>  > When starting the reconcile it pops up a dialog with an Ending Balance
>  > field. You should set this to the closing balance on the statement
>  > (which may not be the value filled in by gnucash). Also check that
>  > the starting balance shown there matches the starting balance in the
>  > account. When you have finished reconciling the figure against
>  > Difference in the reconcile window should be zero.
>  >
>  > Colin L
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