info about action field in double-line view

[ihaveanotherchance at gmail.com]

An item that is cleared means that your bank has cashed it. An item that is reconciled means that at the end of the month the balance of the bank and your checking account match for all item that have cleared. That is the difference between the two. I hope my explanation is simple enough.

Sent from my iPhone

> On Jan 29, 2018, at 7:56 PM, Mark Hedges <mark.hedges at weirdvibe.com> wrote:
> 
> Thanks all.
> 
> I don't understand the difference between "cleared" and "reconciled"
> in Gnucash context.  Someone mentioned that one changes R from "n" to
> "c" when they see the charge in their bank statement or online
> banking.  How is that different in terms of information flow from
> using the reconciliation feature to do exactly the same thing?  I
> still end up having to cherry-pick individual transactions to make the
> balance work out.
> 
> Regarding the Num field, I understand that this would be a check
> number if anyone paid for much with checks anymore.  For checking visa
> or ACH transactions, am I supposed to record the transaction number
> from the bank online balance sheet or statement?
> 
> Thanks.
> 
> Mark
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