[GNC] Reconciliation of accounts is not permanent

[Michael or Penny Novack]

> The purpose of reconciliation is to verify that from the last closing 
> date to the new closing date, the listed transactions cleared the 
> account and thus explain the change from the opening balance (last 
> closing balance) to the new closing balance listed on the statement.
>
> The actual balance, in your books, on a given day, or as of a given 
> day, is irrelevant to that reconciliation. 


Precisely. You EXPECT there to be a difference based on checks written 
(appear in the gnucash account) that have not yet cleared. In other 
words, the main part of the job (if no errors) is to verify that the 
total of checks written but uncleared matches the difference between the 
bank statement of the account and the gnucash account as of the date of 
the statement.

When it still doesn't match you then need to find the error, a check not 
entered for the correct amount. Usually at your end but once I had one 
of these at a bank end.

Michael D Novack