missing documentation

[Thomas Bushnell BSG]

On Fri, 2008-01-04 at 23:13 -0500, Tim Wunder wrote:
> I used to save my credit card receipts and enter them manually. Now I import 
> them. Much easier to download transactions than to key them in every week (or 
> so). As a result, I stay more current and gnucash's balance matches the 
> credit card balance better. 

I track all my expenses, including cash, so I've already taken that time
hit.  The cost of the smaller number of bank transactions is no hassle
at that point.

> The transaction import marks the transactions as cleared. Then I'll use the 
> reconciliation process to make sure transactions weren't missed in the 
> downloads, which has happened once or twice over the span of several months.

But a big part of the reason behind reconciliation is to catch errors or
fraud.

If someone steals your card and charges gas, you'll never notice it--or
only because you rely on your memory and not the accounting system.

Thomas