Reconcilliation Woes

[Andrew Sackville-West]

Rich Shepard wrote:
> On Wed, 13 Apr 2005, Andrew Sackville-West wrote:
> 
>> Its always wrong in that it grabs the register balance on the statement
>> closing day. While it may on occasion be the right number, it is never 
>> the
>> right number because the proper number is the closing balance from the 
>> bank
>> statement. make sense?
> 
> 
> Andrew,
> 
>   I don't know where it gets the number that's off. It's not the last 
> balance
> on the register and it's not the closing balance on the bank statement.

gnc picks the balance for the date you have entered as the closing date 
for the statement. This number should always be changed to the closing 
balance from the bank statement itself, then as you check off items, you 
should come out to a 0 difference at the end.
> 
>   Anyway, as long as the bottom of the register reconciles with the bank
> statement -- manually -- I don't really care if gnucash shows it being off.

Aha! It looks to me like you are actually manually reconciling the 
statement to the register by essentially following the old p&p method 
thats probably printed on the back of your bank statement.

> Of course, it would be more elegant to be correct, but I can live with this
> situation. I thought it was something that I was not doing correctly.

I think it is something you are not doing correctly in terms of the 
reconciliation feature of gnucash, though you seem to be actually 
reconciling the account. Does that make sense? Seems you ARE reconciling 
the account, just circumventing the method provided by the software. If 
it works for you and keeps you from bouncing checks, then great. If you 
want to learn otherwise, then great. I'm guessing there's an FAQ on this 
or some docs already written (not at my desk to look), that can walk you 
through it. If not, we can go off list and create one as we go through 
it and then put it up for inclusion in the docs.

A
> 
> Thanks,
> 
> Rich
>