First reconcilation looks odd

[Derek Atkins]

Hi,

I think the answer is "just make sure you reconcile both
sides"

-derek

Quoting Stephen Torri <storri at torri.org>:

> I ran into trouble last time with my bucket type accounting using
> subaccounts for holding money to be spent on certain expenses. So I
> decided to restart a new gnucash file for the new year to try again
> since my reconciliation was screwed up. I put my present checking
> balance in to the account for my checking and then started to open
> subaccounts. When I did a started each subaccount I made the checking
> account its parent and did a "select transfer account" from where the
> money for the opening balance. I choose the parent checking account
> which had the full balance.
>
> For example:
>
> Parent checking
>     |--- Rent
>
> When go to reconcile the Parent checking with the latest bank statement
> I am having trouble. Our starting balances match but the reconcile
> process is not adding correctly.
>
> The opening balance for the parent checking account is shown as income.
> When I go to select the "Opening balance" line for rent I see its both
> in the "Funds In" and "Funds Out". That is fine but when its selected in
> the "Funds In" side is not selected on the "Funds Out" side. Since its a
> internal transfer in the books the net effect on the reconciliation
> should be zero. The same problem is found for when I am internally
> transferring funds from the parent checking account to each of the
> buckets when a paycheck arrives.
>
> I hope that I have been clear on what is going wrong. I have had
> finished the reconciliation in case I need to change things. Please tell
> me how to get the account to properly reconcile so gnucash is setup
> ready for the next month.
>
> Stephen
>
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-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available