Reconciliation: Incorrect Starting Balance

Tom Purl tom at tompurl.com
Tue May 29 23:09:03 EDT 2007


On Tuesday 29 May 2007 21:09, Derek Atkins wrote:
> Quoting Tom Purl <tom at tompurl.com>:
> > OS: Linux
> > GC Verson: 2.1.2
> >
> > I have been using GnuCash to manage my checking account for years, and
> > reconcile it every month.  However, when I tried to reconcile it this
> > month, the "Starting Balance" amount was off by $6.36.  It should have
> > been $497.11 (for example), but instead, that amount was $503.47.  When I
> > try to reconcile my account, it therefore says that I'm off by $6.36.
> >
> > The previous month's bank statement had an ending balance of 497.11, and
> > I am sure that everything balanced properly that month.  I am really
> > perplexed as to why last month's ending balance of of 497.11 then
> > "turned into" this month's "reconciled" value of 503.47.  I also checked
> > every 6.36 transaction that has cleared over the last year, and they all
> > are valid.
> >
> > How do I even begin to troubleshoot or fix this problem?  In the short
> > term I guess I can just add a fake 6.36 transaction and then reconcile
> > it, but I don't want to have to maintain a bunch of fake transactions in
> > the long term.
> >
> > Thanks in advance for any help you can give me!
>
> Ignore the starting balance, put in the correct ending balance, and
> try to reconcile.  Does that fail?

Yes.  In the end, I'm $6.36 off.

Thanks for the quick reply!

Tom Purl


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