Reconciliation

[keith]

Reconciliation serves 2 purposes. One is to check that the amounts of 
the items charged to accounts are correct. The other is to make sure 
that the bank's balance for the account is the same as yours. To make 
the second work you need to know that the starting balance is correct. 
So you need to reconcile bank statements in order. Gnucash does let you 
mark the amounts as you compare them with the bank statement, even if 
you do not do a reconciliation. So you can do 1 without 2 if you want; 
you just cannot call the amounts reconciled.

Keith
Guelph

lingwitt at bellsouth.net wrote:
> On 10 Sep 2007, at 4:28:56 PM, Derek Atkins wrote:
>
>   
>> lingwitt at bellsouth.net writes:
>>
>>     
>>> Hello,
>>>
>>> What is the best way to reconcile my accounts out of order?
>>>
>>> I have newer bank statements, so I can use them now to reconcile,
>>> but I'll have to get older ones another time.
>>>
>>> It seems like reconciliation out of order messes with the
>>> Reconcilliation
>>> window's number fields in annoying ways. I'll have to end up doing
>>> arithmetic on my own in order to match the fields correctly, because
>>> the Reconciled Balance is accumulative.
>>>       
>> You can't.  Reconciliation is always "from the beginning to
>> <reconcile date>", which means you can't do what you want.  This
>> is always why it's suggested that you start from scratch instead
>> of importing years of history..   Or if you DO import years of history
>> just mark everything that WAS reconciled as reconciled all at once.
>>     
>
> Is there a good reason for this restriction? I figured reconciliation  
> was
> more of a record keeping detail.
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