Starting Balance?

Derek Atkins warlord at MIT.EDU
Wed Apr 9 17:41:10 EDT 2008


Hi,

Quoting Tony Nelson <tonyn at openlearning.com>:

> Hi All,
>
> I am trying to start using Gnucash beginning with the start of my fiscal
> year (10-01-07).  I entered an opening balance (dated 9/30/07) and then
> entered all checking account transactions for the month.
>
> Now when I attempt to reconcile the check register I am way off because
> it expects a starting balance of $0.00 and there is not obvious way to
> get the reconciliation program to recognized my real starting balance.
>
> Any ideas?

Ignore the starting balance.  What's it's telling you is that your
RECONCILED starting balance is $0, which is correct, because it's
your first reconciliation.  Just enter the correct ending balance
for the statement date and be sure to reconcile your starting balance
transaction.

> Thanks!
> --tony

> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.

-derek

-- 
       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



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