Reconciling questions

[Derek Atkins]

Hi,

Quoting timzak <tzakharov at charter.net>:

>
> Thanks for the reply.  I decided to go ahead and reconcile against my bank
> statements.  All went well until March or April's statement (can't remember
> which as the date of the transaction in question is right on the border).
> Basically, there was a single transaction that didn't get automatically
> selected during the reconcile process, I think because it was a split
> transaction and I forgot to set it as cleared.  So in the Reconcile menu,
> this transaction was unchecked.  I checked it, and the reconcile process got
> balanced to zero (as it should).  However, when I finished reconciling, that
> transaction only showed a "c", not a "y" like it should if it had been
> reconciled.  I wasn't sure what happened, and could not figure out how to go
> back and reconcile just the one transaction, so I moved on to the next
> month's statement and saw that the transaction in question showed up in the
> next statement's reconciliation window.  Again, I went through each
> transaction, noting that they all had checks next to them.  When I got to
> the end, I noticed one deposit of salary that was not checked, and the
> balance was off by that same amount.  So I put a check next to that deposit
> (it was the last transaction on that month's statement), and saw the
> balances get to zero (balanced the month).  Everything looked great, so I
> applied the reconciliation.  This time I noticed that the original
> transaction that didn't get reconciled, was now reconciled.  Yay!  However,
> now this last deposit that I had to manually check in the reconcile window
> does not show as reconciled!  It has a "c" instead of a "y" just like the
> original one I mentioned.  It appears now that I have to wait til next
> month's statement and tack this one onto next months to reconcile it,
> leaving me to wonder if there will be another transaction that this happens
> with, leaving me in some weird endless loop.  Does this sound familiar?  Do
> you have any way to help me?  Am I making any sense?
> javascript:Nabble.smiley('anim_confused.gif',':confused:')
>
> Thanks.

I'm afraid it does not sound familiar, but it also doesn't sound all
that surprising..   How can a transaction that happened in the future
get reconciled?  E.g., if you took money out of an ATM on May 23rd,
how could it show up on a statement dated May 22nd?

To me it sounds like you're entering in the incorrect statement
date, or your marking your transaction dates incorrectly.

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-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
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