Reconcile does not work for me
Ken Heard
ken at heard.name
Mon May 11 22:33:06 EDT 2009
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Jonathan Blake wrote:
> On Mon, May 11, 2009 at 5:24 PM, Ken Heard <ken at heard.name> wrote:
>
>> As far as I can figure out, that number -- the "Difference" -- can only
>> be zero if every item in both the debit and credit columns in the
>> "reconcile" window are checked off. If so, what is the point of the
>> reconciliation process?
>
> If you have entered transactions beyond what is on the statement that
> you're reconciling against (e.g. transactions made in May after the
> April statement dates ended), then those transactions in May shouldn't
> be checked as reconciled. In fact, checking them should make the
> difference (between reconciled balance and statement balance)
> something other than zero.
First, please post to the list instead of only to me, because I prefer
to read such posts on the list, and so that other people on the list my
benefit from your comments.
Second, I was and am aware of the point you made. I reconciled as of
the date of the bank statement, and the entries in the ledger but not in
the bank statement were before that date.
Regards, Ken Heard
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