Recondiling Accounts

David T. sunfish62 at
Wed Nov 4 21:57:09 EST 2009


If you keep in mind that you are reconciling your books to the bank's statement, it might help. Basically, when you reconcile your account, you put in the bank statement closing balance and then start matching your entered transactions with those on the statement. 

Any items in your books that aren't in the statement remain unreconciled until they appear in a bank statement. These are your pending transactions. In your described situation, the $100 check would not be marked in the reconcile window, and the reconciled balance and the statement balance should be the same (that is, a difference of $0).


--- On Wed, 11/4/09, bchris1327 <V_1brchr at> wrote:

> From: bchris1327 <V_1brchr at>
> Subject: Recondiling Accounts
> To: gnucash-user at
> Date: Wednesday, November 4, 2009, 1:47 PM
> I can't figure out how to do a basic thing.  I suppose
> this situation might
> be covered in the manual that comes with gnucash, or might
> be described
> somewhere online, I just can't find it, and I am not even
> really certain
> what to look for.
> Well, any way, suppose on the 15th, I write a check for
> $100, then on the
> 20th, my statement comes from the bank, but the check that
> I wrote on the
> 15th has not yet cleared.  I go to reconcile the
> account, and the manual
> says the goal is to get the "reconciled difference" down to
> 0.  How is this
> even possible.
> The "reconciled difference" will be $100 (or perhaps more
> if there are other
> checks that have not cleared the bank) until that check is
> clicked off in
> the "reconcile window," but it cannot be checked off
> because that check has
> not cleared.
> Once I tried simply clicking finish without the difference
> being 0, and it
> put in a "correction" (USD-imbalance, I think).  I do
> not want a
> "correction," the check has not cleared yet.  Or do I
> simply postpone
> balancing the May statement until that check does clear,
> getting further and
> further behind each month.
> Brian Christiansen
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