Reconciliation question

MacDougall, Alexander amacdougall at
Fri Jan 21 10:27:04 EST 2011

That is exactly what I had to do!  Worked perfectly.

Alexander (Sandy) MacDougall
Leader, Technology Integration
Halifax Regional School Board
902-464-2000 ext 2622
amacdougall at

-----Original Message-----
From: Scott Nelson [mailto:scott at] 
Sent: January-21-11 11:23 AM
To: Phil Frost
Cc: MacDougall, Alexander; gnucash-user at
Subject: Re: Reconciliation question

On Jan 21, 2011, at 9:14 AM, Phil Frost wrote:

> On Fri, Jan 21, 2011 at 11:03:15AM -0400, MacDougall, Alexander wrote:
>> I have just set up GnuCash and I'm not terribly familiar with the
>> of accounting - however it does seem to be pretty easy with GnuCash.
>> I am really just tracking the transactions of a chequing account and
>> started with Aug 1.  I now have several bank statements that I'd like
>> reconcile.  However, when I start the process the reconciliation
>> "wizard" indicates Opening Balance: $0.00 and thus my closing balance
>> wrong.
>> When I set up the system, I entered the July 31/Aug 1 bank balance as
>> the Account opening blanace.
> The opening balance indicated in the reconcile window indicates the
> of transactions marked as "reconciled" at the time the reconcile tool
> was started. If you haven't reconciled anything yet, this sum will be
> You can also see the present sum of reconciled transactions at the
> bottom of the window when viewing any account.

Does that mean that he should manually mark his opening balance
transaction as "reconciled"?  Would that fix the opening balance?


More information about the gnucash-user mailing list