Reconciliation question

[MacDougall, Alexander]

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

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

-----Original Message-----
From: Scott Nelson [mailto:scott at nelson.saint-louis.mo.us] 
Sent: January-21-11 11:23 AM
To: Phil Frost
Cc: MacDougall, Alexander; gnucash-user at gnucash.org
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
world
>> 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
to
>> reconcile.  However, when I start the process the reconciliation
>> "wizard" indicates Opening Balance: $0.00 and thus my closing balance
is
>> 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
sum
> of transactions marked as "reconciled" at the time the reconcile tool
> was started. If you haven't reconciled anything yet, this sum will be
0.
> 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?

Scott