Reconcile Credit Card Account-Transaction After Statement Closing

Derek Atkins derek at ihtfp.com
Fri Jul 6 15:55:55 EDT 2012


Hi,

When you started the process did you manually enter the correct ending
balance from your statement into GnuCash's reconcile dialog?  I bet you
did NOT do that, which is why there's the discrepancy.

-derek

On Fri, July 6, 2012 3:51 pm, INFO wrote:
> Greetings:
>
> I am trying to reconcile a credit card account - my first attempt at
> using Gnucash reconciliation. I encountered the following problem.
>
> Everything went fine. I checked all the transactions on the statement,
> the reconciled balance was exactly the same as the statement. However,
> when I tried to click the check mark to complete the reconciliation, it
> was greyed out. I had one transaction that was a charge made after the
> closing date of the statement. I could not complete the reconciliation
> unless I also checked that transaction, which was not part of this
> reconciliation.
>
> After I checked the transaction that occurred after the closing date of
> the statement, then I could complete the reconciliation. However, now
> the account shows the interest charge in a negative red, then shows it
> correctly thereafter, and now shows a zero balance for the account.
>
> I can avoid the interest problem by checking no auto interest and
> entering it manually, but that still doesn't allow me to complete the
> reconciliation without checking the transaction that occurred after the
> statement closing date.
>
> Clearly, I am missing something here, something simple no doubt. I
> followed the instructions in the guide, but with no success. Any
> directions?
>
> I have been trying to use Gnucash for a long time. Now that I can use
> the SQLite3 backend, most of my previous limitations are gone. I can use
> queries to get any information I need on a copy of the file. Gnucash now
> seems like a powerful business tool that is easily queried for any
> desired data, and easily connected to office suites for any desired data
> manipulation.
>
> Joel Bailey
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
>


-- 
       Derek Atkins                 617-623-3745
       derek at ihtfp.com             www.ihtfp.com
       Computer and Internet Security Consultant



More information about the gnucash-user mailing list