Reconcile Credit Card Account-Transaction After Statement Closing

[Colin Law]

On 6 July 2012 20:51, INFO <info8824 at gmail.com> 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?

When starting the reconcile it pops up a dialog with an Ending Balance
field.  You should set this to the closing balance on the statement
(which may not be the value filled in by gnucash).  Also check that
the starting balance shown there matches the starting balance in the
account.  When you have finished reconciling the figure against
Difference in the reconcile window should be zero.

Colin L