What's the meaning of the U (update) in Reconciliation?

[ari gold]

Ahha!  Thanks.  That makes sense.

Although I could see wanting to update because I may have typed the wrong
number in and the bank's number (or the credit card's number) is, of
course, the actual number.

I'm just going to verify each one.

Thanks!

Ari


On Thu, Mar 7, 2013 at 11:43 AM, David T. <sunfish62 at yahoo.com> wrote:

> I don't see a reply yet, so here is my understanding, based on observation:
>
> The U+R option in OFX importing means that the importer found a matching
> transaction in your data file for a transaction in the OFX file, and the
> importer is going to replace whatever you have in your data file with the
> contents in the OFX file. Personally, this doesn't make sense to me (seeing
> how the transaction in the file is the one that I presumably caused to
> exist), but that is what it means. I usually uncheck U+R and instead opt
> for R.
>
> HTH,
> David
>
>   ------------------------------
> *From:* ari gold <arigoldx at gmail.com>
> *To:* gnucash-user at gnucash.org
> *Sent:* Thursday, March 7, 2013 1:23 AM
> *Subject:* What's the meaning of the U (update) in Reconciliation?
>
> Hi there,
>
> I downloaded my credit card statement as a QFX file and have done File >
> Import > Import OFX/QFX...
>
> I think I understand (from reading the Packt Publishing book) how Gnucash
> tries to match the file's entries to Gnucash's transactions.  What's not in
> the book is the U+R or the "Update and reconcile (auto) match" option.
>
> That is, why are some entries marked as R and some as U+R?
>
> Thanks,
>
> Ari
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