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

David Carlson david.carlson.417 at gmail.com
Thu Mar 7 16:12:41 EST 2013


On 3/7/2013 1:48 PM, ari gold wrote:
> 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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I believe that U+R may also change the date or the amount if the match
is not quite perfect.  That is another reason that I, like David T,
always find a way to avoid using that choice.

David C


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