How to handle a "fudge" transaction properly?

[Colin Law]

On 20 August 2015 at 15:04, Henry Law <news at lawshouse.org> wrote:
> I found some previous list discussions on how to find errors and where they
> came from, but none of them discussed what you do when you have one and are
> content to leave it.  I hope someone can help ...
>
> I migrated my accounts from MS Money a while back and everything was fine.
> Then about four months ago something strange happened and the amounts were
> off.  After trying to find the problem (yes, I do know a wide range of
> strategies for doing that) I finally gave up and entered a "fudge"
> transaction, for the princely sum of 45p (something like 30 cents); to
> really find the error would probably mean my going back through hundreds of
> entries and for that amount it simply isn't worth it.
>
> But of course I've now got an untidy situation: that 45p transaction can't
> ever be reconciled: horrible!  What is the best way of handling this?

I don't understand, if you don't need the fudge transaction in order
to get the balance to reconcile according to the most recent statement
from the bank then why do you need it at all?   Just remove it.  If
you need it in order to reconcile then reconcile it.

Colin Law