Reconcilliation

[Charles Hillon]

Before the reconciliation can be completed the GnuCash software inserts into the account a “Balancing entry from reconciliation”, which makes the balance in the account incorrect. If you don’t do this the reconciliation is voided. After completing the reconciliation I made an entry into the account to reverse the  “Balancing entry from reconciliation”. Maybe that will help when I reconcile next month.

> On Feb 4, 2015, at 6:22 PM, David T. <sunfish62 at yahoo.com> wrote:
> 
> Well, it 's not my software, although I did write the documentation part about the differing opening balances, from comments made on the mailing lists a few years back. 
> 
> Are you saying that after selecting the transactions for reconciliation, your closing balances are still off?
> 
> The upshot of the documentation is to point out that the Opening balance is not critical--what matters is the Closing balance. If the closing balance in GnuCash agrees with your statement closing balance, then there is nothing to be concerned about. [Indeed, GnuCash's reconcile feature will not allow you to finish reconciliation until these numbers match.] The special notes in the reference guide page are meant to clarify that. 
> 
> As for viewing prior reconciliations, I know that some have expressed similar requests in the past. Typically, this takes the form of a request for a reconciliation report, for which workarounds have been suggested. Those workarounds won't help in your situation, unfortunately.
> 
> David
> ..
> P.S., please also use Reply All. That way, others can step in and help when my meager attempts fall short.
> 
> From: Charles Hillon <charleshillon at comcast.net>
> To: David T. <sunfish62 at yahoo.com> 
> Sent: Wednesday, February 4, 2015 2:42 PM
> Subject: Re: Reconcilliation
> 
> Thanks. I’ve already read all that. Wish your software showed prior reconciliations. iBank’s software does that.
> 
> 
>> On Feb 4, 2015, at 4:41 PM, David T. <sunfish62 at yahoo.com <mailto:sunfish62 at yahoo.com>> wrote:
>> 
>> Charles, 
>> 
>> Try looking at 
>> http://gnucash.org/docs/v2.6/C/gnucash-guide/txns-reconcile1.html <http://gnucash.org/docs/v2.6/C/gnucash-guide/txns-reconcile1.html>
>> 
>> Cheers,
>> David
>> 
>> From: Colin Law <clanlaw at gmail.com <mailto:clanlaw at gmail.com>>
>> To: Charles Hillon <charleshillon at comcast.net <mailto:charleshillon at comcast.net>>; "gnucash-user at gnucash.org <mailto:gnucash-user at gnucash.org>" <gnucash-user at gnucash.org <mailto:gnucash-user at gnucash.org>> 
>> Sent: Wednesday, February 4, 2015 12:45 PM
>> Subject: Re: Reconcilliation
>> 
>> On 4 February 2015 at 20:17, Charles Hillon <charleshillon at comcast.net <mailto:charleshillon at comcast.net>> wrote:
>> > I’ve only been using GnuCash for a couple of months & on this one account it’s happened on each reconciliation. The account balance is correct & agrees with my Quicken & iBank software, both of which are reconciling correctly. I’ll try to finesse it to reconcile & still show the correct balance. I wish GnuCash had a column for notes. Charles
>> 
>> Don't forget to use Reply All or Reply List when replying to emails
>> otherwise the post just goes to the last sender.  This list is a bit
>> unusual in that respect.  I am forwarding it.
>> 
>> Is this the first time you have reconciled it?  If so then perhaps you
>> may just need to insert an initial balance at the start.  If not then
>> the starting balance now should be the same as the ending balance the
>> last time you reconciled it.
>> 
>> Colin
>> 
>> >
>> >> On Feb 4, 2015, at 2:51 PM, Colin Law <clanlaw at gmail.com <mailto:clanlaw at gmail.com>> wrote:
>> >>
>> >> On 4 February 2015 at 19:23, Charles T Hillon <charleshillon at comcast.net <mailto:charleshillon at comcast.net>> wrote:
>> >>> How do I change an erroneous starting balance in a reconciliation?
>> >>
>> >> If the account has previously been reconciled then this means that a
>> >> previous reconciled transaction has been deleted or edited (or
>> >> possibly that a transaction has been manually reconciled or
>> >> de-reconciled, not sure about that).  Ideally you should identify the
>> >> error and correct it.  Possibly by going to a recent backup and
>> >> working forwards from there.
>> >>
>> >> You can look through the log files looking for the error also.
>> >>
>> >> Colin
>> >
>> 
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> 
> 
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