Reconcilliation

[David T.]

Charles,
I respect that you don't want more replies from me, which is why I am only replying to the list on this message.
To the list:
Charles says that GnuCash creates balancing transactions during the reconciliation process, and I want to double check with others, as I have never had that happen. I want to be sure that if I am mistaken, future readers of the thread will get the right information on this.
Thanks,David

      From: Charles Hillon <charleshillon at comcast.net>
 To: David T. <sunfish62 at yahoo.com> 
Cc: Gnucash-user Mailinglist <gnucash-user at gnucash.org> 
 Sent: Thursday, February 5, 2015 8:43 AM
 Subject: Re: Reconcilliation
   
David,
It most certainly does. Thanks for your help. No further reply needed.



On Feb 4, 2015, at 9:16 PM, David T. <sunfish62 at yahoo.com> wrote:
Charles, 

I am pretty sure that GnuCash *doesn't* insert any transactions when you choose to reconcile, except for the interest dialog that pops up for some account types.
"Balancing entry from reconciliation" sounds to me like something that you might have put in at an earlier point? What happens if you delete that transaction from the books and start the reconcile again?
David

      From: Charles Hillon <charleshillon at comcast.net>
 To: David T. <sunfish62 at yahoo.com> 
Cc: Gnucash-user Mailinglist <gnucash-user at gnucash.org> 
 Sent: Wednesday, February 4, 2015 4:20 PM
 Subject: Re: Reconcilliation
   
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> wrote:
Charles, 

Try looking at 
http://gnucash.org/docs/v2.6/C/gnucash-guide/txns-reconcile1.html
Cheers,David

      From: Colin Law <clanlaw at gmail.com>
 To: Charles Hillon <charleshillon at comcast.net>; "gnucash-user at gnucash.org" <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> 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> wrote:
>>
>> On 4 February 2015 at 19:23, Charles T Hillon <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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