Find Transaction Result – Can’t change View

[Derek Atkins]

Michael Hendry <hendry.michael at gmail.com> writes:

> I’m not so sure about Derek’s suggestion of marking the transactions
> as “cleared” and later “reconciled”. Reconciliation involves
> comparison of your books with a statement from elsewhere, and ensures
> the two stay in step. 

Indeed, and the "statement" in my case is the reimbursement from my
employer.

>     In the case of the loans to my children,
> mentioned above, repayment is made by instalments - perhaps over
> several years - and neither of these flags would be useful. I’d be
> inclined simply to record the fact that a claim has been submitted in
> the Description field of the transaction e.g. “A Stationer - claim
> submitted to School B on dd/mm/yy”. By inspection of the account’s
> register, you can easily spot a non-zero balance, find the claim that
> hasn’t been paid, and know how much it’s overdue.

Yes, in YOUR case it's a loan, not a reimbursement.  Different can of
fish completely.

> Call me pedantic, but I’m not comfortable with misuse of a feature
> (the “reconciled" column) when there’s a more transparent way through.

It's not at all a misuse.

> Michael

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-derek
-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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