Understanding reconciling

David T. sunfish62 at yahoo.com
Fri Dec 30 14:42:05 EST 2016


Matthew, 
Welcome to gnucash. 
Gnucash is double entry; when you reconcile, you reconcile one side of the transaction--the side associated with the statement (checking, savings, etc.). The other side doesn't ever get reconciled, unless you do as you have. That's how it works. 
David
 
 
  On Fri, Dec 30, 2016 at 19:27, Matthew Pounsett<matt at conundrum.com> wrote:   Hi!  I'm a new user of Gnucash (2.6.13) on MacOS, and I'm trying to
understanding something with reconciling transactions that doesn't seem
quite right based on what I've read in the docs.

I've just finished putting in my transaction history for the last couple of
months.  Once I was done, I reconciled all of my asset accounts (including
starting balances and bank accounts), liabilities (including my credit
cards), and income.

What confuses me is that those should cover at least one half of every
transaction.. but when I view transactions under Expenses they all still
show as unreconciled.  I had to do a subaccount reconcile of my Expenses
placeholder to make them all show as reconciled.

Since every expense involves a debit from either a bank account or a credit
card, shouldn't those transactions have been reconciled when I did the
reconcile of my asset and liability accounts?

Thanks!
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