Reconciling an account

[Derek Atkins]

He's wrong.
You should absolutely change the ending balance in the dialog to match your statement because you may have transactions that haven't cleared yet.  
-derek
-- 
Sent from my Android device with K-9 Mail. Please excuse my brevity or typos.

On June 4, 2017 12:27:34 PM EDT, Colin Law <clanlaw at gmail.com> wrote:
>Hi Derek
>
>That is what I do, (change the end balance in the reconcile open
>dialog) the question was directed at mjchurchill who said
>
>> Colin, I check the stafting date and balance, then the end date,
>finally the
>> end balance; the end balance chages to match the Gnucash opinion of
>the
>> balance for that date.  If that does not match the statement then
>more work
>> is needed. Mike
>
>By which I understood he meant that one should not change the end
>balance in the reconcile dialog.
>
>Colin
>
>
>On 4 June 2017 at 17:07, Derek Atkins <derek at ihtfp.com> wrote:
>> Easy.  Don't mark it reconciled.
>> Also make sure you enter in the correct statement ending balance.
>> -derek
>> --
>> Sent from my Android device with K-9 Mail. Please excuse my brevity
>or typos.
>>
>> On June 4, 2017 11:07:01 AM EDT, Colin Law <clanlaw at gmail.com> wrote:
>>>So what do you do if you have entered a cheque before the statement
>>>date, but it had not been cleared when the bank printed the
>statement?
>>>
>>>Colin
>>>
>>>On 4 June 2017 at 14:53, mjchurchill <mjchurchil at aol.com> wrote:
>>>> Colin, I check the stafting date and balance, then the end date,
>>>finally the
>>>> end balance; the end balance chages to match the Gnucash opinion of
>>>the
>>>> balance for that date.  If that does not match the statement then
>>>more work
>>>> is needed. Mike
>>>>
>>>>
>>>>
>>>>
>>>> Sent from Samsung tablet
>>>>
>>>>
>>>>
>>>> -------- Original message --------
>>>> From Colin Law <clanlaw at gmail.com>
>>>> Date: 06/04/2017 6:08 AM (GMT-08:00)
>>>> To stepbystepfarm at dialup4less.com
>>>> Cc gnucash-user at gnucash.org
>>>> Subject Re: Reconciling an account
>>>>
>>>>
>>>> Michael, Do you mean you do not start by setting the ending balance
>>>in
>>>> the reconcile opening dialog to that from the statement that you
>are
>>>> reconciling against?
>>>>
>>>> Colin
>>>>
>>>> On 4 June 2017 at 12:29, Mike or Penny Novack
>>>> <stepbystepfarm at dialup4less.com> wrote:
>>>>> On 6/3/2017 6:51 PM, EngineInstitute wrote:
>>>>>>
>>>>>> I am having problems reconciling an account. The starting balance
>>>agrees
>>>>>> with
>>>>>> the statement but ending balance does not. OK so I changed the
>>>ending
>>>>>> balance to the correct one in the initial dialog box. I then went
>>>on to
>>>>>> the
>>>>>> next task of checking all of the debts and credits. I did that
>and
>>>>>> compared
>>>>>> the sum of the total debt and credit amounts against the
>statement
>>>so far
>>>>>> ok. BUT the ending balance still does not agree even there are no
>>>>>> additional
>>>>>> debts logs and one outstanding credit and I cannot close the
>>>account for
>>>>>> that period. What am I missing?
>>>>>>
>>>>>> Thanks.
>>>>>
>>>>>  What kind of account are we talking about? Since you mention
>>>reconciling
>>>>> against a statement is this a checking account?
>>>>>
>>>>> If so, have you ever reconciled a checkbook against bank statement
>>>in the
>>>>> old fashioned days, statement against your check register? If not,
>>>you
>>>>> likely have no clue what to look for. You do not start by
>"changing
>>>an
>>>>> amount"! Using GnuCash:
>>>>>
>>>>> 1) Confirm that there is nothing in either Imbalance or Orphan. If
>>>there
>>>>> is,
>>>>> correct that problem first.
>>>>> 2) Look at the statement from the bank. Are there any transactions
>>>there
>>>>> that have not been entered in GnuCash? << assuming that you can
>>>recognize
>>>>> these as valid transactions -- otherwise contact your bank to find
>>>out
>>>>> what
>>>>> these were.>>
>>>>> 3) Are any checks still outstanding (you wrote them, entered them
>in
>>>>> GnuCash, but not (yet) returned against your account at the bank.
>>>THAT is
>>>>> why I referred to "old fashioned days" reconciling because you
>STILL
>>>have
>>>>> to
>>>>> do this to get the same balance amounts.  You EXPECT a difference
>in
>>>the
>>>>> balances (you vs bank) for the sum of all uncleared checks.
>>>>>
>>>>> Michael D Novack
>>>>>
>>>>>
>>>>>
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