[GNC] n and c?

[Adrien Monteleone]

The ‘c’ flag is usually set when you are confirming the charge/payment is in fact real. Some people download transactions instead of entering them by hand, or they periodically check their account online to see if something went through. This is where you’d mark it ‘cleared’.

It is not reconciled until it shows a ‘y’ and the only way to achieve that is to use the Reconcile process in GnuCash. (there’s a button on the toolbar for it)

You specify your closing date and closing balance from your statement.

You’ll get a window showing all payments and charges.

You check off each one that matches as you find them on your statement.

You then finalize the reconciliation. (which should show zero variance to the closing balance)

The first time might take a few minutes, but subsequent reconciliations will be a breeze.

Regards,
Adrien

> On Apr 11, 2019, at 1:15 AM, ToddAndMargo via gnucash-user <gnucash-user at gnucash.org> wrote:
> 
> >> On Apr 11, 2019, at 12:01 AM, ToddAndMargo via gnucash-user <gnucash-user at gnucash.org> wrote:
> >>
> >> Hi All,
> >>
> >> On a credit card account, in the "R" column, what is "blank", "n", and "c" stand for?
> >>
> >> And does "R" stand for "reconcile"?
> >>
> >> Many thanks,
> >> -T
> 
> On 4/10/19 11:06 PM, Adrien Monteleone wrote:
>> Yes,
>> The ‘R’ column is a reconcile flag.
>> You can click between ’n’ - "not reconciled", and ‘c’ - “cleared".
>> When you reconcile against your statement, the ‘c’ items will be pre-checked for you. When you finalize the reconciliation, all checked items will change their flag to ‘y’ - “yes, reconciled”.
>> Note, all accounts have this column.
>> Regards,
>> Adrien
> 
> Hi Adrian,
> 
> I will be reconciling by hand from my bank's statements.
> When I find an entry, do I manually change it to "c"?
> 
> Many thanks,
> -T