[GNC] I just don't understand reconciliation

Adrien Monteleone adrien.monteleone at lusfiber.net
Tue Jun 18 20:05:54 EDT 2019


> On Jun 18, 2019, at 6:58 PM, ToddAndMargo via gnucash-user <gnucash-user at gnucash.org> wrote:
> 
> 
> 
> 2) use Balance with the starting date of my current
> statement, so a month behind.
> 
No, no, no, no.

Do *NOT* use the balance button unless the ‘Difference’ is something OTHER THAN $0.00 after checking off all transactions that match the statement. That button is ONLY to be used as a ‘shortcut’ to create a transaction that balances you when you don’t balance. You could just as well create that transaction manually, and likely shouldn’t do either one. You should figure out WHY you don’t balance and FIX that.

If you entered the correct opening balance, correct ending balance, and checked off all and ONLY those transactions that matched the statement (since the last reconciliation) then you should balance.

If not, then either you or the bank has an error and that error needs to be found. The `Balance` button is for when you know the error is yours and you give up trying to find and correct it.

Regards,
Adrien


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