[GNC] I just don't understand reconciliation

[ToddAndMargo]

On 6/19/19 12:16 AM, Colin Law wrote:
> On Wed, 19 Jun 2019 at 00:56, ToddAndMargo via gnucash-user
> <gnucash-user at gnucash.org> wrote:
>> ...
>> So basically, I need t wait for my next statement to come to "c" the
>> charges that did not make it on the current statement.  So reconcile
>> will always be a month behind.
> 
> I think you may be misunderstanding what the reconcile feature is for.
> You should reconcile when you receive a statement from the bank.  The
> purpose of reconciling is to match transactions you have entered
> against those in the statements.  As far as reconciling is concerned
> the dates of transactions are irrelevant, only the amounts are
> important.
> 
> There is usually no need to manually change the reconcile column
> unless you have a particular reason for doing that.  Just let the
> reconcile process do it for you.
> 
> Colin
> 


True and I am finally understanding what is happening.
Thank you.