[GNC] Reconciliation discrepancies

[davidcousens49 at gmail.com]

Rich

Have been using GnuCash for a similar period of time and have not noticed any
reconciliation problems (other than those reported as bugs on the list - any
that are are generally fixed pretty quickly) up to v4.9, particulaarly in recent
versions.  Haven't yet done a reconciliation with 4.10.  

Anytime I have had a problem it has usually been a transposition, date errors
and or missing transaction from the reconciliation period and different ordering
in GnuCash and in the banks record leading to me missing a transaction.
Scheduled transactions if you have them might have different values from the
bank's as might interest calculations if you calculate them yourself. I have had
problems where the bank has a completely different order from my own entries and
even the imported OFX entries because of clearance requirements for entry into
the statement at the bank end.

Have you tried checking the bank's balance by importing their opening and
closing balances and transactions into a spread sheet and summing them?
Unfortunately most pdfs will not import tables cleanly into most spreadsheets
but I have resorted to entering the numbers by hand (individually cut and paste)
to check. Only once have I discovered a bank error and they were most
apologetic.

David Cousens

On Mon, 2022-04-11 at 16:09 -0700, Rich Shepard wrote:
> On Mon, 11 Apr 2022, Gyle McCollam wrote:
> 
> > These may not apply, but check that your reconciliation date is the same
> > as the bank's. Also, check the dates of the transactions as GC shows
> > transaction past the reconciliation date, that you don't want to
> > reconcile. The ending balance that GC shows for the reconciliation can be
> > changed, so put in the bank's balance and see if you get a zero
> > difference.
> 
> Gyle,
> 
> I check both the reconciliation date and that date's balance. There are
> discrepancies between the purchase date entered in GnuCash and when the
> transaction cleared the bank but those are immaterial.
> 
> As an aside, I've used GnuCash for more than two decades, starting in 1997.
> These large, sporatic discrepancies appeared only a few years ago, long
> after I moved my business and personal accounts to my current bank. I did
> catch the bank several years ago for charging me twice for the same Amazon
> purchase and my banker had that quickly fixed. That was the only obvious
> error I've seen.
> 
> Thanks,
> 
> Rich
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