[GNC] Reconciliation with a strange opening balance

[David Carlson]

My bank just this morning went through another iteration of fine tuning
their procedures, which I have yet to process.  However, I hope they still
have monthly statements, whether mailed or only online to reconcile
against.  They may be identified only by account number and month, but so
far they have been sufficiently immutable to be  positively identified
years later with an identifiable date interval for reconciliation

..

On Wed, Nov 15, 2023 at 9:41 AM R Losey <rlosey at gmail.com> wrote:

> I don't get statements with numbers to use - my checkbooks are reconciled
> monthly to whatever the current online balance is, so what GnuCash does now
> is just what I need.
>
> On Wed, Nov 15, 2023 at 8:27 AM Christopher Lam <christopher.lck at gmail.com
> >
> wrote:
>
> > A bit tangential to the issue of reconciliation is that fundamentally IMV
> > reconciliation means to marry up (aka reconcile) the physical periodic
> > (monthly/quarterly/annually) bank statements *against* your own books
> which
> > carry the canonical data which hopefully supports your financial
> activity.
> >
> > Gnucash reconciliation only stores, for each reconciliation:
> >
> >    - an account's last Reconciliation date
> >    - each split's reconciliation status n/c/y,
> >    - each split's reconciliation date (which is the same as the last
> >    Reconciliation date).
> >
> > It doesn't store other info such as: starting balance, statement number;
> > and doesn't store the reconciled starting and ending balances.
> >
> > It *could* be transformed to store all these additional data:
> >
> >    - statement ID number
> >    - statement's start and ending date
> >    - statement's start and ending balance
> >    - list of splits identified within the statement
> >
> > And would be somewhat more robust (ie you could ask gnucash to display
> the
> > contents of the feb2014 statement), and we would potentially be able to
> > re-reconcile a previous statement (e.g. I deleted an old reconciled split
> > in error and wish to re-reconcile its statement) but this would require a
> > complete backward-incompatible upgrade in the internal data schema, there
> > doesn't seem to be a demand of it, nor manpower to implement it, and I
> > think it's simply overkill.
> >
> > Thus the reconciliation is currently limited to the state that exists
> > currently.
> >
> > E&OE
> >
> > On Mon, 13 Nov 2023, 11:21 pm Mahon Finbar via gnucash-user, <
> > gnucash-user at gnucash.org> wrote:
> >
> > > Hello,
> > >
> > > The recent discussion on reconciliation was helpful in trying to sort
> > > out some anomalies I have.
> > >
> > > When I do the latest reconciliation of one of my accounts the opening
> > > balance is 10,448.43 and gives me an amount of inbalance which is way
> > off.
> > >
> > > Following the advice in the recent posts I tried working backwards to
> > > see if I could find any errors.
> > >
> > > I got close to 0.00 from time to time and was satisfied enough to
> > > consider a balancing entry, but was intrigued on where the 'error'
> might
> > > have been.
> > >
> > > I set off to see where, but, in the course of my search, I tried to
> find
> > > the number 10,443.43 in the account, as a baseline, but didn't find
> one.
> > >
> > > If I understand the process of reconciliation the number should be
> > > somewhere in the account, should it not??
> > >
> > > Just tell me I am barking up the wrong tree, if I am making an error.
> > >
> > > Finbar
> > >
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>
> --
> _________________________________
> Richard Losey
> rlosey at gmail.com
> Micah 6:8
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-- 
David Carlson