[GNC] New Balance entry

[David Cousens]

Finbar,

Not sure what you mean by new balance entry. The reconcile dialogue comes up
requesting the following:

Statement date - enter the closing date on the statement from the bank. It will
supply a closing date based on the statement date at which the last
reconciliation was doneand usually adds one month.

The Starting Balance is calculated and displayed - This is the total balance of
all splits in the account which have already been reconciled. This should be
equal to the Opening Balance indicated on the statement from the bank. If not it
indicates that a previous reconciliation is incorrect eithr in your books or the
banks statement - rare but it can happen

The Ending Balance This requires you to enter the value of the closing balance
from the bank statement.

Some banks add their interest payment (or interest charge for a credit card
account) at the end of the statement and it may not have been enetered into your
books. If this is the case use the "Enter Interest Payment" button to add a
transaction to include the interest payment  without halting the reconciliation.

Then press the "OK" button to continue. 

David Cousens
On Wed, 2023-10-25 at 15:21 +0200, Mahon Finbar via gnucash-user wrote:
> Hi,
> 
> After my previous experiences on here, I am almost afraid to ask a new 
> question, but, here goes.
> 
> When Reconciling, what exactly is the effect of introducing a "new 
> balance entry" as is available as the first option on the bar.
> 
> There is nothing under the help that I could identify.
> 
> Thanks, Finbar
> 
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