[GNC] Reconciliation question

[Maf. King]

On Monday, 23 September 2024 18:31:48 BST Boniforti Flavio wrote:
> Oh, ok!
> So I have to tick "R"econcile on the left part (Funds In) as well?! Indeed,
> by doing so it lets me finish the reconciliation.
> Now I'm curious to understand why it has to be done like this - can you
> explain?
> F.

To "reconcile" means (more or less) "to come to an agreement"

You and the bank come to "agree" on the state of your account at some point in 
time..... You "reconcile" your version against their statement.  If (for 
example) they have charged you twice for something, then you tell them and 
hopefully get a resolution you are happy with.

naturally, you want to agree on both funds in and funds out of the account!

HTH,
Maf.