[GNC] what is best reconcile/update procedure?

[Fred Bone]

On 19 January 2025 at 1:53, Ken Pyzik said:

> All — First, I want to apologize for the length of this rant.  We will
> always agree to disagree on this subject.  Please understand, I am a
> retired 30 year bank auditor.  I know the purpose of what a reconciliation
> is.  But what I don't understand is this obsession with doing monthly
> reconciliations for personal accounts on your computer.
> 
> First, I have not received a "paper" statement from my bank in over 20
> years.

Other people, however (me, for example), may well be receiving them and 
may reasonably wish to reconcile their view of the relevant account with 
the institution's. 

Speaking purely for myself, I have more than once found an error on the 
part of my bank.

I hope this will enable you to "understand" my "obsession".