[GNC] Kind of a Philosophical Question about Transaction Dates
Stan Brown (using GC 4.14)
stan+gc at fastmail.fm
Mon Mar 2 20:14:31 EST 2026
On 2026-03-02 17:00, Tom Route36 wrote:
> For a timely example here: Let's say I made an online payment to my
> credit card account on Feb. 27th. The credit card company records the
> payment as posted on Feb. 27th. But my bank doesn't record the
> transaction until today, March 2nd. When recording this payment in
> GnuCash, which date would you use as the transaction date: Feb. 27th or
> March 2nd?
I use the date of the actual transaction, Fed 27 in your example. When
the bank posts it to my account, I change the reconciliation status from
n to c.
The banks where I have credit cards typically post transactions as of
the date they were made, even though it may take them a few days to do it.
Stan Brown
Tehachapi, CA, USA
https://BrownMath.com
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