[GNC] Kind of a Philosophical Question about Transaction Dates

[Brook Milligan]

> On Mar 3, 2026, at 15:04, Kalpesh Patel <kalpesh.patel at usa.net> wrote:
> 
> I normally put the date that I transact, and then when I reconcile from the downloaded monthly statement comes out I have it updated to the one that financial institution says so.

I also typically use the date I initiate the transaction and generally do not change the GC date to match bank statements (although I usually note in the description when the bank posted a transaction).  

However, now I am facing a problem that I’m not certain this thread has addressed.

I initiated a transaction on one day that just happened to be the day prior to a bank statement, and that statement did not include the transaction.  Going through the GC reconciliation process, I find that the GC balance cannot match the bank balance because the former has included the transaction and the latter has not.  To complete the reconciliation, I am forced to change the GC transaction date until some time following the bank statement date.

Is that the correct way to handle this or is there some other option that I am not thinking of?

Thanks for your help.

Cheers,
Brook