[GNC] Kind of a Philosophical Question about Transaction Dates
Brook Milligan
brook at biology.nmsu.edu
Thu Mar 12 11:38:13 EDT 2026
> On Mar 11, 2026, at 22:20, Harold Hallikainen via gnucash-user <gnucash-user at gnucash.org> wrote:
>
> On Wed, March 11, 2026 8:45 pm, Brook Milligan via gnucash-user wrote:
>
> It is quite common to have oustanding checks that have not yet cleared and
> do not show on the statement (yet). When reconciling the account, you have
> the statement starting balance (which is the ending balance from the
> previous statement) and the statement ending balance. You then check off
> all the deposits and checks (or other charges) that have cleared. The
> reconciliation keeps track of the difference between the cleared balance
> in GC and the statement ending balance. When reconciliation is complete,
> the difference is zero, and you are done! You should not need to change
> any dates. I always use the date the check is written and do not change it
> after that.
Thanks for taking the time to write a helpful description (and to all the rest as well). This, of course, was operator error amplified by the discussion, which got me thinking off track. I do appreciate your thorough responses, which I hope will be helpful to others.
Cheers,
Brook
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