On Tuesday, 18 June 2019 10:45:17 BST ToddAndMargo wrote: > On 6/18/19 1:54 AM, Maf. King wrote: > > Finish will be greyed out until you get the "difference" to 0 > > > 7 is what it suppose to ber! >
No it isn't. the £7 is either on you bank statement or is not (yet, because the bank haven't processed it (- perhaps they never will & you'll get lucky!)) You "reconcile" ie. "check that you agree with each transaction that appears on" your bank statement, and ensure that the bank haven't made a payment twice or got some digits wrong. that does not mean that the bank know all about every transaction you have made instantly that you make it.... you are checking the bank is right in what they have done, but not that they have done everything. Also, they are not checking that you are right. I suppose it is a bit of a hang-over from pre-electronic transaction days - where cheques could sit for days in the post or on someone's desk. You know that you've written that check (hence spent the money), but the bank may take days or weeks to catch up with your better knowledge of what transactions you have made. Things these days are generally much more instant, although sometimes not as instant as we might like. HTH, Maf _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
