I agree that the statement is misleading... all it is trying to say is that if you reconcile a balance to $1000 and then add a transaction before the reconciliation date, the balance will change... (that is, if you add a $50 check, the balance will be $950 now instead of the $1000 you used.
For me, this is useless, as I do not reconcile my GnuCash account balance to the bank account balance; for years (longer than I have used GnuCash), I have reconciled the bank balance to my GnuCash balance. I have found it a much easier way. There is no problem with adding transactions prior to the reconciliation date, as long as they are un-reconciled transactions (and that is the default). There are potential problems when altering a reconciled transaction... I had horrible problems with this is Quicken, but GnuCash seems to deal with such cases better. On Tue, Jan 31, 2023 at 3:34 AM Dr. David Kirkby < drkir...@kirkbymicrowave.co.uk> wrote: > On Mon, 30 Jan 2023 at 19:46, R Losey <rlo...@gmail.com> wrote: > >> Normally, people 'reconcile' their records to the financial institution, >> marking the ones on which they agree as 'reconciled'. >> >> If everything went right, the accounts should balance, leaving the >> transactions that the bank doesn't know about... regardless of date. >> > > I was probably interpreting this > > https://cvs.gnucash.org/docs/C/gnucash-guide/txns-reconcile1.html > > incorrectly, where it says > > “ > Warning > > It is important to understand that reconciliation is done for a given > date, and when you reconcile an account based on a statement from a given > date, you are reconciling *all transactions prior to that date*. > Therefore, if you add or modify transactions that predate your last > reconciliation, your *reconciled* balances will be thrown off.” > > As far as I am aware, the transaction took place in June. So to add the > entry to GnuCash I needed to add a transaction that occurred prior to the > last reconciliation. > > I note that bit of the documentation starts cvs. Google found me that, but > I think the latest documentation doesn’t say quite the same thing. > > Dave > -- > Dr. David Kirkby, > Kirkby Microwave Ltd, > drkir...@kirkbymicrowave.co.uk > https://www.kirkbymicrowave.co.uk/ > Telephone 01621-680100./ +44 1621 680100 > > Registered in England & Wales, company number 08914892. > Registered office: > Stokes Hall Lodge, Burnham Rd, Althorne, Chelmsford, Essex, CM3 6DT, > United Kingdom > -- _________________________________ Richard Losey rlo...@gmail.com Micah 6:8 _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
