That's it. I entered -4448.88 where I should have entered 4448.88.
Thank you!

On Mon, Nov 27, 2023 at 6:35 PM Dale Alspach <alspac...@gmail.com> wrote:

> What did you enter as the ending balance in the popup when you started the
> reconciliation? You should have entered 4448.88.
> Dale
>
> On Mon, Nov 27, 2023 at 4:57 PM Tom Balazs <tom123onl...@gmail.com> wrote:
>
>> This statement period begins with a negative balance, so the very first
>> transaction (the first in the whole ledger) is in the right column, it is a
>> "charge" for $9,851.37.
>> Where a business refunded me $7.99 that appears in the left column as a
>> "payment".
>> When I paid down the credit card balance, that payment for $9,843.38 also
>> appears in the left column as a "payment".
>>
>> Tom
>>
>>
>> On Mon, Nov 27, 2023 at 5:49 PM Dale Alspach <alspac...@gmail.com> wrote:
>>
>>> When you look at the account register, you should see two columns next
>>> to the balance column. The column on the right (Charge or Increase if not
>>> using accounting labels) should begin with 9,851.37; all charges should
>>> be in that column as positive entries. All payments should be positive
>>> entries in the left column (label Payment or Decrease). The labels depend
>>> on whether you selected liability or credit card for the type of account.
>>>
>>> Dale
>>>  PS Always send mail to the list, too.
>>>
>>> On Mon, Nov 27, 2023 at 3:50 PM Tom Balazs <tom123onl...@gmail.com>
>>> wrote:
>>>
>>>> I see that Reverse Balanced Accounts is:
>>>>     Income and Expense: unchecked
>>>>     Credit Accounts: checked
>>>>     None: unchecked
>>>>
>>>> GnuCash 4.8
>>>> Ubuntu 22
>>>>
>>>> Tom
>>>>
>>>>
>>>> On Mon, Nov 27, 2023 at 4:44 PM Tom Balazs <tom123onl...@gmail.com>
>>>> wrote:
>>>>
>>>>> However, in my chart of accounts, I see that Credit Card 1 has a
>>>>> balance of positive $9,000.
>>>>> But my Loans show as a negative balance.
>>>>> Why is that?
>>>>>
>>>>> Tom
>>>>>
>>>>> On Mon, Nov 27, 2023 at 4:43 PM Tom Balazs <tom123onl...@gmail.com>
>>>>> wrote:
>>>>>
>>>>>> Yes, in my chart of accounts it is "Liabilities: Credit Card 1"
>>>>>>
>>>>>> Tom
>>>>>>
>>>>>> On Mon, Nov 27, 2023 at 4:41 PM Tom Balazs <tom123onl...@gmail.com>
>>>>>> wrote:
>>>>>>
>>>>>>> Under preferences I see "Accounts / Reverse Balanced Accounts" and
>>>>>>> Credit accounts is checked.
>>>>>>>
>>>>>>> Does that mean that a credit card balance of $100, is actually -$100
>>>>>>> in my net financial worth? In which case it is correctly checked?
>>>>>>>
>>>>>>> Tom
>>>>>>>
>>>>>>> On Mon, Nov 27, 2023 at 4:37 PM Tom Balazs <tom123onl...@gmail.com>
>>>>>>> wrote:
>>>>>>>
>>>>>>>> Yes, I have.
>>>>>>>>
>>>>>>>> Tom
>>>>>>>>
>>>>>>>> On Mon, Nov 27, 2023 at 2:27 PM Dale Alspach <alspac...@gmail.com>
>>>>>>>> wrote:
>>>>>>>>
>>>>>>>>> Have you cleared all of the transactions from your statement?
>>>>>>>>> Dale
>>>>>>>>>
>>>>>>>>> Dale
>>>>>>>>>
>>>>>>>>> On Mon, Nov 27, 2023, 12:02 PM Tom Balazs <tom123onl...@gmail.com>
>>>>>>>>> wrote:
>>>>>>>>>
>>>>>>>>>> I'm having trouble understanding the GnuCash Reconciliation
>>>>>>>>>> window.
>>>>>>>>>> Specifically, the Ending Balance, Reconciled Balance, and
>>>>>>>>>> Difference.
>>>>>>>>>> Note: I'm not using GnuCash for my personal finances. And I'm not
>>>>>>>>>> doing
>>>>>>>>>> that because I'm good with my finances. I have struggled with
>>>>>>>>>> this stuff.
>>>>>>>>>>
>>>>>>>>>> You may want to jump to the end of this message. But here is a
>>>>>>>>>> detailed
>>>>>>>>>> explanation of my situation.
>>>>>>>>>>
>>>>>>>>>> Credit Card Statement Says
>>>>>>>>>> Previous Balance: $9,851.37
>>>>>>>>>> Payments Made During This Statement Period
>>>>>>>>>> ... $9,843.38
>>>>>>>>>> ... $7.99
>>>>>>>>>> = $9,851.37 So I effectively begin this statement period with a
>>>>>>>>>> $0 balance
>>>>>>>>>> on my credit card.
>>>>>>>>>> Purchases $4,448.88
>>>>>>>>>> ... 69 purchase transactions
>>>>>>>>>>
>>>>>>>>>> GnuCash
>>>>>>>>>> What should my opening balance be?
>>>>>>>>>> In my Credit Card Ledger I begin with a transaction named "Opening
>>>>>>>>>> Balance", Transfer Account: "Equity: Opening Balances", Charge:
>>>>>>>>>> $9,851.37.
>>>>>>>>>> That shows in the "Equity: Opening Balances" ledger as a
>>>>>>>>>> "Decrease" of
>>>>>>>>>> $9,851.37.
>>>>>>>>>> So I begin this credit card statement period with a liability
>>>>>>>>>> balance of
>>>>>>>>>> $9,851.37.
>>>>>>>>>> Just as the Credit Card Statement says: Payments are Made During
>>>>>>>>>> This
>>>>>>>>>> Statement Period
>>>>>>>>>> ... $9,843.38
>>>>>>>>>> ... $7.99
>>>>>>>>>> = $9,851.37 Payments Made
>>>>>>>>>>
>>>>>>>>>> Then just as on the credit card statement I go on to make 69
>>>>>>>>>> purchase
>>>>>>>>>> transactions totaling $4,448.88.
>>>>>>>>>>
>>>>>>>>>> I go to the GnuCash Reconciliation window
>>>>>>>>>> ... Funds In Total: $9,851.37
>>>>>>>>>> ... Funds Out Total: $14,300.25
>>>>>>>>>> Simple math shows me: Funds Out $14,300.25 - Funds In $9,851.37 =
>>>>>>>>>> $4,448.88
>>>>>>>>>> So, I'm doing something right.
>>>>>>>>>>
>>>>>>>>>> But the GnuCash reconciliation window also shows me:
>>>>>>>>>> Ending Balance: -$4,448.88
>>>>>>>>>> Reconciled Balance: $4,448.88
>>>>>>>>>> Difference: $8,897.76
>>>>>>>>>> Shouldn't I get to "Difference = $0". This looks like it's
>>>>>>>>>> telling me I did
>>>>>>>>>> something wrong.
>>>>>>>>>> What am I missing here? Is this telling me that it is all matched
>>>>>>>>>> and
>>>>>>>>>> reconciled?
>>>>>>>>>> _______________________________________________
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>>>>>>>>>>
>>>>>>>>>
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