Hi Maf. I understand reconciling the "Fund Out" - I compare the right part of the window with what's stated on the credit card bill. I have a hard time understanding the reconciliation of the "Funds In" part: when I reconcile the right part, I do have the old "Funds In" on the right... the one I used for reconciling the previous month...
So to me it feels like some sort of "delayed" reconciliation. First I agree on the "Funds Out" comparing the credit card bill of this month. Then the next month I will reconcile again the Funds Out with the credit card bill - but at the same time I have to reconcile the "previous" "Funds In"? Sorry, but maybe this is a lack of accounting knowledge on my end :-( F. https://www.instagram.com/boniforti_music https://soundcloud.com/boniforti_music https://bonny-j.bandcamp.com Am Mo., 23. Sept. 2024 um 23:29 Uhr schrieb Maf. King <m...@chilwell.net>: > On Monday, 23 September 2024 18:31:48 BST Boniforti Flavio wrote: > > Oh, ok! > > So I have to tick "R"econcile on the left part (Funds In) as well?! > Indeed, > > by doing so it lets me finish the reconciliation. > > Now I'm curious to understand why it has to be done like this - can you > > explain? > > F. > > To "reconcile" means (more or less) "to come to an agreement" > > You and the bank come to "agree" on the state of your account at some > point in > time..... You "reconcile" your version against their statement. If (for > example) they have charged you twice for something, then you tell them and > hopefully get a resolution you are happy with. > > naturally, you want to agree on both funds in and funds out of the account! > > 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 > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. > _______________________________________________ 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.
