On Monday, 23 September 2024 22:40:12 BST Boniforti Flavio wrote: > 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. >
No problem. if i understand your flow correctly: You made various transactions in Dec 2023 (the opening balance) and recorded detailed transactions in Jan 2024. on (say) 20th Jan, You were sent a statement, which reconciled OK. on say 21 Jan, you pay that bill. Then you spend more during late jan & feb On Feb 20 you get a bill, and reconcile. Since the last statement, you have sent the CCard bank the payment for the Jan statement, so that is shown on the feb statement as a transaction which happened after the previous bill was sent? Does that explain why both sides get reconciled, even though the "bill payment" feels like you are seeing it a month late? or am I misunderstanding your question? 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.
