An alternative is simply to take the latest statement you have and reconcile everything up to and including the transactions in the statement you are using. Presumably, if everything is OK, then the closing balance should match. Of course, any discrepancies force you to follow David C.'s advice.
This begs the question: how exactly does one reconcile a later month *without* clearing those earlier transactions? David T. On Nov 8, 2024, 10:27 PM, at 10:27 PM, David Cousens <davidcousen...@gmail.com> wrote: >Tom, >"I'm now trying to reconcile a statement which is earlier in time than >the >(later) month I reconciled yesterday. Could that be messing up the >"starting balance" in the reconcile window?" > >That is definitely the problem. Reconciliation is a sequential process. >The starting balance will only be valid at the start of the >reconciliation period if all transaction splits to that account before >the start date have been reconciled in your accounts with that external >record. Your reconciliation is being done to an external record, bank >statement or similar, and what is important is whether the transaction >splits that appear on that external record and all such previously >reconciled external statements have been matched correctly to the >corresponding splits in your accounts. Dates at which you recorded >events may differ in date and timing from the bank or external entity's >record of the event. > >Easiest fix is to unreconcile the transactions in May and then starting >with the last statement where all previous statements have been >reconciled, continue reconciling forward ensuring the starting and >closing balances match at the end of each reconciliation period before >going to the next. > > >David Cousens > >On Fri, 2024-11-08 at 14:10 -0500, Tom Balazs wrote: >> "Starting Balance (fixed from last reconciliation)" >> I'm now trying to reconcile a statement which is earlier in time than >> the >> (later) month I reconciled yesterday. Could that be messing up the >> "starting balance" in the reconcile window? >> >> I'm trying to reconcile a past credit card statement. This is one >> that I >> think I reconciled in the past, but I'm going back a few months to >> track >> down a discrepancy. >> The transactions in the GnuCash reconcile window are now matched to >> the >> transactions on the credit card statement. >> In GnuCash, "Funds In" (the sum of the credit card payment and other >> debits) matches the number on the credit card statement >> In GnuCash, "Funds Out" (the sum of the charge transactions) matches >> the >> number on the credit card statement >> >> So that just leaves me to look at the "Reconcile Information" >> Statement Date: the ending date for this cc statement >> * Starting Balance: Where does the "starting balance" come from? * >> ... Does GnuCash use a value from the previous time I reconciled? >> What if >> I am now reconciling February, but last week I reconciled May? >> Ending Balance: the "new balance" on my credit card statement >> >> The "starting balance" could be why my "payments made" minus charges >> does >> not match my monthly statement's "new balance". >> >> The user manual says: >> '5.8.1. Reconciling Information >> The Reconcile Information dialog is used to indicate the closing >> Statement >> Date and the Starting Balance (fixed from last reconciliation) and >> Ending >> Balance from the statement. The Include Sub-accounts check-box is >> used if >> one or more subaccounts are used to track the account you are >> reconciling. >> The Enter Interest Payment button is used to add a transfer to the >> accounts >> for an interest payment. If selected a dialog will be displayed to >> add the >> Section 5.8.1.1, “Interest Payment” to the account.' >> _______________________________________________ >> 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. _______________________________________________ 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.
