An excellent and simple explanation. On Thu, 12 Mar 2026 at 04:24, Harold Hallikainen via gnucash-user < [email protected]> wrote:
> > > On Wed, March 11, 2026 8:45 pm, Brook Milligan via gnucash-user wrote: > > > > >> On Mar 3, 2026, at 15:04, Kalpesh Patel <[email protected]> wrote: > > > I initiated a transaction on one day that just happened to be the day > > prior to a bank statement, and that statement did not include the > > transaction. Going through the GC reconciliation process, I find that > > the GC balance cannot match the bank balance because the former has > > included the transaction and the latter has not. To complete the > > reconciliation, I am forced to change the GC transaction date until some > > time following the bank statement date. > > > > Is that the correct way to handle this or is there some other option that > > I am not thinking of? > > It is quite common to have oustanding checks that have not yet cleared and > do not show on the statement (yet). When reconciling the account, you have > the statement starting balance (which is the ending balance from the > previous statement) and the statement ending balance. You then check off > all the deposits and checks (or other charges) that have cleared. The > reconciliation keeps track of the difference between the cleared balance > in GC and the statement ending balance. When reconciliation is complete, > the difference is zero, and you are done! You should not need to change > any dates. I always use the date the check is written and do not change it > after that. > > Harold > > > > -- > Not sent from an iPhone. > _______________________________________________ > gnucash-user mailing list > [email protected] > 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 [email protected] 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.
