Re: [GNC] Recording medical reimbursements

[Mahon Finbar via gnucash-user]

FWIW, I do the same, since the insurance are not generous, I have a 
'solde' to pay ;)


Finbar

On 07/11/2023 05:17, Jediator wrote:
I would use the same expense account to record refund, since the 
refund reduces your medical expenses.


-- JC

On 11/6/23 10:53 PM, Andrew Gross wrote:

I have various expense accounts for medical expenses. When I receive an
insurance check, I record these against the medical expense accounts 
so the
yearly totals will show (approximately) what I have actually paid 
over the
year. Lately, I have been wondering if these reimbursement checks 
should be

going to their own account, not necessarily an income account as
reimbursements aren't income (right?) -- maybe a medical expense contra
account?

Thoughts?

Andrew
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Re: [GNC] Recording medical reimbursements

[Michael or Penny Novack]

On 11/6/2023 10:53 PM, Andrew Gross wrote:

I have various expense accounts for medical expenses. When I receive an
insurance check, I record these against the medical expense accounts so the
yearly totals will show (approximately) what I have actually paid over the
year. Lately, I have been wondering if these reimbursement checks should be
going to their own account, not necessarily an income account as
reimbursements aren't income (right?) -- maybe a medical expense contra
account?


This is the one case I can think of when old fashioned ledger paper 
worked better, an account with a single contra account. That's because 
debits and credits were on separate facing pages (when the ledger was 
open). Essentially every account  had a "contra" in the form of the 
opposite facing page.


My way (with modern software like gnucash) is to use a parent account < 
say "medical expenses" > under which I'd have two children, "paid" and 
"reimbursed". But if reimbursements were very rare, I might just have 
them as credits to a single "medical expenses" account. << if there are 
only one or two, "which one?" or "is a reimbursement missing?" not 
troublesome. But if 50 of them, both questions could arise, so want 
easier to find/see.


Michael D Novack


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[GNC] Account reconciliation -- Gnucash's beginning balance is incorrect.

[John Reagan]

Hello!


    I have been using Gnucash for years to keep track of my personal 
finances and it has always done a good job for me. However, recently I 
was trying to reconcile my checking account and the starting balance in 
Gnucash's reconciliation popup window was not only wrong, but showed a 
negative balance.  (I attached a screenshot of that popup window FYI.)  
I'm reconciling my August 2023 statement that shows an ending balance of 
$1378.00 (the correct amount, so this should have just been a slam-dunk 
reconciliation) but the starting balance for that period was $299.46 
which is the reconciled balance at the end of July. Instead, Gnucash is 
showing a starting balance of $ -200.54.


    I tried entering a correction transaction of $200.54, but it didn't 
change anything.


    So, any ideas as to what went wrong and how to fix this? Thanks.

John


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Re: [GNC] Account reconciliation -- Gnucash's beginning balance is incorrect.

[Gyle McCollam]

AS long as the ending balance is correct, you are good.  Delete the correction 
transaction and procedd as normal.


Thank You,

Gyle McCollam

Gyle McCollam

gmccol...@live.com   email


From: gnucash-user  on 
behalf of John Reagan 
Sent: Tuesday, November 7, 2023 12:26 PM
To: gnucash-user@gnucash.org 
Subject: [GNC] Account reconciliation -- Gnucash's beginning balance is 
incorrect.

Hello!


 I have been using Gnucash for years to keep track of my personal
finances and it has always done a good job for me. However, recently I
was trying to reconcile my checking account and the starting balance in
Gnucash's reconciliation popup window was not only wrong, but showed a
negative balance.  (I attached a screenshot of that popup window FYI.)
I'm reconciling my August 2023 statement that shows an ending balance of
$1378.00 (the correct amount, so this should have just been a slam-dunk
reconciliation) but the starting balance for that period was $299.46
which is the reconciled balance at the end of July. Instead, Gnucash is
showing a starting balance of $ -200.54.

 I tried entering a correction transaction of $200.54, but it didn't
change anything.

 So, any ideas as to what went wrong and how to fix this? Thanks.

John


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Re: [GNC] Account reconciliation -- Gnucash's beginning balance is incorrect.

[John Reagan]

Thanks for replying.  However, it doesn't work out as being okay.  When 
I use the */actions/reconcile/ *menu choice to reconcile my account, 
that false beginning balance is factored into the final balance.  Where 
it should be zero difference between cleared and reconciled balances, 
there is a false number.



How is that beginning balance calculated?  If I can check on the numbers 
that are used to calculate the beginning balance, I should be able to 
find the mistake that is generating that error.



John




On 11/7/23 9:39 AM, Gyle McCollam wrote:
AS long as the ending balance is correct, you are good.  Delete the 
correction transaction and procedd as normal.


Thank You,

*Gyle McCollam*

Gyle McCollam

gmccol...@live.com email


*From:* gnucash-user 
 on behalf of John 
Reagan 

*Sent:* Tuesday, November 7, 2023 12:26 PM
*To:* gnucash-user@gnucash.org 
*Subject:* [GNC] Account reconciliation -- Gnucash's beginning balance 
is incorrect.

Hello!


 I have been using Gnucash for years to keep track of my personal
finances and it has always done a good job for me. However, recently I
was trying to reconcile my checking account and the starting balance in
Gnucash's reconciliation popup window was not only wrong, but showed a
negative balance.  (I attached a screenshot of that popup window FYI.)
I'm reconciling my August 2023 statement that shows an ending balance of
$1378.00 (the correct amount, so this should have just been a slam-dunk
reconciliation) but the starting balance for that period was $299.46
which is the reconciled balance at the end of July. Instead, Gnucash is
showing a starting balance of $ -200.54.

 I tried entering a correction transaction of $200.54, but it didn't
change anything.

 So, any ideas as to what went wrong and how to fix this? Thanks.

John



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Re: [GNC] Account reconciliation -- Gnucash's beginning balance is incorrect.

[David Carlson]

John,

If you review which transactions you are marking as reconciled while you
perform the reconciliation, you will note that the list does not exactly
match the list on your bank statement.  The transactions that do not match
will make up the difference, which could be missing from either list,
depending on the source of the error.  That information should aid in
finding the error.

It is possible that some old transactions in your data are no longer marked
as reconciled or more recently marked transactions are, or worse yet, some
transactions or split lines have disappeared or been added as a result of
some other error.

You can make the effort to find and correct whatever caused the discrepancy
or allow GnuCash to create a correcting transaction if necessary to offset
an error that is too difficult to track down.

On Tue, Nov 7, 2023, 12:04 PM John Reagan  wrote:

> Thanks for replying.  However, it doesn't work out as being okay.  When
> I use the */actions/reconcile/ *menu choice to reconcile my account,
> that false beginning balance is factored into the final balance.  Where
> it should be zero difference between cleared and reconciled balances,
> there is a false number.
>
>
> How is that beginning balance calculated?  If I can check on the numbers
> that are used to calculate the beginning balance, I should be able to
> find the mistake that is generating that error.
>
>
> John
>
>
>
>
> On 11/7/23 9:39 AM, Gyle McCollam wrote:
> > AS long as the ending balance is correct, you are good.  Delete the
> > correction transaction and procedd as normal.
> >
> > Thank You,
> >
> > *Gyle McCollam*
> >
> > Gyle McCollam
> >
> > gmccol...@live.com email
> >
> > 
> > *From:* gnucash-user
> >  on behalf of John
> > Reagan 
> > *Sent:* Tuesday, November 7, 2023 12:26 PM
> > *To:* gnucash-user@gnucash.org 
> > *Subject:* [GNC] Account reconciliation -- Gnucash's beginning balance
> > is incorrect.
> > Hello!
> >
> >
> >  I have been using Gnucash for years to keep track of my personal
> > finances and it has always done a good job for me. However, recently I
> > was trying to reconcile my checking account and the starting balance in
> > Gnucash's reconciliation popup window was not only wrong, but showed a
> > negative balance.  (I attached a screenshot of that popup window FYI.)
> > I'm reconciling my August 2023 statement that shows an ending balance of
> > $1378.00 (the correct amount, so this should have just been a slam-dunk
> > reconciliation) but the starting balance for that period was $299.46
> > which is the reconciled balance at the end of July. Instead, Gnucash is
> > showing a starting balance of $ -200.54.
> >
> >  I tried entering a correction transaction of $200.54, but it didn't
> > change anything.
> >
> >  So, any ideas as to what went wrong and how to fix this? Thanks.
> >
> > John
> >
> >
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Re: [GNC] Account reconciliation -- Gnucash's beginning balance is incorrect.

[G R Hewitt]

One of the things (amongst many) I used to do when trying to track down
reconciliation problems - such as yours
in this case - was to look for the running balance total of the account in
question that matched the start balance shown.
This often flagged up errors of one sort or another that when corrected
resulted in a correct start balance.
Other things I looked for were: correct date for the entry, correct
statement date, correct amount, correct side of the ledger, duplicated
transactions
and had any transactions been unreconciled or reconciled in error.

You might also run the 'Reconcilliation report'; I have found that very
handy for checking errors - and if you printed it off
you could check it against the bank statement line by line; I always found
paper to be better than looking at the screen.

When I had multiple errors - in a business where too many people, for my
liking, had access - I would download the bank into Excel and export from
Sage (as was the case) into
the same sheet and sort the columns with a short comparison script that
flagged discrepancies between the columns.

You will find the error if you look for it, but it can be a tedious job.

G

On Tue, 7 Nov 2023 at 18:51, David Carlson 
wrote:

> John,
>
> If you review which transactions you are marking as reconciled while you
> perform the reconciliation, you will note that the list does not exactly
> match the list on your bank statement.  The transactions that do not match
> will make up the difference, which could be missing from either list,
> depending on the source of the error.  That information should aid in
> finding the error.
>
> It is possible that some old transactions in your data are no longer marked
> as reconciled or more recently marked transactions are, or worse yet, some
> transactions or split lines have disappeared or been added as a result of
> some other error.
>
> You can make the effort to find and correct whatever caused the discrepancy
> or allow GnuCash to create a correcting transaction if necessary to offset
> an error that is too difficult to track down.
>
> On Tue, Nov 7, 2023, 12:04 PM John Reagan  wrote:
>
> > Thanks for replying.  However, it doesn't work out as being okay.  When
> > I use the */actions/reconcile/ *menu choice to reconcile my account,
> > that false beginning balance is factored into the final balance.  Where
> > it should be zero difference between cleared and reconciled balances,
> > there is a false number.
> >
> >
> > How is that beginning balance calculated?  If I can check on the numbers
> > that are used to calculate the beginning balance, I should be able to
> > find the mistake that is generating that error.
> >
> >
> > John
> >
> >
> >
> >
> > On 11/7/23 9:39 AM, Gyle McCollam wrote:
> > > AS long as the ending balance is correct, you are good.  Delete the
> > > correction transaction and procedd as normal.
> > >
> > > Thank You,
> > >
> > > *Gyle McCollam*
> > >
> > > Gyle McCollam
> > >
> > > gmccol...@live.com email
> > >
> > >
> 
> > > *From:* gnucash-user
> > >  on behalf of John
> > > Reagan 
> > > *Sent:* Tuesday, November 7, 2023 12:26 PM
> > > *To:* gnucash-user@gnucash.org 
> > > *Subject:* [GNC] Account reconciliation -- Gnucash's beginning balance
> > > is incorrect.
> > > Hello!
> > >
> > >
> > >  I have been using Gnucash for years to keep track of my personal
> > > finances and it has always done a good job for me. However, recently I
> > > was trying to reconcile my checking account and the starting balance in
> > > Gnucash's reconciliation popup window was not only wrong, but showed a
> > > negative balance.  (I attached a screenshot of that popup window FYI.)
> > > I'm reconciling my August 2023 statement that shows an ending balance
> of
> > > $1378.00 (the correct amount, so this should have just been a slam-dunk
> > > reconciliation) but the starting balance for that period was $299.46
> > > which is the reconciled balance at the end of July. Instead, Gnucash is
> > > showing a starting balance of $ -200.54.
> > >
> > >  I tried entering a correction transaction of $200.54, but it
> didn't
> > > change anything.
> > >
> > >  So, any ideas as to what went wrong and how to fix this? Thanks.
> > >
> > > John
> > >
> > >
> > ___
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> >
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