Great - Thanks David C. for validating my understanding.
BR,
Flavio.
https://www.instagram.com/boniforti_music
https://soundcloud.com/boniforti_music
https://bonny-j.bandcamp.com
Am Di., 24. Sept. 2024 um 23:32 Uhr schrieb David Cousens <
davidcousen...@gmail.com>:
>
> Yes that is the reconcili
Yes that is the reconciliation process and why there are two panes in
the reconciliation window. The timing depends a lot upon how you use
your credit card, when the payments are made but generally those paying
off the charges from a previous statement period will take place during
the following
Thanks - but when it comes to learning stuff, I actually feel more
comfortable to start learning in English :-)
F.
https://www.instagram.com/boniforti_music
https://soundcloud.com/boniforti_music
https://bonny-j.bandcamp.com
Am Di., 24. Sept. 2024 um 19:29 Uhr schrieb Tommy Trussell <
tommy.trus
On Tue, Sep 24, 2024 at 12:16 PM Boniforti Flavio
wrote:
>
> Please excuse me that it's in German, but this is how it looks like for
> the latest credit card bill
>
Your English seems to be very good, but you may not realize GnuCash has a
German language list (as well as other languages). I hope
Hi David.
Maybe I'm understanding it now... let me try:
when I get the credit card bill I reconcile the "Funds Out" by matching
what I see in the right part of the pop-up in GC against the entries listed
in the credit card bill;
at the same time I have to reconcile the "Funds In" by matching that n
Flavio,
If you look at your bank statement for the Credit card it records both
the charges you made against the account (Funds Out) and the Payments
received by the bank in that period (Funds In), which in most cases
will be payment of an amount for the previous periods bill and
similarly the Cr
Flavio,
As well as those two times, the bill usually includes a statement of
transactions from a specific date to another specified date, usually
1st of the month to the last day of the month. When you are reconciling
you are making sure your record of the transactions and the banks are
in agreeme
Consider if you had returned charges, or a cashback credit... they would
show up in the left side and need to be reconciled. Or what if you typo'd a
payment... you owned 102 and paid 120?
Certainly you want to reconcile BOTH the funds in and the funds out.
On Mon, Sep 23, 2024 at 4:41 PM Bonifor
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 reco
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 u
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
hat either
> > other members can assist or can learn.
> >
> >
> >
> > *From:* Boniforti Flavio
> > *Sent:* Monday, September 23, 2024 12:54 PM
> > *To:* Kalpesh Patel
> > *Subject:* Re: [GNC] Reconciliation question
> >
> >
> >
>
r can learn.
>
>
>
> *From:* Boniforti Flavio
> *Sent:* Monday, September 23, 2024 12:54 PM
> *To:* Kalpesh Patel
> *Subject:* Re: [GNC] Reconciliation question
>
>
>
> Thank you Patel.
>
> This leads to the next question: why am I not able to click "Fin
: Monday, September 23, 2024 12:54 PM
To: Kalpesh Patel
Subject: Re: [GNC] Reconciliation question
Thank you Patel.
This leads to the next question: why am I not able to click "Finish" when doing
this? I do know that I have other credit card transactions which have not yet
been recon
Assuming your statement shows the payment (and I'm sure it does), yes --
you need to reconcile the payment as well as the charges.
Why? Well, the GnuCash reconciliation screen separates the credits and
debits into two different columns. The alternative would be one column with
positive and negativ
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.
https://www.instagram.com/boniforti_music
https://soundcloud.com/boniforti_music
The system will not allow you to select "Finish" until the reconciliation
is complete -- that is, the difference is zero. In your example below, it
appears that you neglected to mark the payment as reconciled.
On Mon, Sep 23, 2024 at 12:23 PM Boniforti Flavio
wrote:
> Thank you Richard.
> I rep
Thank you Richard.
I replied to Patel, but forgot to "reply to all" - so here it is:
This leads to the next question: why am I not able to click "Finish" when
doing this? I do know that I have other credit card transactions which have
not yet been reconciled (I'm registering transactions from the
On Mon, Sep 23, 2024 at 11:20 AM Boniforti Flavio
wrote:
> Hi there.
>
> When I reconcile my credit card, I'm faced with two dates:
> - the date when the bill was created (e.g. 13.02.2024);
> - the date when the bill was paid from my checking account (e.g.
> 28.02.2024)
>
> When I reconcile, what
, 2024 12:19 PM
To: gnucash-user@gnucash.org
Subject: [GNC] Reconciliation question
Hi there.
When I reconcile my credit card, I'm faced with two dates:
- the date when the bill was created (e.g. 13.02.2024);
- the date when the bill was paid from my checking account (e.g. 28.02.2024)
W
Hi there.
When I reconcile my credit card, I'm faced with two dates:
- the date when the bill was created (e.g. 13.02.2024);
- the date when the bill was paid from my checking account (e.g. 28.02.2024)
When I reconcile, what date should I enter? The billing date or the date of
the effective payme
OK, I figured out how to reconcile the accounts. The account had no
activity in August 2018, so I just reconciled August so the starting
balance would be correct. I checked the three outstanding amounts, and it
reconciled.
Thanks for everyone's help!
Mark
On Sat, Sep 8, 2018 at 6:48 PM, Mark Phi
David,
I found the transactions because I was looking for them for another reason
unrelated to the reconciliation. I am sorry I went looking for them!
Mark
On Sat, Sep 8, 2018 at 6:47 PM, Mark Phillips
wrote:
> David,
>
> It didn't work. I entered the transactions for the correct date, and tri
David,
It didn't work. I entered the transactions for the correct date, and tried
to reconcile the account. However, the starting balance was wrong, so the
account would not reconcile. For some reason when I entered the statement
date (far in the past for the month I entered the transactions), the
Assuming that everything else is reconciled, all you really need to do is add
the missing transactions and re-reconcile. Ignore the starting balance, and
enter the same closing balance as your last statement. Those three items will
appear in the reconciliation window, you check them off, and
Mark,
I suggest trying your proposed fix on a test copy of your datafile. You
may find that you also need to re-reconcile other months or "indulge" in
some creative temporary offsetting transactions to get August or September
reconciliations to end with the correct ending balance. I have not tri
I was reconciling my bank statement for August 2018 the other day, and
everything balanced. Yeah!!
However, I also discovered that three transactions were inadvertently
deleted from October 2015 - two debits and one credit. Everything balances
because magically, the sum of the debits equals the cr
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