What is missing from comments so far is, if I understand correctly, the intended purpose of that button is for when a user wants to correct the reconciled balance of the account for that date without trying to find and correct previous errors, this will create a transaction to complete the reconciliation for that purpose.
On Wed, Oct 25, 2023, 2:42 PM David Cousens <davidcousen...@gmail.com> wrote: > Finbar, > > Not sure what you mean by new balance entry. The reconcile dialogue comes > up > requesting the following: > > Statement date - enter the closing date on the statement from the bank. It > will > supply a closing date based on the statement date at which the last > reconciliation was doneand usually adds one month. > > The Starting Balance is calculated and displayed - This is the total > balance of > all splits in the account which have already been reconciled. This should > be > equal to the Opening Balance indicated on the statement from the bank. If > not it > indicates that a previous reconciliation is incorrect eithr in your books > or the > banks statement - rare but it can happen > > The Ending Balance This requires you to enter the value of the closing > balance > from the bank statement. > > Some banks add their interest payment (or interest charge for a credit card > account) at the end of the statement and it may not have been enetered > into your > books. If this is the case use the "Enter Interest Payment" button to add a > transaction to include the interest payment without halting the > reconciliation. > > Then press the "OK" button to continue. > > David Cousens > On Wed, 2023-10-25 at 15:21 +0200, Mahon Finbar via gnucash-user wrote: > > Hi, > > > > After my previous experiences on here, I am almost afraid to ask a new > > question, but, here goes. > > > > When Reconciling, what exactly is the effect of introducing a "new > > balance entry" as is available as the first option on the bar. > > > > There is nothing under the help that I could identify. > > > > Thanks, Finbar > > > > _______________________________________________ > > 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.
