Rich:
You have received several replies, but I have a sense that some of them
are talking past you. The issue may be that the term "Starting Balance"
can mean multiple things in GnuCash.
On 2023-04-26 06:09, Rich James wrote:
I'm trying to resolve some reconciliation issues and decided to
A brand new credit account would have a zero balance. A brand new cash or
checking account *could* have the initial deposit as the starting balance.
Am I completely off the rails here?
I wouldn't say completely.
But because folks new to double entry bookkeeping can be tripped up by
Hi, It's not Derek that asked the question, but me.
That being said, I tried again today to reconcile using my latest statement
and now I am able to reconcile correctly. I honestly don't know why it was
so off yesterday. I've used gnuCash for years and have never had the issue
I originally
H. Yes I did mean Rich. I was assuming he was just getting started
and that he cancelled his reconciliation because it didn't work for him.
My starting balance in all my reconcilable (?) accounts was not zero. When
I created the accounts I entered the ending balance of the previous
Hi,
On Wed, April 26, 2023 10:09 am, Phyllis Bruce wrote:
> Derek, when you *first came into Gnucash* did you enter current balances
> as
> equity? Any balance on a credit card would be negative to equity. Your
> cash accounts would be positive. It's not too late to do that. Enter the
>
Derek, when you *first came into Gnucash* did you enter current balances as
equity? Any balance on a credit card would be negative to equity. Your
cash accounts would be positive. It's not too late to do that. Enter the
beginning balance on the statement you are trying to reconcile as equity
Hi,
On Wed, April 26, 2023 9:09 am, Rich James wrote:
> I'm trying to resolve some reconciliation issues and decided to go back to
> my first statement from last year when I opened the account to establish
> that everything is balanced. However, when I start to reconcile and put
> in
> the
I'm trying to resolve some reconciliation issues and decided to go back to
my first statement from last year when I opened the account to establish
that everything is balanced. However, when I start to reconcile and put in
the statement date and ending balance, the reconciliation window shows a
