I won’t tell you how much trouble I had years ago when a bank employee accidentally keyed in the dollar portion of a check twice, and instead of a $621 check, I got tagged for $621,621. Imagine my surprise when I saw that my account was overdrawn by some $600,000…
David > On Jun 5, 2017, at 1:47 PM, prl <p...@ozemail.com.au> wrote: > > On 5/06/2017 18:24, Colin Law wrote: >> On 5 June 2017 at 03:21, Lincoln A Baxter <l...@lincolnbaxter.com> wrote: >>> If we all had the time and discipline to enter every transaction as it >>> was made, this is all true. Entering transactions as they are made is >>> very hard, and without a client that you carry with you it is virtually >>> impossible, even if one existed, it would be tedious. The fact is the >>> Bank is that application, they do it for you. They HAVE to! The >>> reason import exists and is widely used (I do), is that it saves the >>> time of entering all the transactions. >> It depends on whether you trust your bank and, for example, its OCR >> cheque reader. I keep all my receipts then it is easy to enter the >> transactions. A little tedious I agree but for most using this for >> personal accounts I imagine it is only a handful a day. For business >> users I would have thought that keeping receipts and entering >> transactions manually is mandatory. For cash I enter significant >> items (that I have kept receipts for) then balance the cash in hand >> with GC once a week or so, assigning the missing cash to >> Expenses:misc. >> >> Colin > It's not just the bank that can be the source of erroneous transactions. I've > had instances where I was double charged on a credit card (the same charge > twice for a single restaurant meal), and I was once double charged for my > home and contents insurance (again two transactions on the account for the > same amount for a single premium). In both cases it wasn't the "banks > application" that had made the error, it was the business making the charges. > The bank had done nothing wrong. > > Peter > > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > 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 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.