On Apr 11, 2019, at 1:15 AM, ToddAndMargo via gnucash-user
<gnucash-user@gnucash.org> wrote:
On Apr 11, 2019, at 12:01 AM, ToddAndMargo via gnucash-user
<gnucash-user@gnucash.org> wrote:
Hi All,
On a credit card account, in the "R" column, what is "blank", "n", and "c"
stand for?
And does "R" stand for "reconcile"?
Many thanks,
-T
On 4/10/19 11:06 PM, Adrien Monteleone wrote:
Yes,
The ‘R’ column is a reconcile flag.
You can click between ’n’ - "not reconciled", and ‘c’ - “cleared".
When you reconcile against your statement, the ‘c’ items will be pre-checked
for you. When you finalize the reconciliation, all checked items will change
their flag to ‘y’ - “yes, reconciled”.
Note, all accounts have this column.
Regards,
Adrien
Hi Adrian,
I will be reconciling by hand from my bank's statements.
When I find an entry, do I manually change it to "c"?
Many thanks,
-T
On 4/10/19 11:25 PM, Adrien Monteleone wrote:> The ‘c’ flag is usually
set when you are confirming the charge/payment is in fact real. Some
people download transactions instead of entering them by hand, or they
periodically check their account online to see if something went
through. This is where you’d mark it ‘cleared’.
>
> It is not reconciled until it shows a ‘y’ and the only way to achieve
that is to use the Reconcile process in GnuCash. (there’s a button on
the toolbar for it)
>
> You specify your closing date and closing balance from your statement.
>
> You’ll get a window showing all payments and charges.
>
> You check off each one that matches as you find them on your statement.
>
> You then finalize the reconciliation. (which should show zero
variance to the closing balance)
>
> The first time might take a few minutes, but subsequent
reconciliations will be a breeze.
>
> Regards,
> Adrien
Hi Adrian,
"Breeze"? Oh no doubt after I get past the learning curve,
which is about to drive me insane!
Thank you for all the help. I am writing down every thing
you tell me in my GnuCash how to notes
-T
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