Hi, ToddAndMargo via gnucash-user <gnucash-user@gnucash.org> writes:
> okay, I am just not understanding. > > In the reconcile window > > 1) I presume "Statement Date" is my statement's closing > date? Correct. > 1) the statement date matches my bank statement Good. > 2) starting balance is 0 (it is not) I assume this is your first time reconciling in GnuCash? If so, that is correct. In general you can safely ignore the starting balance -- if there is a difference it means something "earlier" is not properly reconciled so you will need to click off "extra" stuff. > 3) Ending Balance matches my statement Good. If it doesn't you need to enter in the correct ending balance from your statement. > 4) there is a -$700 reconcile Balance. I presume there is a $700 opening balance in the account? Just reconcile that the first time, too. > I just do not understand Reconciliation is always "from the beginning of time through the end date". This means that the first time you reconcile an account you need to also include the opening balance transaction in the reconcile process. Going forward you wont have to do that, because the starting balance *should* match your account statement. Hope this helps! > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. -derek -- Derek Atkins 617-623-3745 de...@ihtfp.com www.ihtfp.com Computer and Internet Security Consultant _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.