Re: [GNC] grouping deposited items
On 3/3/2020 10:17 AM, Ian D Henry wrote: I may have used the wrong search terms, but I can't find out if Gnucash has a way of grouping deposited items so they can be matched with the deposit amount on the bank statement. Ian Model the deposit ticket. This was a touch more obvious for me since very low volume meant usually several items to deposit before making a trip to the bank. But you can do this even if depositing daily. Create an account, undeposited cash << the money is technically yours when the negotiable paper is received, not when you get around to depositing it >> As items for deposit come in, enter them here. You can think of this as the list of items on your deposit ticket. When you make the deposit, you debit the bank account and credit undeposited cash for the balance << no going back to zero; no undeposited items >> When you get your bank statement, match deposits to the deposits in undeposited cash, and the transaction above this (up to the previous deposit) will be the individual items on that deposit. Michael D Novack -- There is no possibility of social justice on a dead planet except the equality of the grave. ___ 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.
Re: [GNC] grouping deposited items
If your statement shows you total deposits and total withdrawals and you want to see if those two match, then the proper procedure is called ‘reconciliation’ and the documentation should cover this in some detail. The basics are this: 1. Click the Reconcile button while viewing the account in question. 2. In the pop-up, set the statement date and the ending balance from the statement. (take not of opening balance, it should agree with the statement) 3. Check off each item in the deposit and the withdrawal columns that match individual transactions on your statement. 4. As you check items off, notice they are totaled under each column (what I think you are looking for) 5. When all items that match your statement have been checked off, the ‘Difference’ amount in the bottom right should be zero, which means you’ve successfully reconciled. You can then click the Finish button on the toolbar. If the Difference is not zero, you either missed a transaction to check off, or there are one or more transactions missing that need to be entered and then checked off, or, your starting balance was off because of a previously unfinished reconciliation. (note that editing a transaction after reconciliation will un-reconcile it. When doing such an edit, simply go through reconciliation again, check the edited transaction(s) and click Finish) It is probably best to start reconciliation from the oldest date in your GnuCash books and work forward in time, statement by statement till you are up to date. Regards, Adrien > On Mar 3, 2020 w10d63, at 9:17 AM, Ian D Henry wrote: > > I may have used the wrong search terms, but I can't find out if Gnucash has > a way of grouping deposited items so they can be matched with the deposit > amount on the bank statement. ___ 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.
[GNC] grouping deposited items
I may have used the wrong search terms, but I can't find out if Gnucash has a way of grouping deposited items so they can be matched with the deposit amount on the bank statement. Ian -- Ian D Henry ___ 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.