On Tue, 23 May 2000, Randolph Fritz wrote:
> Then it occurred to me
> that multiple lines might be better; the first indicating the beginning of
> reconcilation, the intermediate lines indicating the corrections to
> the register (following the basic principle that a journal is never
> changed without a record), then a closing line indicating
> that the account has been reconciled.
Additions to the account ledger that are discovered during reconciliation are
not a part of the reconciliation itself. As such, they belong in their own
transactions which span multiple accounts.
As for the reconciliation itself, I would add a transaction which has two
entries "Ending Balance" and "Opening Balance". The reconciliation would pick
up the prior Opening Balance, include the Ending Balance and leave the
current Opening Balance for the next reconciliation.
