Hi China Blue
This particular issue baffled me for some time until I came up with a
process that tells me what to expect. My GnuAccount opening balance
hardly ever is the starting balance in the relevant statement because
inputs and outputs from previous statements as well as the current
statement are not always fully accounted for (pardon the pun).
Here is the process:
*To reconcile Credit Card, GnuCash vs Bank:*
1.Copy LAST entry in Gnucash before entries that are being reconciled
i.e. last reconciled entry
2.ADD New Transactions and Charges (not closing balance) from current
bank statement
3.SUBTRACT payments/Refunds from bank statement
4.Result should be the same as LAST entry being currently reconciled in
GnuCash
5.If there is a difference, subtract actual entry in GnuCash from
calculated entry
6.This is the value that needs to be found – it should either be an
incorrectly made entry or a missing/extra entry or a combination
7.Easy way to check is to print statement and hand tick on paper
Cheers
Phantom
On 4/06/2017 10:08 AM, Michael via gnucash-user wrote:
On Sat, 3 Jun 2017 15:51:01 -0700 (PDT)
EngineInstitute <[email protected]> wrote:
I am having problems reconciling an account. The starting balance
agrees with the statement but ending balance does not. OK so I
changed the ending balance to the correct one in the initial dialog
box. I then went on to the next task of checking all of the debts and
credits. I did that and compared the sum of the total debt and credit
amounts against the statement so far ok. BUT the ending balance still
does not agree even there are no additional debts logs and one
outstanding credit and I cannot close the account for that period.
What am I missing?
Thanks.
-----
China Blue
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Did you adjust the closing date on the reconcile window to match your
statement, rather than adjust the closing amount? With the correct
date, you should get the right amount, unless you have additional
transactions or interest that have not been entered in gnucash.
Otherwise not sure what else it could be. Mike
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