An item that is cleared means that your bank has cashed it. An item that is reconciled means that at the end of the month the balance of the bank and your checking account match for all item that have cleared. That is the difference between the two. I hope my explanation is simple enough.
Sent from my iPhone > On Jan 29, 2018, at 7:56 PM, Mark Hedges <mark.hed...@weirdvibe.com> wrote: > > Thanks all. > > I don't understand the difference between "cleared" and "reconciled" > in Gnucash context. Someone mentioned that one changes R from "n" to > "c" when they see the charge in their bank statement or online > banking. How is that different in terms of information flow from > using the reconciliation feature to do exactly the same thing? I > still end up having to cherry-pick individual transactions to make the > balance work out. > > Regarding the Num field, I understand that this would be a check > number if anyone paid for much with checks anymore. For checking visa > or ACH transactions, am I supposed to record the transaction number > from the bank online balance sheet or statement? > > Thanks. > > Mark > _______________________________________________ > 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. _______________________________________________ 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.
