On Nov 10, 2008, at 9:28 AM, Kevin Hoctor wrote:
>> I’m trying to understand reconciled transaction. The procedure is >> simple and clear but I can’t *why* should I use it. I mean: every >> month I receive the bank and the credit card reports and I simply >> input them. Should I consider these transactions already reconciled? > I don't plan on using the reconcile feature. I enter transactions as they occur and once in a while check that my MoneyWell checking account balance = my bank's web site balance (adjusted for the few outstanding checks that haven't cleared). At my bank I turned off paper statements so I don't ever look at another bank statement. My method produces the same results, i.e. does my local balance = what the bank thinks my balance is. I try to eliminate as many procedures as I can without losing any benefits. Thanks Bill --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "No Thirst Software User Forum" group. To post to this group, send email to no-thirst-software@googlegroups.com To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/no-thirst-software?hl=en -~----------~----~----~----~------~----~------~--~---
