It does and thank you. Good point. On 1-Jan-09, at 6:58 PM, Jaysen wrote:
> >> New(?) can of worms.... Is it really necessary to reconcile if all >> transactions are downloaded? (See Jaysen? I can be dense, too.) >> Karen > > Oh no. Not dense... > > You reconcile to verify that your records and the banks records match. > Some times you might find "extra" transactions in your account or in > the bank statement. These need to be tracked down and figured out. In > November I had someone run up $12K fraudulent transactions. It was > very noticeable because of the size, but also because there were > suddenly a large number of transactions listed that I had no record > of. > > DL'ing transaction is just a quick way to ensure that you and the bank > have the same entries. Always check these entries out and make sure > that you understand where the transaction originated. > > Hope that helps. > > Jaysen > > --~--~---------~--~----~------------~-------~--~----~ 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 [email protected] 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 -~----------~----~----~----~------~----~------~--~---
