On May 21, 2009, at 10:13 AM, granado87 wrote: > I've had some problems that I'm not sure how to deal with. I have a > credit card that I'm trying to reconcile. I only made 1 payment with 3 > transactions. However, the reconcile amount is not clearing. The > starting and ending balances are correct, as well as the transaction > amounts. However, MW still thinks there is a difference. > Hello,
Are you entering the starting and ending balances on the statement as negatives? Also, your starting balance transaction for a credit card or liability account is usually a "Charge" because credit cards are liability accounts and rarely carry a positive balance. For more reconciling tips, see What is reconciling an account and how do I do it? > As well, I have my mortgage payment memorized. When I "opened" the > transaction from "pending," (I, too, was surprised like other members > of this list that it wasn't automatic) my checking account sees the > transaction, but my mortgage account doesn't. I'm not sure as to why. > The transaction detail states that there is a transfer from my > "checking" to my "mortgage" account. > The two sides of a transfer are not connected in this manner. If you want to mark both sides as "Open" you'll need to do them both individually. This is changing in an upcoming release. > I really want to like MW, but experiencing these kinds of problems are > starting to wane on me--and I still have yet to fully learn the bucket > concept. I could be doing something wrong. Any help would be > appreciated. The bucket concept (envelope budgeting) shouldn't be too hard to learn. It takes a change of focus from account balances to bucket balances. Check out all our videos, articles, and FAQs to learn more. Peace, Kevin Hoctor No Thirst Software LLC [email protected] http://nothirst.com http://kevinhoctor.blogspot.com Check out our MoneyWell video tutorials: http://nothirst.com/moneywell/tutorials/ Join our user forum to learn about new releases: http://groups.google.com/group/no-thirst-software --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
