Reconciling Shows Wrong Balance

Problem

trying to reconcile a bank account balance for a previous month, and not getting the correct statement balance

Diagnosis

the statement balance in Reconcile always includes ALL cleared items.
Goldenseal Accounting Software really can't do anything else, since the reconcile periods are just text. It doesn't know what order they are in, so it can't get the balance as of a past period.

Solution

If someone is reconciling bank transactions over several months, they'll need to reconcile the oldest month, then go sequentially thru subsequent months.

Comments

Entered 7/27/01 by Dennis.