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gnucash/doc/html/C/xacc-recnwin.html

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<!DOCTYPE html PUBLIC "-//IETF//DTD HTML//EN">
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<link rel="stylesheet" title="normal" type="text/css" href=
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<title>Reconciliation Window</title>
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<h1>Reconciliation Window</h1>
<p> The Reconciliation window is used to reconcile cleared
transactions from a bank statement. Enter a dollar amount from
your last bank statement in the box, and then click <tt>
OK</tt> . The window will then show all unreconciled
transactions since your last bank statement. The reconcile
window looks like this:</p>
<p><br>
<img src="recnwin.gif"><br>
</p>
<p> The Reconciliation window is used to reconcile the user's
records at the end of the month. This involves validating the
transactions in GnuCash against the transactions indicated on
your bank statement.</p>
<p> For example, when you write a check for something, you
should enter the transaction into GnuCash.</p>
<p> At the end of the month, you receive your bank statement,
perhaps including canceled checks. At <em> that</em> point,
you should "reconcile" the account, that is, agree your
personal records to the documentation provided by the bank.</p>
<ul>
<li>Open the reconcile window, and GnuCash will prompt you to
enter the ending balance from the bank statement.</li>
<li>Then the reconcile window will pop-up, and you will see a
credit and a debit column that lists all the non-reconciled
transactions.<br>
<br>
</li>
<li>
Now, examine each item on the bank statement.
<p> If a check has cleared, as indicated by your bank
statement, you should click the field between the
description and payment fields, and it will then change
from <tt>n</tt> to <tt>c</tt>, indicating the transaction
has <b>c</b>cleared.</p>
<p> You then repeat this for each item that appears on the
bank statement, verifying that the amounts match with the
amounts in GnuCash, and marking off transactions in GnuCash
as they are reconciled.</p>
</li>
<li>At the bottom of the window is a difference field, which
should be $0.00 when you are done reconciling. If it isn't,
then you have either missed transactions, or some amounts may
be incorrect in GnuCash. (Or, probably rather less likely,
the bank may have made an error.)<br>
<br>
</li>
<li>When you have completed marking off all the items on the
bank statement, and when the difference heads to $0.00, you
should press <tt>Ok</tt>, then the <tt>n</tt> or <tt>c</tt>
in the transactions that were checked off will change to a
<tt>y</tt>, indicating that they have been validated to agree
between the bank statement and your own records.<br>
<br>
</li>
</ul>
<p>When you change anything in a transaction that has been
reconciled, a dialog box warning you that such changes are
unwise should pop up, but this doesn't seem to happen
anymore.</p>
<p> Also, the "cleared" total at the bottom seems to display
<tt>$0.00</tt> regardless of what transactions are cleared or
reconciled.</p>
<p> The "cleared" total should display the total of only the
transactions that have been cleared (<tt>c</tt>) or reconciled
(<tt>y</tt>).</p>
<hr>
<p> Return to <a href="xacc-main.html"> Main Documentation
Page.</a></p>
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