I don't know how to combine scheduled transactions and banking data in practice. What I have done already:
- I am fairly new to accounting, but have read Accounting for Computer Scientists, so I know the basics.
- I already used gnucash for a while and entered all my expenses and income. Now I want to automate things (starting from scratch).
- I have some scheduled transactions, f.e. rent and the rent is substracted from my checking account each month. So I would like to create the transaction via gnucash's scheduled transactions functionality and confirm that the payment happened via the checking account data. That means I could plan ahead via scheduled transactions and can verify some transactions of my banking account. That is known as reconciliation.
My problem is: I don't know how to combine the two. Can I match scheduled transactions to be confirmed by imported data? How should the account structure be for this?
A scheduled transaction, like rent
- decreases my checking account
- increases my rent account
and is unconfirmed. During reconciliation I would like to import my banking data, but this would also decrease my checking account and increase my rent account; the scheduled transaction has already been created.
I think I don't get some part of the reconciliation or import process.