5
votes
Gnucash: Default reconcile date to today?
While I don't know of a way to make today's date (rather than what I believe to be one month following the previous reconciled statement's date) the default, you can press t in any date field to cause ...
- 4,476
3
votes
Accepted
GnuCash: Should I Record Fraudulent Charges?
It's up to you really. If you want your book to clearly reflect the state of your accounts then you should record both the transaction and the reversal.
- 181k
3
votes
Accepted
How to reconcile loan statements when balance doesn't add up
There are two moving parts, month-to-month:
interest on the loan: increases the balance; and
payment: decreases the balance.
Consider entering these separately.
If you set up the loan account via ...
- 9,392
2
votes
Accepted
Xero - How to reconcile a transaction when the period has been locked
We've just had the same problem.
tl;dr - It seems you have to unlock the transaction period to reconcile. The danger here is that may affect reports you have already made, so you should probably ...
- 136
2
votes
Accepted
How to reconcile a checking account against bank statements?
One of the difficulties in tracking down this kind of discrepancy is that there might not be a single problem to find. There might be two or more missing transactions that were not imported, or there ...
- 1,508
2
votes
Accepted
A client paid a non-business debt into my business bank account. How to handle in Xero?
I haven't used Xero yet myself, but in general accounting terms, that was someone putting money belonging to your personally in to your business bank account. In effect, it's as if you moved some of ...
- 715
1
vote
Is the "Sum of the Squares" equation used to reconcile bank accounts?
If you are writing a lot of cheques, best practice is to separately 'balance your cheque book' and go through cheque by cheque against your bank account to see what hasn't cleared yet.
I can't really ...
- 42.9k
1
vote
Reconciliation uses different number than entered
In GnuCash the reconciliation feature is available for all accounts, regardless of the account type (whether it's an asset, liability, expense, etc). With some accounts such as a bank savings account,...
- 4,497
1
vote
Accepted
Gnucash: Default reconcile date to today?
Tony, there IS a way to make it default to today's date.
If you open Edit / Preferences, then select the Register tab, you will see a tickbox option for "Always reconcile to today". The helptext ...
- 1,508
1
vote
Accepted
Help reconciling credit card with Amazon
If you have Amazon Prime you can set up a household to share your Prime benefits with others. You can add the business version of yourself to keep personal and business orders separated. Then you can ...
- 70.8k
1
vote
How to reconcile loan statements when balance doesn't add up
If we accept the Statement Bal as true, then we can reverse engineer the amount of principal the Statement Bal implies must have been paid. For example (using Python), given this data:
In [94]: df = ...
- 805
1
vote
Why doesn't GnuCash auto-reconcile non-bank accounts?
It isn't typical in accounting to reconcile income and expense accounts as they show up on the bank, i.e., asset account, reconciliations anyway.
- 111
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