previous reconciliations

delphine ourevitch-coquatrix's Avatar

delphine ourevitch-coquatrix

03 Aug, 2018 04:57 PM

How can i find previous reconciliation on this program. i don't seem to be able to reconcile now. Many thanks

Delphine

  1. 1 Posted by mhoggie on 03 Aug, 2018 10:32 PM

    mhoggie's Avatar

    are you talking about reconciling an account ? The only record of reconciling accounts that I'm aware of is the little green check mark next to the transaction that indicates the transaction has been cleared.

  2. 2 Posted by dwg on 03 Aug, 2018 10:55 PM

    dwg's Avatar

    I'm a fellow user.

    The reconciliation window is dynamically generated, basically like a report that shows the status of transactions at that particular point in time, but it only finds transactions that are not marked as being cleared or are marked as "reconciling" and presents these to the user in the Window for attention, obviously once marked as cleared the status has changed, it is not possible to generate the screen at some arbitary point in the past since the date(s) when the status was changed is not recorded.

    I'm afraid that not being able to balance and account if often the result of human error, the following article has a list of some of the more common things that can happen.

    http://help.infinitekind.com/kb/register-and-transactions/reconciling

    I would add to the article that another approach to finding the error is to find a point in time where the balance in Moneydacnce matches the statement balance and work forward from there.

    I do not agree with the suggested approach to enter an adjustment transactions, if you are just modifying the balance in the program to match the bank why bother to keep your own records?

  3. 3 Posted by sprimost on 04 Aug, 2018 12:27 AM

    sprimost's Avatar

    I'm a fellow user.

    When I came upon this issue one time (or two or three!), you could do
    the tracing back as described as a manual step (by printing the
    transaction in a report until you find the one that is (most likely
    missing or duplicated).

    I have also done the route where you "unclear" the transaction back
    approximately one month (if that is your time period, and then you can
    again, reconcile. But, there is no way to actually automatically
    un-reconcile as an automated step. NOw, talking US-centric, a bank will
    usually clear a check in a couple of days, but debits, and automatic
    withdrawls will appear within 24 hours later.

  4. System closed this discussion on 03 Nov, 2018 12:30 AM.

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