Deposits showing as Reconciled, actually entered since last reconciliation.

Henry G Hooker's Avatar

Henry G Hooker

12 Sep, 2022 06:04 AM

Two deposits since last reconciliation are showing as cleared on my register. When I try to reconcile the next month, those deposits don't show, since they think they were cleared the month before. If I try to remove the cleared designation, it changes my starting balance from what it actually was at the end of last month and should be at the start of this month.
What's up here? How to get back to where I was at the end of last month, or something?

  1. 1 Posted by dwg on 12 Sep, 2022 06:24 AM

    dwg's Avatar

    I'm a fellow user.

    The Beginning Statement Balance on the reconcile window is a calculated value, it is defined as:

    Initial Balance of the Account + Cleared Deposits - Cleared Payments

    Hence if you change the status of transactions from or to cleared it will change the beginning balance in the reconciliation, so what you are seeing with the balance changing is to be expected.

    if the beginning balance is not the same as the last end of statement balance it suggests a problem in the register, the article referenced below suggest a variety of possible issues:

    https://infinitekind.tenderapp.com/kb/register-and-transactions/reconciling

  2. System closed this discussion on 12 Dec, 2022 06:30 AM.

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