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 OK . The window will then show all unreconciled transactions since your last bank statment. The reconcile window looks like this:
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.
For example, when you write a check for something, you should enter the transaction into GnuCash.
At the end of the month, you receive your bank statement, perhaps including cancelled checks. At that point, you should "reconcile" the account, that is, agree your personal records to the documentation provided by the bank.
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 n to c, indicating the transaction has cleared.
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.
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.
Also, the "cleared" total at the bottom seems to display $0.00 regardless of what transactions are cleared or reconciled.
The "cleared" total should display the total of only the transactions that have been cleared (c) or reconciled (y).
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