lost reconciliations Quicken 2014

Hi, jo.

Remember that we Reconcile to a specific POINT in time, not to a PERIOD of time.

So, if your December 31, 2014, reconciliation is correct, then - by definition - it is correct for all the history of that account up to

So, when Quicken says that there are zero differences between the bank's ending balance and your balance at that date, you are DONE. Just let Quicken add the "R" to all transactions in that account to that date.

After all, if there was a $.27 error in March that had not been corrected by December, then the December statement reconciliation would STILL show a $.27 difference, wouldn't it? If the new difference is zero, then the error must have been correct somewhere along the way. (Of course, it could have been "corrected" by a phony "adjustment". But that's harder to find and fix.)

RC

-- -- R. C. White, CPA San Marcos, TX (Retired. No longer licensed to practice public accounting.) snipped-for-privacy@grandecom.net Microsoft Windows MVP (2002-2010) (Using Quicken Deluxe 2015 R4 and Windows Live Mail in Win8.1 x64)

Another odd one. I faithfully reconcile my bank statements monthly or occasionally one month behind. Went to do December and found that everything that should have been reconciled wasn't, back to March of 2014. I checked monthly backups and they were all the same.. no Rs in the reconciled field.

My checking account looks reasonable. Everything else does also. Is there anything known that could cause this? Is there any easy way to fix it other than to locate the bank statements going back that far and rereconcile everything? I really would not look forward to doing this.

Hi Rc,

I cannot tell if the December or any other reconciliation is correct becaus e i did not print off reports for each month. The only thing I can say is t hat I did the reconciliation process, got to a 0 discrepancy each month, th e cleared field was changed to an R, and now the Rs are all gone. In my mi nd, each month was properly reconciled or I wouldn't have gone further with out fixing it. However, when I put in the proper (i.e December 2014) begin ning and ending statement dates and beginning and ending statement balances , tons of transactions were displayed for all the previously Reconciled tra nsactions from 2014 which suddenly had reverted to just cleared status .

I am prepared to admit I screwed up in some odd way, but i can't think of h ow. I apparently pulled out all my 2014 paper bank statements to put them i n "cold storage" so I can't easily go back to the last month that seems to be properly reconciled, but I will find them, or print them off from the on line bank records and go from there since i can't think of another way to g et back in sync. i'd just like to know how this happened so it doesn't happ en again.

jo