I'm having a bit of trouble: two of my accounts have incorrect opening balances -- is there some way to correct that? When I reconcile, if I correct the opening balance it shows up as a 'balance correction' in the reconcile window. The balance I have for 'opening' is the same as the balance I have from the closing balance with the last reconcile. Now, there *were* errors in those accounts [amounts posted to wrong acccounts or some such] and I think I had to void an entry [but I'm don't quite remember]. SINCE: things are [AFAIC] correct as they are, what should I do to tell *quicken* that things are OK.
Bernie Cosell wrote in news: snipped-for-privacy@library.airnews.net:
I'd make a zero dollar entry using the most recent date that you and the bank agreed to the effect "All is OK - discrepancies fixed" or whatever note to yourself you want to use.
The Quicken "opening balance" for a Quicken reconcile is the net amount of all transactions with a Cleared Status of reconciled ("R"). [The most important "thought" I have on the subject of your post.]
Quicken does not "remember" the ending balance of your previous reconcile.
Anything that happens between your previous reconcile and your current reconcile, that changes the net amount of transactions with a Cleared Status of "R" ... will cause the reconcile opening balance to be different from the ending balance of your previous reconcile.
I believe that in some cases, all you need do is accept this fact, ignore the reconcile opening balance, and focus on the reconcile ending balance ... which should be all that matters.
If that doesn't work, I think you need to find the transactions (existing, or missing) that constitute the difference between your previous ending reconciled balance, and your current reconcile opening balance ... and correct the difference.
That may require manually marking one, or more transactions as reconciled. It may require un-marking some transactions with a status of Reconciled. It may require adding transactions to the register. It may require deleting transactions from the register. It may require changing the amount of transactions in the register.
Right after I "upgraded" to Q11, something changed the initial balance entries on some of my accounts, and thus resulted in the sort of problem reported.
Do go to the very start of each register and make sure the initial entry makes sense. If necessary, just fix it.
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